💱Staking
Staking Details
Rewards
The return will be 1% per 30 days of staking, going up to a maximum of 8% for the complete term (i.e. if the mainnet is launched after 8 months, users who staked on the first day will receive 8% in total, in addition to the perks mentioned below).
Extra Perks for Stakers Who Do NOT Withdraw Before the Consolidation on Our Mainnet
Full tax reimbursement (i.e. 2%)
Share of the penalty pool (distributed among all current stakers based on their staked amount)
Important: All holders that do not unstake will get their principal investment, APY reward, tax reimbursement, and the share of the penalty pool in Dione Native Coins after migration and consolidation.
Penalties
If the users unstake before consolidation, they will be subjected to the following penalties:
Withdraw under 1 month post-staking: 7% penalty and the holder will not get back the 2% tax
Withdraw under 3 months post-staking: 6% penalty and the holder will not get back the 2% tax
Withdraw anytime before we migrate to our blockchain but more than 3 months post-staking: 5% penalty and the holder will not get back the 2% tax
Important: If the users unstake before migration, their prorated reward and penalties will be calculated and the due rewards along with the principal investment will be disbursed in Dione tokens.
Penalty Pool
100% of the penalties that are accrued from holders withdrawing their staked Dione tokens early before the staking period expires will have their penalty % sent to a "Penalty Rewards Pool".
Dione Protocol will utilize this pool to pay out additional rewards to holders who have fulfilled their staking time.
It should be noted that:
There is no minimum staking amount required
The maximum staking amount allowed per wallet is 2% of the supply
30 days before we end this staking program, the new stakers will ONLY receive 1% per 30-day return (or prorated, whichever is applicable)
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