Earn eLFT
When staking LFT, the earning potential of eLFT tokens can be described as follows:
- 1.Up to 300% of your staking value: Users have the opportunity to earn up to 300% of the value of their staked LFT tokens. This means that the rewards received in eLFT tokens can potentially be three times the initial staking value.
- 2.Linear release of 1.1% daily: The eLFT tokens are released to stakers in a linear manner, with a daily release rate of 1.1%. This means that stakers will gradually receive their eLFT rewards over time, ensuring a steady and consistent distribution.
- 3.Release of eLFT according to the average token price on the next day (gold standard): The release of eLFT tokens is determined based on the average token price on the next day. This approach ensures fairness and aligns the release of rewards with the market value of the tokens, following a "gold standard" principle.
These mechanisms offer stakers the potential to earn significant rewards in eLFT tokens, providing both a steady daily release and the possibility of earning up to 300% of their staking value. The exact earnings will depend on factors such as the staking duration and the market conditions during the staking period.
All daily-earned eLFT tokens from staking will be automatically re-staked for additional rewards.
Last modified 3mo ago