Space Staking’s Policy

Jill Space
forbitspace
Published in
2 min readMay 13, 2022

Space Staking provides a variety of staking with diverse timescales to meet the demands of each user; in particular, we offer the following five staking timings:

Staking Periods

Condition to participate

The maximum number of FBS that can stake is 300,000 FBS, and the minimum is 100 FBS.

Note: If you press the “Maximum” button, forbitswap will automatically get the maximum number of FBS at the maximum level, or the maximum number of FBS in your wallet if it contains fewer than 300.000 FBS.

Withdraw fee

Please remember that after you have staked on forbitswap, you need to pay 0.15% of the total FBS received for each “Claim” or “Withdraw”.

Withdraw the Capital & Claim the Rewards

The capital can be withdrawn anytime. FBS rewards can be claimed after 30 days following staking. The user will have to unstake the rewards that have been accrued within 20 days to harvest all FBS before the end of timing. The total staking amount and accrued rewards are granted to the user after unstaking (including the corresponding % interest of accrued-20-day rewards).

Accrual of Rewards

The staking interest is distributed every 10 days since the funds are deposited into the contract to the end of the corresponding period. Besides that, you will receive the first staking interest after 30 days from the stake date.

You can refer to the following example for more details

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