💰Staking Rewards

Staking Rewards Strategy

Revenue Allocation: 50% of the revenue from ads & subscriptions is directed towards staking rewards. Additionally, a built-in 1% transaction tax is allocated to staking rewards. This supports the stability of the token and fosters potential growth over time.
Staking Mechanism: Token holders can lock their tokens in the staking system to earn rewards. This incentivizes long-term holding, reducing the circulating supply and helping to stabilize the token’s price.
Long-term Value: By allocating revenue transparently and rewarding loyal holders, this strategy aims to build trust and provide lasting value to the community, ensuring that the project's success benefits all stakeholders.

Staking & Rewards: Users can stake SECT tokens and earn rewards in SECT. Reward distribution is based on the proportion of tokens staked relative to the total staked amount.
Staking Packages: There are three pre-defined staking packages:
- 30 days
- 60 days (double reward shares)
- 120 days (quadruple reward shares) Additional packages can be added manually if needed.
Withdrawal & Claiming:
- Users cannot withdraw staked tokens before the staking period ends.
- Rewards can be claimed anytime if the user has earned at least 1 SECT token.
Rewards Calculation:
- Rewards are calculated per block.
- Contract owners set the total reward pool and distribution period using the addRewards/updateRewards functions.
- Users receive rewards based on their staked amount relative to the total staked at any given time.
Extra Rewards: The contract allows extra rewards to be deposited with a function, triggered by swapback events.

Last updated 1 month ago