Staking Program
Staking Rewards:
The staking reward program is designed to incentivize $Home token holders to lock up their tokens for a certain period of time. The reward will be distributed over a period of 5 years, with decreasing rewards each year as follows:
Year 1: 500,000,000 $Home
Year 2: 250,000,000 $Home
Year 3: 125,000,000 $Home
Year 4: 62,500,000 $Home
Year 5: 31,250,000 $Home
Reward Distribution:
Rewards will be distributed proportionally to the amount of $Home tokens staked by users. For example, if user A stakes 1,000,000 $Home for 36 days during the first year, and the total amount of $Home staked in the pool is 10,000,000 $Home, then user A will receive the following reward:
User A reward = (User A staked amount / Total staked amount) * Annual reward amount * Staking days / 365 User A reward = (1,000,000 / 10,000,000) * 500,000,000 * 36/365 ~ 50,000,000 $Home
Staking and Redemption:
Users can stake or withdraw their $Home tokens from the staking pool at any time, meaning that they can freely deposit and withdraw their tokens, making it a flexible and user-friendly staking plan.
Staking Interface:
To participate in the staking program, users can connect their wallets to the staking interface on the OtterHome website. They can then select the amount of $Home tokens they wish to stake and confirm the transaction to deposit the tokens into the staking pool.
Staking Rules:
Minimum staking period of one week.
1% fee for staking and redemption.
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