STAKING DEXNET'S TOKENS
Staking is the process of supporting the operation of a blockchain by holding cryptocurrency in a cryptocurrency wallet or on a specialized platform to earn rewards.
There are two types of DEXNET token staking:
Staking-1: This is a reward program for active DEX Node owners willing to lock their DEXNET tokens for a chosen period to receive additional rewards.
It works with DEXNET tokens earned through DEX Node operation.
It is active and rewards are distributed from a pool of 500,000,000 tokens allocated for this purpose.
You can participate in Staking-1 if you have tokens in the Staking-1 pool.
Staking-2: This is a reward program for all participants willing to lock their DEXNET tokens for a chosen period to receive additional rewards.
It works with DEXNET tokens acquired on the open market.
It is active and rewards are distributed from a pool of 500,000,000 tokens allocated for this purpose.
You can participate in Staking-2 if you have tokens in the Staking-2 pool.
Table #6: Staking
Staking Period
Staking-1 Rewards for Active Device Owners
Staking-2 Rewards for All DEXNET Token Holders
Staking Rewards Calculation
3 months
12% annual interest rate
10% annual interest rate
At the end of the term.
6 months
24%annual interest rate
20% annual interest rate
At the end of the term.
12 months
36% annual interest rate
30% annual interest rate
Every 3 months
24 months
48% annual interest rate
40% annual interest rate
Every 3 months
36 months
60% annual interest rate
50% annual interest rate
Every 3 months
Attention! At any time, you can change the duration of any staking either up or down.
The reward amount for staking is calculated according to the data in Table #6 as follows: the number of tokens sent to staking x % reward : 12 months x staking duration.
ADR (Active Device Reward) is calculated daily and immediately split in a 50/50 ratio:
50% of the tokens are available to the node owner for any purpose, while the remaining 50% of the tokens are sent to any staking with a chosen period.
By default, the staking duration is set to 3 months.
Important! When ADR (Active Device Rewards) tokens run out, and there are remaining tokens in the Staking Pool 1, the remaining tokens are transferred to Staking Pool 2.
When tokens in Staking Pool 1 are depleted, ADR (Active Device Rewards) is immediately credited, and 100% of the tokens are available to the node owner for any purpose.
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