We have some exciting news for PIXBY token holders and investors. We’re announcing our new staking DApp that will allow PIXBY token holders to receive staking rewards by simply invoking a single function!
The staking reward calculation is 23% of the annual ROI. So, if you stake 2,000,000 PIXBY tokens for 365 days in the PIXBY smart contract you’ll be able to claim 1260.273 PIXBY tokens daily till a total of 460,000 PIXBY reached at the end of the 365 days staking period. The more tokens you stake the higher rewards. Your initial investment which is 2,000,000 PIXBY in the this example, will be released back to you at the of staking period.
Here’s how you can start staking PIXBY:
- Head to https://pixby.io/app
- For the best experience, we recommend using the Google Chrome browser.
- Click on the button that says “Connect Metamask”
- Login with Metamask and authorize the connection to https://pixby.io/app (No PIXBY will be staked at this stage, you’re simply enabling the smart contract to interact with your account).
- Once permission has been granted you’ll see your account and your unique Investor ID that you need to copy & save.
- Next, you will need to input the amount of PIXBY tokens you would like to stake (minimum required amount for staking is 35,000 PIXBY) and then select the staking time (your tokens will be locked in the smart contract for that period).
- Once you click on ‘Submit’ you will also need to confirm the transaction through the Metamask popup window.
- Please note: MetaMask automatically determines an average gas price for each transaction. If the fee is set very low, it may take a while to complete your transaction. If you’d like to increase the chance of faster transaction time, you will need to increase the gas price when signing the transaction on MetaMask.
- Once your transaction is processed, a confirmation window will appear on https://pixby.io/app and you will begin to earn PIXBY rewards.
- You are now able to claim daily rewards by clicking on ‘Release investment / Claim Reward’. Once the reward period has finished you will need to release your PIXBY from the smart contract by invoking the same function.
You can check the total amount of PIXBY committed to the smart contract via the etherscan.
FAQs
Can I get my PIXBY tokens out at any time?
The tokens will be staked for a period of time that you choose, you won’t be available to withdraw during this period, however, staking rewards can be claimed daily or upon the end of staking time,
Where will the tokens be locked during the staking period?
The tokens will be locked in the PIXBY smart contract without anyone, including PIXBY developers, having any direct or indirect access to them.
How will I get my staking rewards?
After the first 24 hours of staking you can claim rewards from our website by invoking ‘Claim’ function.
How are the PIXBY reward tokens being created?
PIXBY Smart Contract will mint them automatically when you invoke the ‘Claim’ function.
What happens if I forgot my passive income ID?
Our support team will help you to get it back in no time.
Can I make multiple investments from a single wallet?
Yes, you can. You will get a unique Investor ID for each staking you make.
