DeXe Staking rewards
In all probability, a considerable lot of you have participated in staking and made a benefit or at least heard about it from others. DeXe considers market trends and accordingly we welcome you to familiarize yourself with our staking program, namely Staking rewards.
Staking rewards will be rewards for keeping the DeXe tokens during the sale time frame. You don’t even have to lock them, as standard staking requires, simply keep the tokens on your balance and get rewards for it.
In DeXe are represented staking rewards of 2 sorts, (base Staking rewards) and double (x2 Staking rewards).
Base Staking rewards are basic remuneration for users and token holders during the token sale.
For members of the first round, the base remuneration is 5%, and for participants of rounds from 2nd to 22nd is 2%. If the round isn’t filled totally, for example, by just 25%, the reward will be expanded to 16.3% for the first round, and 6.5% for the rounds from 2nd to 22nd. What is more the token holder will receive a discount for the next round. The measure of the discount will depend on the round results. The rest of the tokens that won’t be redeemed in a round will be burned.
x2 Staking rewards
Purchase DeXe tokens for more than 1% of the total amount of purchased tokens in previous rounds and double your base rewards, in any of the ensuing sale rounds. In this case, the members of the first round get 10% rather than 5% (base marking rewards), and 4% instead of 2% (base marking rewards) for the rounds from 2nd to 22nd.
The quantity of tokens is fixed at the end of each round.
Likewise, the mechanism of the base staking rewards program, if the round isn’t 100% completed, the volume of x2 Staking rewards changes.
The less tokens are sold during the round, the more Staking rewards the token holder will get.
As were mentioned in the past article, staking rewards tokens will be locked for the entire period of the token sale. On the other hand, since our platform is focused around carrying benefits to our users, it will be possible to unlock part of the staking rewards tokens with a commission (Bridge fee), in the case of a significant increase in the token price.
Unlocking stages:
If token price goes x7 from the average DEX price for 2–10 rounds — participants will be able to unlock 10% of their Staking rewards with a 14 % fee.
If token price goes x10 from the average DEX price for 2–10 rounds — participants will be able to unlock 15% of their Staking rewards with a 20 % fee.
If token price goes x15 from the average DEX price for 2–10 rounds — participants will be able to unlock 20% of their Staking rewards with a 30 % fee.
If token price goes x20 from the average DEX price for 2–10 rounds — participants will be able to unlock 30% of their Staking rewards with a 40 % fee.
Bridge fee will be completely burned.
If the price reaches each of the milestones (x7, x10, x15, x20), each participant will be able to unlock the part of his tokens four times, according to the terms of the program. If there will be a sudden jump in the price of the token to x20, then all 4 unlock options will be available for the participants.
So, each user chooses a staking model that suits for himself and, in accordance with this, receives either base Staking rewards or x2 Staking rewards.
Don’t hesitate to ask any questions regarding Staking rewards in our Telegram group.
Stay tuned for updates:
Website: https://dexe.network
Official telegram channel: https://t.me/Dexe_network
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Twitter: https://twitter.com/DexeNetwork
