Charging / Staking
The staking protocol is a mechanism that empowers users to mint and generate their own yield based on pool size, time, length and size of stakes. various options will be made available.
EARN REWARDS
We call staking, charging, as we are amplifying the energy to the tokenomics with various deflationary and gamified mechanisms to create demand, liquidity cycles and other motivating incentives. Inflation is paid to the staking and in-app user class and all users generate their own rewards and yield via the proof of effort protocol.
All stakes will earn a 4.32% APY evenly distributed to the stake community class based on in-app reward distribution and CHI-Share formula ratios. Burning mechanisms will also play a part in the dynamics of yield, liquidity, supply and demand.
In addition to the Time Deposit charging and staking system there will be a number of community pools and NFT pools to distribute the 4.32% inflation in both Vitality and CHI tokens. Please visit the Vitality application for more details.
Charging / Staking
The staking protocol is a mechanism that empowers users to mint and generate their own yield based on pool size, time, length and size of stakes. various options will be made available.
We call staking, charging, as we are amplifying the energy to the tokenomics with various deflationary and gamified mechanisms to create demand, liquidity cycles and other motivating incentives. Inflation is paid to the staking and in-app user class and all users generate their own rewards and yield via the proof of effort protocol.
All stakes will earn a 4.32% APY evenly distributed to the stake community class based on in-app reward distribution and CHI-Share formula ratios. Burning mechanisms will also play a part in the dynamics of yield, liquidity, supply and demand.
In addition to the Time Deposit charging and staking system there will be a number of community pools and NFT pools to distribute the 4.32% inflation in both Vitality and CHI tokens. Please visit the Vitality application for more details.
Various Staking Options:
NFT Staking Pools – First 100 Days Only (TBC)
Every time some exits the pool permanently to redeem their pool reward, users will obtain a greater yield %. The longer you stay in the pool, the higher your yield will become in time. The last user in the pool will receive 100% of the rewards for a period of 3 months straight and then forced exited to officially end the pool. All NFTS will be retained and will be 1/1000 limited series.
There will be a series of limited time early adopters NFT pools for users to mint and generate their own limited edition and founder edition NFTS. These pools will have an exclusive 100 day entry periods for users to build NFT pool staking ladders. Once the 100 day entry window is closed, users will not be able to re-enter the pool. Again, all NFTS are retained as an asset however they can not be used to re-enter these pools.
Flexible Staking Pools (TBC)
21 Day Unlocking Period
4.32% Annual Inflation Reward Distribution (% Pool Holdings)
Proof of Benevolence burning, fees, buy & burn and NFT minting burn mechanisms are in play.
Once a stake is completed in full, the user will receive their initial stake + APY% + CHI tokens in return for burned CHI- shares.
Compound Interest Re-stake Feature: ability to add rewards to current stakes at any stage, if term is still active. Restarts the minimum stake date from a minimum of 21 days.
The true level of gamification is for the community to research how to obtain high yield early adoption amplifiers.
Time Deposit Stakes (TBC)
• Minimum charge period 99 days • Maximum charging period 5555 days • Interest on stakes locked for 99 days minimum by payout date • Super Stakes 5555 with bonus CHI-Share yield % & EES rewards • Emergency End Stakes with penalties to ensure “complete term as promised” principles. • CHI-Shares determines the ratio % of EES bonuses and the APY % distribution to the staking community. • Once a stake is complete in full the user will receive their initial stake + APY % + EES Bonuses + CHI Tokens in return for burnt CHI-Shares. • Compound Interest Re-stake Feature - ability to add rewards to current stakes, at any stage and if term is still active. Restarts minimum stake date from minimum of 99 days. • Proof of Benevolence burning, fees, buy & burn and NFT minting burn mechanisms are in play. • Advanced gamification mechanisms for the diligent are in the whitepaper only. • The true level of gamification is for the community to research how to obtain high yield early adoption amplifiers.
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