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Staking your tokens grants access to the full suite of holder benefits and enhanced experiences across all d'apps.
Last updated
Staking your tokens grants access to the full suite of holder benefits and enhanced experiences across all d'apps.
Last updated
Our staking model is based on the Masterchef algorithm that multiplies rewards calculated in between the first and last blocks ensuring those who stake early don't get harmed by those who stake late while maximizing yield. A custom contract we built that allows you to stake your DeHub tokens and maximize your yield, while still being able to claim your regular weekly BNB rewards and accumulate reflections all in one place. A minimum APY of 10% is offered initially until full dilution after which rewards are dependant entirely on revenue.
Points to be made aware of 1) Users can stake and un-stake at any time or quantity in the quarter with early withdrawal fees only subject to standard 12% network fees. 100% of which go back back into rewards and redistributed to stakers. 2) Team & Operational wallets must be staked in order to immutably track DAO revenue and save us dividing % prior to any on-chain data collection. From the staking rewards earned by operational wallets, bums, LP additions and further allocations will now be fluid. Designations will be subject to requirements at any given moment ensuring the DAO's needs are at the forefront at all times.
What incentive to stake early? Each block. APY is multiplied based on the total number of blocks from staff to finish ensuring those who stake the soonest yield the greatest. How will costs and fees be measured & audited? Please refer to our forecast (link) to keep track of progress while any off-chain activity will have direct on-chain settlement allowing immutable auditing. What will the API be? The APY is calculated by how many users stake in proportion to the rewards pool. On launch, there will be 50.000.000 (combination of Gate buybacks & operational wallets) tokens allocated to staking at a minimum rate of 10% per year. If all staking allocations are filled and we hit our forecasted fees, over 1-200% ArY is an ideal target. Are hardware wallets compatible? Yes, we advise hardware wallets and can whitelist wallets from taxes should users need to make transfers to hardware wallets. Video tutorials for Staking? Many instruction videos for all parts of our d'apps win be released yet the steps in staking are very simple and do not require any technical knowledge. When can we claim rewards? Rewards unlock precisely at the end of each passing quarter. How much or often can I un-stake and will there be a standard un-staking fee? There will be no withdrawal fees should users stake for a full quarter. Anyone can partly or fully un-stake at any time for a standard 12% fee. of which 100% goes directly back into the rewards pool. Can I still claim my BNB rewards and collect reflections while staking? Yes - All in one place. Will I be eligible for NFT mints? All wallets will be whitelisted for the mint, including amount staked for rarity hunters. Can I take part in staking on CEXs? Staking will be ADHOC on CEXs and We advise moving your tokens off CEXs and staking on decentralised wallets to ensure you always remain in control of the keys to your precious DeHub stash. Is there an audit for the contract? Even as one of the most secure and forked staking algorithms in existence, users should always understand the risks involved with decentralised finance protocols. That being said we are in the process of auditing further a number for future contracts with Certik and any issues picked up can be resolved immediately and for next quarter due our upgradable smart contracts. How to stake? The steps are very simple and consist of minimal clicks or technical requirements.
Connect wallet
Click the "Stake" button.
Input amount of DeHub to stake )
Confirm the transaction & you're done. Note: during the first transaction you will have to approve the staking contract first. This will happen only once. How staking rewards are generated? Staking rewards are generated from all fees taken by the network's streams of revenue as well as a base allocation from initial injection.
Where do fees come from? Fee's are generated from a number of avenues such as; • PPV & PYPV sales • Streaming subscription fees • NFT Marketplace fees • NFT Launch fees • IRL & VR Event NFTicket Sales • Trading & Technical fees on all DEXs • Promotional partners on gaming and streaming d'apps • Affiliate and referral programmes at High Street Onboarding Stores.
Disclaimer: DeHub tokens are strictly for utility purposes in the same way that any in-game or in-app digital tokens such as V-Bucks operate only on-chain, we can offer different utility such as this staking model. The above data is compiled for transparency, educational and informative purposes only. DeHub and all affiliates hold no liability for financial losses. You could lose all your money. Nothing is guaranteed.