With both, you can simply stake your LIL tokens to earn more LIL tokens with no deposit fees—both staking options auto-compound LIL rewards for you. Flexible staking allows users to stake LIL and earn rewards with the ability to unstake whenever they please. Fixed-term staking allows users to maximise their yield and earn even more LIL by locking their staked LIL for a period of time they choose, earning a linearly boosted APY compared to flexible staking.