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.
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