$PLANET REVENUE SHARING STAKING DETAILS
Get ready for Revenue Sharing Staking as it is here to change the game. We at Planet ReFi have launched the first RWA of many to come, in collaboration with Lionel Messi — the biggest football star on the PLANET (pun intended).
As per our commitment to our community, we are proud to announce our Revenue Staking program. If you are new here and don’t know what that is, we got you covered.
We have hit our first milestone of the sales of the Limited Edition Messi-backed RWA selling 12,267 Messi collectibles. As a token of our appreciation to our community who has made that happen, we have announced this program where we give 10% of the revenue collected back to the community!
This would be the first of many Revenue Sharing Staking pools of unlimited $PLANET tokens as we’ve hit the first milestone. Holders will be able to stake a minimum of 100,000 $PLANET tokens with no maximum cap. The locking period would be for 90 days.
If you stake on the nth day the number of days you are staked is 90 — n.
Maximum APY for Revenue Sharing Staking is 50%.
As you can see above, there is a huge APY that would benefit the community by staking in this program. Holders will get their share in the revenue as soon as they unstake and the rewards will be given in $PLANET tokens.
We are dedicating 10% of the revenue from the very first milestone that we hit for the Limited Edition Messi-backed RWA sales which equals to $918,798. Huge right?
You can get $PLANET on Bybit, Uniswap, PancakeSwap, and more. Revenue Sharing Staking will be going live tomorrow on the 21st of May 2024 with an announcement on our X. This is part of the deliverables that are included in our Q2 Roadmap. Stay tuned and witness $PLANET disrupt the $16 trillion RWA industry.
Let’s enjoy the journey together!
Terms and Conditions:
1. The staking period is for 90 days. If you stake on the nth day the number of days you are staked is 90 — n.
2. Staking is available only for $PLANET on ERC20 and BEP20 chains.
3. Users will have to stake a minimum of 100k $PLANET to be eligible for the program.
4. The final APY can vary based on the amount of staked tokens and price over the staked period with a maximum of 50% APY.
5. For every time you stake your $PLANET, it creates a new lock.
6. Users will have to unstake each lock manually by visiting the staking portal.
7. After unstaking, users will have to claim their reward by visiting the staking portal.
8. Users will be charged gas fees for transactions determined by the chain.
9. In no event is PLANET responsible or liable to you for direct or indirect losses, damages, or costs arising out of, or in connection with, staking operations.
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