Perion credits (PERC) staking is here

What you need to know

Native PERC staking will be hosted on staking.perion.gg
PERC Staking pools will open on the 06th of Feb 2023
Stakers can choose to lock PERC or SushiSwap LP liquidity
Participation claims are skewed strongly to SushiSwap liquidity providers
Participation in the Perion ecosystem is required to claim
Our staking documentation provides a detailed guide for the staking process

Reward pools

There are currently 2 PERC staking reward pools:

PERC / ETH SushiSwap LP staking
PERC single-sided staking

To incentivise PERC SushiSwap liquidity providers, the balance of distributed PERC rewards is weighted as follows:

80% of PERC rewards to the PERC/ETH LP staking pool
20% of PERC rewards to single-sided PERC staking pool

How the program works

The participation program for PERC and SushiSwap PERC/ETH LP tokens offers a linear distribution of PERC over a period of 6 years, totalling 6% of the total token supply. This equates to 1 million PERC, per year
To receive PERC, you must stake either PERC tokens or SushiSwap ETH/PERC LP tokens, as well as participating in the action required to claim. See the documentation for further details
20% of PERC rewards are designated for the PERC single sided staking pool, with the remaining 80% of rewards allocated to the SushiSwap PERC/ETH LP pool
Rewards accrue and can be claimed, every 24 hours at 06:00 UTC

Calculating the rewards multiplier

To promote longterm ecosystem participation, the participation claim structure includes a multiplier that increases, based on the length of time tokens are locked up. The highest multiplier of 36x is given to those who lock up their tokens for 3 years. The multiplier is calculated as follows:

DepositedAmount= The Deposited PERC or SushiSwap LP token
MaxMultiplier = 36x
LockDuration = The user specified length of locking (1–36 months)
MaxLockDuration= 36 months

Ready to get started?

If you require further information please visit the staking documentation. The documentation provides an extensive guide including how to buy PERC, provide SushiSwap liquidity, navigating the staking dashboard, starting the stake, claiming rewards and much more.

Once you’re ready to stake, head to the platform at staking.perion.gg

Stay connected

2023 promises to be an exciting year for all of us at Perion, stay connected with our social channels, to keep up with our regular updates.

Web: https://perion.gg
Discord: https://discord.gg/perion-gaming
Twitter: https://twitter.com/PerionDAO
Medium: https://medium.com/@PerionDAO