đ°$INQU Staking
Formula:
Amount of tokens staked * APY * Time staked / 365 = Reward of tokens claimable
The staking periods and current APY rates are:
14 days =0.41666666666 percent
30 days= 1.66666666667 percent
60 days =5 percent
90 days= 12.5 percent
1. so, if a user stake for 14 days he will get 0.41% of his staked amount as reward.
2. so, if a user stake for 30 days he will get 1.66% of his staked amount as reward.
3. so, if a user stake for 60 days he will get 5% of his staked amount as reward.
4. so, if a user stake for 90 days he will get 12.5% of his staked amount as reward.
Staking Tier | Amount | Days | APY | Percent | Claimable |
1 | 100000 | 14 | 10% | 0.416 % | 100,410 |
2 | 100000 | 30 | 20% | 1.667 % | 101,666.6667 |
3 | 100000 | 60 | 30% | 5 % | 105,000 |
4 | 100000 | 90 | 50% | 12.5 % | 112,500 |
Please note the below
Rewards are given based on the allocated percentage for each lockable period
Early unstake fees are deducted from the deposited amount and you will receive no rewards - 10% fee
The fee for early withdrawal is a fixed percentage of the deposited amount - which impact the net rewards received by the staker upon withdrawal
The staking contract itself has no fee but there is a transfer tax in the main contract at 1% This will be used as an incentive to holders through the dapps & also utilities in form of rewards
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