Pre-Staking Program

Earn 36.4% APR on STAKE by participating in StakeVault

Pre-Staking on BitMax

BitMax 3 month pre-staking will provide at estimated 36.4% return on STAKE though the StakeVault program.

StakeVault is a brand-new initiative offered by BitMax. It allows projects to refine staking designs and algorithms while public token holders participate in simulated staking. Participants earn real rewards and projects fine-tune their infrastructure through an incentivized platform.

STAKE is the first token to launch on StakeVault!

How it Works

Participants lock tokens in a simulated staking environment on BitMax. Rewards are distributed daily at 36.4% APR. The program continues for 3 months, providing participants with the opportunity to earn STAKE rewards as the protocol prepares for public validation and staking. With pre-staking, every 1000 STAKE placed in StakeVault equals 1 STAKE/day in rewards.

When open public staking starts, users may continue to use StakeVault or may choose to use the xDai user interface for staking and delegated staking. Rewards for public staking on xDai are described here.

STAKE Pre-staking parameters

Category

Token: STAKE

Est Return

36.4% APR/ 0.7% weekly

Minimum Delegation Amount

10 STAKE

Maximum Delegation Amount

None

Reward Distribution Starting Time

T + 2 Day

Reward Distribution Cycle

Every Day

Regular Unbonding Period

7 Days

Instant Unbonding

Supported

Instant Unbonding Fee

0.7%

Staked Assets as Margin Collateral

Not Available Now

Compound Mode

Supported