💰Staking
Last updated
Last updated
So, the next way to earn more AVACOIN tokens is through staking! How does it work?
For the first phase, 1 500 000 000 tokens are allocated for distribution. For the second phase, 750 000 000 tokens are allocated for distribution. For the third phase, 350 000 000 tokens are allocated for distribution. For the fourth phase, 200 000 000 tokens are allocated for distribution. For the fifth phase, 100 000 000 tokens are allocated for distribution. For the sixth phase, 100 000 000 tokens are allocated for distribution.
| PHASES | Amount AVACN for period | Daily Staking Distribution |
|---|---|---|
PHASE 1 | 1 500 000 000 | 8 333 333 |
PHASE 2 | 750 000 000 | 4 166 667 |
PHASE 3 | 350 000 000 | 1 944 444 |
PHASE 4 | 200 000 000 | 1 111 111 |
PHASE 5 | 100 000 000 | 555 556 |
PHASE 6 | 100 000 000 | 555 556 |
NOW Daily (until the end of the first phase), 8 333 333 AVACN tokens will be allocated for distribution among staking participants.
The percentage of income will depend on the number of tokens staked by the end of each day in UTC time.
— You stake your AVACOIN tokens, and throughout the day, a common pool of staked tokens is formed. — The profit percentage is determined based on the total amount in the pool at the end of the day. — Daily at 00:00 (UTC), the income rate percentage changes depending on the total tokens staked by participants during the day. — Participants receive their staking rewards daily at 00:00 (UTC) for the previous day, which must be claimed by pressing the Claim button before the end of the day. — Remember to log in to the game and claim your earned AVACOIN by pressing the Claim button before the end of the day; otherwise, your claiming will be paused and will only resume once you claim the earned AVACOIN.
To participate in staking, simply go to the staking tab on the main panel, enter the amount you want to stake, and click "Stake AvaCoin."
After that, remember to log in every day and claim your daily percentage from staking by clicking the "Claim" button on the main screen of the app.
At any time, you can withdraw your tokens from staking by clicking "Remove AvaCoin from staking."
