The Staking feature is made up of the 0xVault and the 0xMine pools, it allows users to stake their 0xPAD tokens and also allow them to farm 0xPAD token by adding liquidity on Pancakeswap then staking the LP tokens. The staking feature is also the mechanism for the membership tier system.
0xVault Pool: Token Staking Feature
The 0xVault pool is made up of 4 staking pools, each with a different lockup time and APR. The longer the lockup time, the higher the IDO/Incubation allocations, the voting right and the APR.
The 4 different 0xVault pools are as follows:
BRONZE Pool has a lockup duration of 3 days and an APR of 5%. The APR is equivalent to 5.1% APY, with staker compounding ones in 24hrs.
SILVER Pool has a lockup duration of 30 days and an APR of 10%. The 10% APR is equivalent to 10.52% APY, with staker compounding ones a day.
GOLD Poolhas a lockup duration of 180 days and an APR of 20%. The 20% APR is equivalent to 22.1% APY, with staker compounding ones a day.
PLATINUM Pool has a lockup duration of 365 days and an APR of 40%. The 40% APR is equivalent to 49.15% APY, with staker compounding ones a day.
Early Unstaking Penalties
The staking smart contract was upgraded to enable users (members) the ability to unstake early. Unstaking early refers to when a staker decides to unstake his/her tokens before the lockup period for the pool expires.
It should be noted that if a user unstakes early, there is a penalty that comes with that. The early unstake penalty is a percentage tax that is deducted from the amount the user unstakes early. This amount is burned immediately.
The unstake penalty is modelled to decrease linearly as the number of days a user has been staking for approaches the lockup time expiration. The following are the max early unstake penalty for each of the staking pools
Other Functionalities of the 0xVault pool are as follows:
It is important to note that if you are staking in more than one pool, your membership corresponds to the highest pool you are staking in by default.
If you are already staking in a pool, you can always stake additional tokens. Note that staking additional tokens to the same pool will restart the lockup duration.
Yields accumulated can be compounded manually, anytime by using the restake button; this action does not reset the lockup duration.
Yields can be withdrawn anytime by using the withdraw button; this does not reset the lockup duration.
After lockup duration expires, stakers can continue to stake and keep earning the APR of the respective pools.
After lockup duration expires, tokens can be unstaked partially or in whole. If user unstakes part, the lockup resets for the remainder.
0xMine Pool: Liquidity Mining Feature
0xMine gives liquidity providers great yields in 0xPAD. The current APR for liquidity mining is at least 100%. This feature allows users to mine 0xPAD Token on Binance Smart Chain.
For mining to be done, 0xPAD liquidity pairs needs to be added on Pancakeswap
Pairs supported are 0xPAD — BNB and 0xPAD — BUSD.
After liquidity has been added, the user then needs to stake the LP tokens obtained in 0xMine.
Functionality of 0xMine are as follows:
There is no lockup time for liquidity mining.
Miners can add more liquidity or remove liquidity at any time.
Yields can be withdrawn at any time.
Yields withdrawn within the first 72hrs attracts a 25% tax. After 72hrs, the tax on the yield drops to 0%.