How do they work? What staking pools are available?
In recent years, staking has been one of the preferred token distribution methods from founding teams to the community of token holders. Our goal is to distribute $FEVR to those who show commitment to the project as we believe that long-term holders will be the main driver of the growth of our ecosystem.
Essentially, staking works as follows:
Participants buy or receive tokens. Participants commit those tokens to the validation process or staking contract, therefore staking their tokens. If participants respect the consensus or contract rules, they are rewarded with inflation; contrarily, if depositors miss following the rules, their stake is slashed by the protocol or penalized by the contract.
We offer 3 different types of staking pools:
Fixed Pools: where you cannot withdraw your tokens until the end of the staking period)
Flexible Pools: where you may choose to pay penalty fees to leave the pool before the end of the staking period)
LP Pools: where users can stake their tokens to provide liquidity for traders to swap between currencies
LP Pools have a staking duration of 1 year (365 days). If you decide to withdraw your tokens before the 12 months are over, withdrawal fees will be applied.
With these pools, instead of having the generally expressed APR (Annual Percentage Rate), you are presented with the Real APR. This is because the period of each pool (BSC and ETH) lasts for 1 year, which gives you exactly the annual percentage rate (APR).
You deposit in the BSC LP pool the following tokens: 1 000 000 $FEVR tokens and also its equivalent in BNB (5 BNB, for example).
The real APR in this pool is 56%, which means that after 1 year, you will receive 56% of (1M $FEVR + 5BNB) in $FEVR tokens. Considering that, on the example above, you have deposited an equivalent of 2M $FEVR tokens in total, your staking rewards after 1 year in this LP Pool would be: 2 000 000 * 0.56 = 1 120 000 $FEVR tokens
The same reasoning applies to the LP Pool in the Ethereum chain.
If you don’t understand how LP Pools work, make sure you do your own research before staking your tokens in a system you are not familiar with, as they carry the risk of impermanent loss and hold a higher degree of complexity.
$FEVR staking in other Networks:
In addition to the BNB Chain pools, you may also stake $FEVR in Ethereum, Polygon and Avalanche.
Explore the various staking pools and pick the one that fits you the best!
Careful not to stake $FEVR outside our website: https://staking.realfevr.com (this is the only official one). If you lose your funds in scam staking pools, we cannot help you or refund you.