Single Staking
Stake $PRATE, Earn $PLS!
Single Staking $PRATE, is a powerful solution that empowers users to stake the $PRATE token and earn $PLS in return. This innovative feature is designed to drive growth while ensuring the long-term sustainability of our protocol.
How it Works:
Protocol Fee Redistribution: Each week, 20% of the vault's balance will be injected into the Single Staking contract. This creates a steady stream of rewards for $PRATE stakers.
Proportional Earnings: To earn $PLS, holders must lock their $PRATE inside the contract. The more $PRATE staked and the longer its locked, the more "Heart beats" received. (See Chart Below)
Earning Rewards: Each $PRATE staked gets 1:1 "Heart beats" if locked for one week. 1:2 for two weeks, and up to 1:4 for four weeks. The more "Heart beats" one owns the higher the share of the $PLS rewards they receive.
Multiple Stakes: The contract allows users to create multiple stakes with different lock durations. This flexibility empowers users to optimize their earnings strategy.
| Staked $PRATE | Length of Stake | Heart Beats Received |
|---|---|---|
1 $PRATE | 1 Week | 1 Heart Beat |
1 $PRATE | 2 Weeks | 2 Heart Beats |
1 $PRATE | 3 Weeks | 3 Heart Beats |
1 $PRATE | 4 Weeks (MAX) | 4 Heart Beats |
We believe in fostering an inclusive ecosystem that rewards participation. Single Staking $PRATE enables every holder to actively contribute to the protocol's success and share in its growth!
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