Elevate Your Crypto Game with Tier Boost Staking Pools
Introducing Tier Boost Staking Pools, a significant innovation in the Decubate ecosystem, allows stakeholders to elevate their Tier status through strategic staking of Tokens. Stakeholders have various staking options, ranging from 90 to 365 days. By choosing these options, they can benefit from increased allocations in events, a boosted APY with Genesis NFT, and contribute towards the long-term stability of the DCB ecosystem. This system surpasses the old staking pools in sustainability, promising a brighter future for stakeholders, both veterans and newcomers. Dive into the Tier Boost Staking Pools and redefine your crypto journey towards more growth, rewards, and a promising cryptocurrency future.
Table of Contents:
- What Are Tier Boost Staking Pools?
- How Does It Work?
- Why Make the Switch?
- What's the Status of Current Staking Pools?
- Unlocking Your Boost Potential
What Are Tier Boost Staking Pools?
In the past, more extended staking periods were primarily offered increased APY on staking rewards. However, our Tier Boost Staking Pools introduce a unique and compelling mechanism. Instead of just a higher APY, users staking their tokens for extended durations are now rewarded with a significantly higher tier. This move is designed to acknowledge and reward our community members who exhibit trust and commitment to our platform. Consequently, long-term staking becomes more rewarding, as a user's tier is directly proportional to their access to premium features and future rewards.
How Does It Work?
Here's a breakdown of our staking options:
- 90 Days Staking: 2% APY + 10% Tier Boost + 2% Genesis NFT Boost
- 180 Days Staking: 3.5% APY + 25% Tier Boost + 2.5% Genesis NFT Boost
- 365 Days Staking: 5% APY + 40% Tier Boost + 3% Genesis NFT Boost
Example Calculation: If you decide to stake 145K tokens in the 365-day pool, you are committing to locking your tokens for 365 days, adding considerable stability to the DCB ecosystem. Typically, 145K tokens will grant you a Platinum tier. But with the 365-day pool's 40% tier boost, you will be elevated to the Diamond tier (requiring 200K tokens). This tier increase will further enhance your allocations in L2E and IDO events.
Here's a simple calculation breakdown: 145K (your stake) + 40% (tier boost) = 203K. While your token count remains at 145K, the smart contract perceives it as 203K due to the applied tier boost percentage. On top of this, you're also eligible for a 5% APY reward on your staked tokens, and if you have the Genesis NFT, that’s an additional 3%!
Why Make the Switch?
- Higher Allocation in Events: The Tier Boost guarantees stakeholders higher allocations in events such as L2E and IDO, enriching their overall standing and prospects within the crypto realm.
- Genesis NFT Boost: Genesis NFT offers stakeholders an incremental APY Boost, ranging from 1.5% to 3%, based on the staking duration.
- Long-term Sustainability: The revamped staking pools are meticulously crafted to ensure a sustainable APY%, which is vital for the unwavering stability of the DCB ecosystem.
What's the Status of Current Staking Pools?
Our existing staking pools, which feature impressive APY%, raised some sustainability concerns for DCB. If you're already staking in these pools, your tier remains unchanged. These pools will stay active until their designated lock period concludes. For example, if you've committed to the 6-month staking pool, it will remain valid for its full 6-month duration.
We emphasize that there's no obligation to switch or modify your staking choice, even after your pool expires. We value your choices and offer you the freedom to decide the best course for your assets.
Unlocking Your Boost Potential
After applying the boost, the tier boost percentage is derived from the difference between your actual staking amount and the enhanced amount.
Let's break it down with an example:
Imagine you have a 50k DCB stake in a standard pool and another 50k DCB in a pool offering a 20% boost. Here's how the boost is computed:
- Your 50k DCB with a 20% boost becomes 60k.
- Combining both pools, you have an effective stake of 110k (60k + 50k).
- Your original stake without the boost is 100k.
- Therefore, you receive a 10% boost, as the effective stake has risen by 10k from the original 100k, which translates to a 10% increase.
Get Started Today
Tier Boost Staking Pools represent the next chapter in Decubate's evolution. They empower stakeholders to flourish, prosper, and contribute to a resilient and sustainable ecosystem. Harness the power of these pools to align with your objectives and Decubate's future.
Seize this golden chance to reshape your crypto trajectory. Stake, elevate, and soar!
Disclaimer: This blog post is solely for informational purposes. It does not offer financial advice. It's recommended to perform your own research before making any investment decisions.
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