Staking
AWX Payouts to Draco Stakers
You get rewarded AWX whenever a "payout cycle" triggers based on your % of the total share pool. (23% of the deposited AWX is added to the Staking Payout pool)
When you stake your DRACO, you get shares based on the current Share Rate.
Minimum and Maximum Staking Duration
Minimum stake length: 88 days
Maximum stake length: 888 days
The rolling payout cycles run:
Every 8 Days
Every 28 Days
Every 88 Days
And the 23.2% daily mint cycle allocation of AWX is distributed like this:
62% gets added to the 8-day rolling payout
21% gets added to the 28-day rolling payout
17% gets added to the 88-day rolling payout
And NEVER stops. These cycles will pay out forever as long as people participate in the protocol
Auto-Compounding Staking Rewards
If you would like to auto-compound your staking rewards, simply click the button and it is done.
Early Unstake with penalties
If a user stakes and then wants to claim early. The penalties will send to the AWX treasury to further fund the ecosystem.
Shares
When you stake your DRACO, you receive shares. You can earn additional shares with the following bonuses:
Duration Amplifier: Longer stakes earn more shares, up to +350% at day 888.
Size Amplifier: The more DRACO you stake in a single stake, you get a up to 8% extra bonus on your shares, capped at 100B AWX.
Example: The Percentace is calculated from the initial stake amount
- User stakes 100B:
- 8% bonus -> shares = 100B + 8B
- 20% (applied to 100B) -> = 108B + 20B
- Total -> 128B
AWX Amplifier: Send up to 20% of your stake amount in AWX to the AWX Treasury to earn up to 20% more shares
Example: if 1 AWX = 1 DRACO. Stake 1,000 DRACO and send 140 AWX to earn 14% more shares
Your share percentage determines your payout portion. For example, owning 1% of all shares entitles you to 1% of all payouts to DRACO stakers during your staking period.
The number of shares you have compared to everyone else determines your % of the AWX payouts.
Re-Compounding Staking system - eliminates fully-mature staking penalties
You pick a date for your stake to end when you start your stake, try to end your stake on that day.
If you're unable to on that specific day, your stake will stay staked and continue earning payouts and you will be able to claim at any time in the future without penalties. Essentially, If you never claim your stake, it will be permanently staked.
Staking - Early Claim Penalties
The only penalties applied to this protocol are early claim staking penalties which are as follows. All penalties are added to the AWX treasury to continue to build the ecosystem.
Stakes can be ended at any time. Early unstake will incur penalties
Depending on the amount of time left on the stake, that percentage minus 8% is what you can redeem your stake for: Example:
You max stake 100 Draco for 888 days - after 88 days you decide to claim your stake. 888/88= 10% This means that the user still has 90% left on their stake. So to claim early this is how it will look:
100 Draco Staked * .1 Time Staked = 10 -(.08 fee) = 9.02 Draco claimed
If 444 days in: 100 Draco Staked * .5 Time Staked = 50 -(.08 fee) = 46 Draco Claimed
If stake not ended for 1 week (grace period) after end date, 100% of DRACO is re-staked (and can be claimed at any time after with no additional penalties.)
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