Crypto Factor Staking
'Sealed or Unsealed Vault options to suit your Staking needs'
Last updated
'Sealed or Unsealed Vault options to suit your Staking needs'
Last updated
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 basic rewards, with options for higher returns by sealing your vault (3, 6, or 12 months)
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 allowing DUSD staking for better rewards and 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 through a tiered reward structure. This structure is meticulously designed to cater to various investment levels, ensuring customised rewards that enhance the token's utility and performance.
The service introduces a flexible staking model, allowing token holders to stake their CFR without mandatory lock-in periods to earn basic rewards. For those seeking higher returns, tiered vault sealing options are available for 3, 6, or 12 months, providing an attractive incentive structure that is conscientiously aligned with the token's utility role within the platform.
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.
Future enhancements are aimed at enriching the staking experience further, including the option to stake DUSD along with CFR for enhanced rewards and introducing dual token reward distributions. These advancements are anticipated to bolster the ecosystem, making staking not only more rewarding but also more integral to the platform's utility and performance.
STAKING NOTES:
Only one Vault per Wallet. This means you can use the Staking product for ‘Unsealed staking’ (where $CFR can be deposited and withdrawn at anytime). If you want to ‘Seal’ your vault for higher rewards, Unsealed staking will no longer be available in conjunction
To enjoy different vaults (for example unsealed and sealed: or sealed vaults for different durations) - this can be achieved by using more than one wallet
The primary reason for this demarcation is the staking service is fully decentral and is designed for template deployment which requires it to be streamlined by design and neat in construct - compiling unsealed with sealed at different durations conflicts this approach
STAKING INSTRUCTIONS:
DFI (Gas) and CFR (Stake) on DMC (Network) are required to use the Staking Product
Connect your Wallet on DMC Network
Your DFI and CFR wallet balance is shown at the top of the page
METRICS
Total Value Locked = (CFR Staked)
Vaults created = (ALL Vaults)
YOUR VAULT - DEPOSIT
Toggle Deposit
Deposit from Wallet to Unsealed Vault → Enter amount, hit Deposit
Approve Deposit Transaction → Complete Deposit Transaction
Your Wallet Balance is updated
Your Currently Staked Amount is updated
Percentage buttons available to select Wallet Balance % to Deposit
YOUR VAULT - WITHDRAWAL
Toggle Withdrawal
Withdrawal from Unsealed Vault → Enter amount, hit Withdraw
Complete Withdraw Transaction
Your Wallet Balance is updated
Your Currently Staked Amount is updated
Percentage buttons available to select Currently Staked Amount % to Withdraw
SEAL YOUR VAULT
IMPORTANT: You can Seal your Vault at ANYTIME (before or after CFR deposit).
Seal Before Deposit for 3/6/12 mth SEALED VAULT - This cannot be amended later
Seal After Deposit for 3/6/12 mth SEALED VAULT - This cannot be amended later
Use the three Seal options to select your Seal duration
Base APR shows unsealed returns / Sealed APR shows 3/6/12 mth returns when toggled
Hit Seal you Vault
ALL CFR added after the vault is Sealed - Is aligned with the Seal Duration!
There is no technical UNSEAL override! (Before Sealing a Vault ensure you have understood all implications, to allow you to assess whether this option fits your requirements)
The Vault will Unseal automatically when the block height stated is reached, the human time estimation is based on a block average algorithm and can include +/- deviation
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.
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.
