Staking
Last updated
Last updated
Those that stake in our pools earn FTMO at a high rate of interest. In each pool, a user will earn FTMO at a rate given by:
Where is the rate at time ,(t) is the amount of the user's stake (number of tokens), is the total number of tokens staked in pool , and is the total number of FTMO to be awarded in that pool over a specific time .
The farming yield acts as an additional incentive to adopters of our platform while we build momentum and reputation from quality project launches.
Participants are granted benefits when buying tokens in our IDOs based upon their "Staking Score". That score is calculated as:
where is the user's staking score at time , is the scalar multiplier of a certain pool , is the total amount of FTMO awarded to the user by time in that pool, is the total number of FTMO "burned" by a user (returned to treasury for future staking pools), and is the current percentage of the user's stake in pool at that time. This accounts for not only previous staking loyalty but also the current amount staked by the user, to ensure fairness.
Individual bonuses will be given on upcoming launches based on a user's relative staking score rank. All unsold tokens from a project IDO will be returned to their respective teams.
To avoid large imbalances, and to ensure that even smaller investors get fair utility from our platform, limits will be set for each IDO. These limits which will change with time as more tokens enter the circulating supply.