🔵Crypto Factor Staking
CFR Staking QUICK START
Staking your CFR by depositing it into a vault enables you to earn rewards.
Here's how it works:
Deposit and Withdraw Anytime: Flexibility to add or withdraw your CFR at any moment.
By engaging in Staking you capitalise on the opportunity to increase your CFR holdings through reward incentives.
Crypto Factor supports a $CFR staking service for CFR token holders, featuring:
Flexible Staking Model: Users can stake CFR tokens without mandatory lock-in periods for rewards.
Tiered Reward Structure: Designed to provide customised rewards based on different investment levels, enhancing token utility and performance
Optimised Reward Algorithm: Encourages staking and platform engagement, promising attractive and sustainable rewards
Future Enhancements: Plans include introducing dual token reward distributions to further enhance the staking experience and ecosystem utility
Crypto Factor revolutionises staking for CFR token holders by launching a cutting-edge, multi-level Staking service. This innovative offering empowers users to stake their CFR tokens in exchange for appealing rewards. This structure is meticulously designed to cater to various investment levels, ensuring customised rewards that enhance the token's utility and performance.
Our reward algorithm is optimised to encourage staking by recognising the importance of token liquidity for fulfilling platform engagement and feature access. This model is finely tuned to ensure that increased platform activity and token use result in higher average staking rewards, maintaining attractive and sustainable rewards over time.
STAKING NOTES:
Fully decentralised vaults, only one Vault per Wallet
You will be prompted to create a vault on first time use
No limits on staking volume, rewards accessible at any time
APR is estimated on a summed epoch average
STAKING INSTRUCTIONS:
POL, DFI (Gas) and CFR (Stake) on Polygon, DMC (Network) are required to use the Staking feature
Connect your Wallet to the Polygon, DMC Network
Use the blue arrow to toggle between deposit and withdrawal
Native wallet balance is shown at the top of the page
CFR vault balance is shown in the input fields
YOUR VAULT - DEPOSIT
Toggle Deposit
Deposit from Wallet to Vault → Enter amount, hit Deposit
Approve Deposit Transaction → Complete Deposit Transaction
Your Wallet Balance is updated
Your Currently Staked Amount is updated
YOUR VAULT - WITHDRAWAL
Toggle Withdrawal
Withdrawal from Vault → Enter amount, hit Withdraw
Complete Withdraw Transaction
Your Wallet Balance is updated
Your Currently Staked Amount is updated
YOUR REWARDS
The Expected APR, Currently Staked Amount, Claimable rewards, are displayed
Hit Claim Reward to Claim ALL Claimable rewards
Reward Claims are subject to a 0.5% claim fee for Liquidity Provision
Claimed Rewards can re-deposited in the staking service
NOTE: Expected APR is calculated using a weekly moving average to buffer any spikes created from Deposit/Withdrawal & platform reward volumes. This method generates a consistent average APR (it is an average - any return rate has a standard deviation).
NOTE: 20% of the CFR allocation is assigned to this staking protocol. This provides a highly sustainable return. The tokenomics of the CFR token and the utility released by the Crypto Factor Platform & Ecosystem create revenue streams which flow into the staking service.
For Crypto Factor Clients: Staking as a Service
Our staking service is set to be a key offering, integrated within the standard template for easy deployment by our clients. Designed with versatility in mind, it aims to meet a broad range of use cases.
A critical aspect to consider during the setup of your staking feature is the creation of additional utility to enhance the rewards for your stakers.
We expect that the APR of staking functionalities powered by Crypto Factor will serve as reliable indicators of a project's development trajectory and the success of its future utility concepts.
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