Staking
Last updated
Last updated
Lock-up Period: Seven (7) days.
APR: Fixed 72%
Total Capacity: Unlimited
Min Deposit: 0 $BvsB
Fees: None (0)
Lock-up Period: One (1) month
APR: Variable and equal to Number of Stakers (min 18% and max 500%)
Total Capacity: Unlimited
Min Deposit: 2,000 BvsB
Fees: None (0)
Rewards are minted when a user claims their rewards. It means claiming rewards increase the token's supply. To counteract the inflation of the supply, BvsB games include implementations for burning mechanisms. An additional 5% of rewards is minted and sent to the Gaming Reserves wallet when a user claim their rewards. This extra amount is not taken from the user's rewards, to make sure users pay zero (0) fees when staking their tokens.
Pool B uses an interesting concept that works like this:
When a new staker deposits BvsB tokens into the pool, the APR is increased by 1% to everyone.
When an old staker withdraws BvsB tokens from the pool, the APR is decreased by 1% for everyone.
The best part is that these changes in the APR affect your pending rewards as well!
There is a minimum and a maximum for the APR for Pool B.
The minimum means that if the number of stakers is lower than 18, the APR is 18% until there are more than 18 stakers.
The same concept applies to the maximum %APR. If there are more than 500 stakers, the APR is 500% until there are less than 500 stakers. Let's get that 500% APR together!