Initial Staking

Broad Idea for our staking mechanism

We will offer a few tiers for staking, but the most enticing of which will be for users who opt to stake right when the program is launched. The general system would be:

Yield = ((X*Y)/ 12/A)*Z

A = Months Staked For

We envision this being a slider where you lock your tokens in for a given period of time, with the longer the period of time correlating to a higher % APY you’d receive.

It is also of note that at certain levels the yield will auto-compound back into the principle staked, meaning, if optimized, you’d be able to enjoy a ‘triple dip’ effect on what you’ve staked.

X = Base amount Staked

This would depend on the ‘bag’ you staked, but we envision allowing a single wallet to deploy multiple tranches of tokens to allow for multiple strategies and to diversify your portfolio and, ultimately, your risk.

Y = Yield strategy

The Yield strategies we are considering at the moment range from 2% to 12.5%, however, this would be based on the length you’ve opted to stake. We envision beginning with a one-month lock on staking, however, we do appreciate the need for the ability to live withdraw (even if at a less than ideal rate when locked).

Z = Boost Multiplier

The boost multiplier in this model would be significant and only in place should a user stake from the onset of the program, this would be likely in the vicinity of over 10% boost on APY for the duration, and would be in place to pull sell pressure off of the token right at launch.