Staking
Last updated
Last updated
The staking mechanism lets you earn rewards by locking your tokens to support the DogZilla ecosystem.
Entry Level -> The minimum amount to stake is 500K DOGZ. This requirement doesn't apply to Loyal Holders who joined the program on early stages.
Compound -> Compound interest is not automatic. In order to achieve it, you need to claim and stake your rewards.
After staking 500K DOGZ, you become a Loyal Holder and gain the privilege to compound your rewards.
Withdraw -> You can only withdraw the total amount of your staked tokens. Withdrawals include the unclaimed rewards.
Release Period -> After withdrawing yours tokens there is 5-day release period. During this period the staked amount keeps generating rewards.
Pool Size -> 50 million DOGZ tokens allocated for 4 years to reward the participants.
Reward Distribution -> Rewards are distributed proportionally to the amount of tokens you lock.
Claim -> You can claim your rewards at any time.
The APY (Annual Percentage Yield) is variable and will fluctuate based on the following equation.
