Staking Essentials
The Path to Launchpad Qualification
Last updated
The Path to Launchpad Qualification
Last updated
Stacknova’s staking system is foundational for qualifying as a launchpad member. It operates on a simple point-based mechanism where the amount staked and stake duration are key. Below is an in-depth look at how staking integrates with our platform’s tier categories and ecosystem benefits.
The Mechanics of Earning Points
SNOVA to Points: 1 SNOVA equals 1 Staking Point.
Multiplier Effect: Different staking durations offer varied multipliers, enhancing the total points earned:
45 days (1.6% APY) = 1x multiplier
90 days (4.8% APY) = 1.3x multiplier
180 days (8% APY) = 1.5x multiplier
365 days (12.8% APY) = 2x multiplier
Stakers must accumulate points through SNOVA tokens to attain one of six tiers, each offering distinct benefits.
Governance Privileges: Points also enable participation in governance decisions through DAO voting.
Reward Distribution: Rewards are distributed in SNOVA tokens, proportional to the staking duration.
Minimum Requirements and Lock-Time
Minimum Staking Requirement: 100 SNOVA.
Staking Durations: Choose between 45, 90, 180, or 365 days.
Token Locking: Tokens staked during the chosen period are fully locked and cannot be unstaked early.
Unlocking and Restaking
What Happens After the Staking Period?
At the end of the staking period, tokens are unlocked.
Users can freely manage their tokens—unstaking them or restaking for continued benefits.
Restaking: Essential to maintain tier status, governance privileges, and access to benefits like IDO pools and airdrops.
Loyalty Incentives:
Users who restake without unstaking may qualify for bonus multipliers or additional rewards.
Presale Staking
Designed to reward early participants with high APYs, up to 111.5%, based on staking duration.
These high rewards are temporary and last only during the presale campaign.
After the presale ends, all unclaimed rewards and staked tokens remain accessible via the Investor Dashboard.
Post-Launch Staking
Post-launch staking emphasizes ecosystem benefits over high APYs:
Governance Participation: Influence platform direction through DAO voting.
Tier Advancement: Access higher tiers for increased allocation in launchpad projects.
AI Tools: Enhanced access to AI-driven insights and analysis tools.
IDO Pools & Airdrops: Eligibility for exclusive early investment opportunities and rewards.
Flexibility After Staking Period:
Tokens are locked only during the chosen staking period. Once unlocked, users can unstake or restake to retain tier benefits.
Staking in Stacknova is more than just earning rewards—it’s about shaping the future of Bitcoin DeFi. By participating in governance, unlocking exclusive benefits, and engaging with a community-driven ecosystem, stakers play a pivotal role in building a decentralized, innovative future.
As we transition from presale to live platform operations, our staking system will continue evolving, focusing on delivering long-term value and fostering collaboration. Join us in revolutionizing decentralized finance on Bitcoin.
