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Stake and lock-in your $POTATO to earn more rewards in $POTATO
Last updated
Stake and lock-in your $POTATO to earn more rewards in $POTATO
Last updated
Initially after the Mega Release on December 15, 2022, this is where holders can swap their $POTATO V1 to $POTATO V2 for a 1-month window (ending in January 19, 2023). Swapping will be in a 2:1 ratio - 2 V1 will be swapped to 1 V2.
Token Lock Options: 30 days, 60 days, 90 days, 120 days
Total Reward Pool per year (distributed among lock durations): 2,500,000 $POTATO
Total reward pool per year is subject to change on the next years which will be dependent on the current total circulating supply.
30 days: 150,000 $POTATO
60 days: 400,000 $POTATO
90 days: 650,000 $POTATO
120 days: 1,300,000 $POTATO
The higher the reward pool, the higher the APR if the number of staked/locked in that pool is lower. Sample computation 1:
Only 500,000 $POTATO are staked for the 120-day lock. APR will be at 260% If you stake 50,000 $POTATO, you will earn 356.16 $POTATO per day Sample computation 2:
Only 500,000 $POTATO are staked for the 60-day lock. APR will be at 80% If you stake 50,000 $POTATO, you will earn 109.59 $POTATO per day *APR changes every time the total number of staked $POTATO changes. You might get different rewards per day.
