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:

  1. Minimum staking period of one week.

  2. 1% fee for staking and redemption.

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