Phase One Staking Dynamics

Show me the money! - Jerry Maguire

Our initial phase of APYs staked with AFX tokens.

Our staking allows investors to stake AFX at a fixed value of $0.005.
Staking APR will always assume AFX's value's is always kept at $0.005.
Staking rewards are updated 24 hours.
You may start staking with a minimum of 100,000 AFX tokens.
15-Days lock period: 12% APR
30-Days lock period: 22% APR
60-Days lock period: 38% APR
90-Days lock period: 60% APR
All stake rewards are paid in $USDC.
For our example, we would be using 1,000,000 AFX tokens.
Eg. 15-days lock with 1,000,000 AFX valued at US$5,000
Staked rewards per day for 15 days = 12%/365 = 0.033% per day ($1.65/day)
Eg. 90-Days lock with 1,000,000 AFX valued at US$5,000
Staked rewards per day for 90 days = 60%/365 = 0.164% per day ($8.20/day)
The first phase would have a total of 125,000,000 AFX tokens worth available for staking.

As our protocol grows, we will be implementing more phases for staking. APRs may vary for the other phases.

We are in the midst of building the dApp within our website. More information will be on it. If you're in doubt, do join our discord to talk to us.