📥Staking
Staking Fundamentals.
Is Multi-Stake Feature , By staking your LUCAX or liquidity, you can receive high returns in addition to a "certificate" or "receipt" that is the form of liquid version of lucax staked, called VpLucax Token, that allows users to earn additional passive income on DeFi.
Every deposit you make creates an Individual stake Vault. Each of these stakes start to Earn up to 0.5% daily and an APR equivalent to 180% and is locked up for 120 days, ensuring a consistent yield during this period. After the 120-day period, your stake continues to generate yield.
Yield Accumulation
Every stake generates yield on a daily basis, which can be withdrawn every 7 days. However, it's important to note that yield accumulation is capped at 30 days. If you do not claim profits within 30 days, your stake will stop accumulating daily yield. Regularly claiming your profits ensures your stake continues to generate maximum yield.
Boosting Yield Dynamic
While more tokens are deposited in the Vault Prodcuer, the Boosting Yield Dynamic is increased, so the daily percentage increases of all current stakers in that Vault Producers, but to avoid creating individual whales and then breaking the protocol, the condition requires a minimum Stakers to join Vault Producer.
Staking Halt.
In response to market conditions, we have implemented a staking halt feature. This allows us to temporarily pause deposits or withdrawals, prioritizing the safety and security of all who have staked their digital assets.
Protocol Fees.
A 10% fee is applied on deposits. This fee is used to support the ongoing development, marketing, and operation of the protocol, ensuring its long-term scalability and growth. It's important to note that we do not charge any other fees.
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