Staking Pools
This section will run through the MBXN staking and farming options and how to take part should you wish to do so.
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This section will run through the MBXN staking and farming options and how to take part should you wish to do so.
Last updated
Was this helpful?
Staking will allow users to deposit MBXN tokens, or LP-Pancake tokens directly on the interface in order to receive a reward. Everything happens in the blockchain, via Smart-Contracts.
These rewards are distributed to each block on BSC and distributed among all participants. The APY is variable and will depend on the total amount of MBXN staked on the pools. The same reward is given at every blocks, and spread between all the stakers.
New with Pool 3.0 (current staking pools) You have now the possibility to lock your tokens for a fixed period. By doing so, you increase your APY up to x3.88 for a period of 24 months. In addition, you can stake and add tokens without resetting the lock period. A new APY will be calculated based on the remaining duration of the lock period.The Staking pools can be found in the dedicated page by going on the menu and clicking on "STAKING"
Staking will allow users to deposit MBXN tokens or LP-Cake tokens directly on the interface in order to receive a reward. Everything happens in the blockchain, via Smart-Contracts.
These rewards are distributed to each block on BSC and distributed among all participants. At each block, the same fixed reward will be distributed, regardless of the total stored in the Smart Contract.
Stake MBXN and receive MBXN APY : variable, locking period up to 24months for x3,88 increase of shares
Fees : deposit 0%, Withdrawal 0,3%
Stake LP token from PancakeSwap and receive MBXN APY : variable, no locking. Fees : deposit 0%, Withdrawal 0,3%
Here are some more details regarding the new locked MBXN staking pool, answering the communityβs questions regarding how it works. THIS DOESN'T APPLY FOR PANCAKESWAP Staking Pools.
The new locked pool is similar to a classic staking pool, but it introduces a new locking mechanism, which can increase your pool "share". The longer you lock your tokens, the higher the reward and the APY. But you won't be able to withdraw your capital before the end of the locking period!
That represent your deposit on the staking pool. If you never deposited MBXN in the pool, it will show 0.
That's the locking period. You will see there when your capital will be unlocked and and may be withdrawn. It is not possible to withdraw the deposit before the end of the locking period.
The multiplier is linked to the duration of the locking period and will multiply your reward. The higher the duration, the higher the multiplier.
This represent the MBXN you already earned. You can withdraw them whenever you want.
To stake more tokens.
This will allow you to extend the duration of the locking period and increase your multiplier.
To withdraw your MBXN staked when it's unlocked.