Boost Your Returns with Long-Term Staking
DynaChain is excited to announce the launch of DYNA StakeMax, a revolutionary staking program designed to reward long-term commitments with substantial DYNA token returns.
With a total of 3,000,000 DYNA allocated for yearly rewards, this program offers users a chance to maximize their earnings based on how long they choose to lock their tokens.
Earn you rewards on every HOUR now !
DYNA StakeMax Key Details
- Launch Date: October 4th, 2024
- Time: 07:00 UTC (15:00 Malaysia Time)
- Total Yearly Rewards: 3,000,000 DYNA
- Daily Rewards: 8,219.178 DYNA
- Hourly Rewards: 342.465 DYNA
- Blockchain: BEP20
- Stake at: app.dynachain.io
How DYNA StakeMax Works
DYNA StakeMax offers a flexible staking experience where users can choose to lock their tokens for longer periods to receive greater rewards. This approach ensures that those committed to the long-term success of DynaChain are rewarded with a larger share of the rewards pool, while those who prefer shorter or no lock periods still have an opportunity to participate.
Understanding the Multiplier Effect
In DYNA StakeMax, your staking rewards are calculated based on your weight in the pool. Your weight is determined by the amount you stake and the lock period multiplier you choose. The longer you lock your tokens, the higher your multiplier, which in turn increases your weight and share of the rewards pool.
Participants who don’t lock their tokens will have a multiplier of 1, while those who commit to longer lock periods can benefit from multipliers up to X7 , significantly increasing their reward potential.
The rewards are calculated on an hourly basis, based on the total weight of the staking pool and your individual weight within it. To maximize your returns, it’s crucial to lock your tokens for the full 60-month period, which grants the highest multiplier.
As the campaign progresses, the maximum locking period decreases. For example, by the second month, the maximum locking period will be reduced to 59 months, and your potential multiplier will only reach 6.7x. To ensure you secure the highest possible rewards, it’s best to lock in early and take full advantage of the 60-month multiplier.
Example Calculations
Let’s assume you decide to stake 10,000 DYNA tokens with a 12-month lock period (multiplier of 1.5). The total staked in the pool is 1,000,000 DYNA (with 990,000 DYNA from other stakers who didn’t lock their tokens, so their multiplier remains 1). Here’s how your rewards are calculated:
Calculate Your Weight:
- Your Weight = 10,000 DYNA × 1.5 = 15,000
Calculate Other Stakers’ Weight:
Other Stakers’ Weight = 990,000 DYNA × 1 = 990,000
Calculate Total Weight:
- Total Weight = Your Weight + Other Stakers’ Weight
- Total Weight = 15,000 + 990,000 = 1,005,000
Calculate Your Share of Rewards:
- Your Share of the 3,000,000 $DYNA reward pool:
- (15,000 / 1,005,000) × 3,000,000 = 44,776.12 DYNA
In this example, you would earn approximately 44,776 DYNA over the year for staking 10,000 DYNA with a 12-month lock period. In comparison, other stakers who didn’t lock their tokens would earn significantly less due to their lower weight.
What if you stake for 60 months?
Let’s stake the same amount 10,000 DYNA tokens at the very 1st month, with a 60-month lock period (multiplier of 7). The total staked in the pool is still 1,000,000 DYNA (with 990,000 DYNA from other stakers who didn’t lock their tokens, so their multiplier remains 1). Let’s calculate your rewards:
Calculate Your Weight:
- Your Weight = 10,000 DYNA × 7 = 70,000
Calculate Other Stakers’ Weight:
Other Stakers’ Weight = 990,000 DYNA × 1 = 990,000
Calculate Total Weight:
- Total Weight = Your Weight + Other Stakers’ Weight
- Total Weight = 70,000 + 990,000 = 1,060,000
Calculate Your Share of Rewards:
- Your Share of the 3,000,000 $DYNA reward pool:
- (70,000 / 1,060,000) × 3,000,000 = 198,113.21 DYNA
Key Takeaways:
- Longer Lock Period = Higher Rewards: The longer you lock your tokens, the higher your multiplier, giving you a larger share of the 3,000,000 DYNA reward pool.
- Flexible Options for All Participants: Those who don’t lock their tokens will still receive rewards, but at a reduced rate, ensuring the flexibility to suit individual staking preferences.
- Weighted Rewards: This model ensures that long-term commitments are more heavily rewarded, promoting a sustainable staking ecosystem while providing flexibility for users with different investment strategies.
Join DYNA StakeMax Today
DYNA StakeMax is an excellent opportunity for DynaChain users to maximize their DYNA token earnings. Whether you’re a long-term holder looking to lock your tokens for greater rewards or prefer a flexible staking approach, there’s something for everyone in this program.
To get started, head over to app.dynachain.io and begin staking your DYNA tokens. The earlier you join and the longer you lock, the more rewards you can earn.
Disclaimer:
The above calculations are estimated. Final rewards will vary based on the total weight of all stakers and your personal weight in the pool. The rewards are floating and recalculated every hour, meaning your APY can fluctuate throughout the campaign.