๐ŸšœStaking & Farming

This section will run through the UBXT staking and farming options and how to take part should you wish to do so.

We now have UBXT staking pools and LP Staking pools available on Ethereum and Binance smart chain to learn how just follow the link below.

How does Staking work?

Staking will allow users to deposit UBXT tokens, or LP-UNI 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 ETH and distributed among all participants. At each block, the same fixed reward will be distributed, regardless of the total stored in the Smart Contract.

  • UBXT staking pool - The farming reward (a) is fixed at 4.2 UBXT per block, for a total of 5M UBXT over 6 months. The "Perf fees pool" will constitute the second reward (b), distributed per epoch of 12h, and sent to stakers. Up to 18% of the performance fees are collected by UpBots (more info in "algo rental > performance fees").

  • UBXT-ETH LP - The reward (a) is fixed at 2.1 UBXT per block, for a total of 2.5M UBXT over 6 months.

Pool 1 - UBXT Staking (ERC20)

Summary

Stake UBXT and receive UBXT (1) from the farming reward - 10M UBXT annualized - each block. (2) from the performance fees pool - nbr UBXT variable - each Epoch of 12h.

Fees : deposit 0%, Withdrawal 0,3%

Return

For the farming reward (1), at each block, the reward is distributed among the stakers, based on their % staked. The return depends on the number of UBXT staked by the users as well as on the performance of the bots (2) and added in the "Perf Fees Pool." The number of tokens distributed per block on the basis of reward farming (1) is fixed.

The calculation will be as follows: APR = (Av 7day perf fees pool annualized + total annual farming reward) / (total staked) As the total annualized reward is 10,000,000 UBXT for the "UBXT staking" pool, considering that the perf fees pool is not yet opened, if the sum of the staked amount is 20,000,000 UBXT, this will represent an APR of 50%.

Pool 2 - UBXT-ETH UNI-LP (ERC20)

Summary

Stake UBXT-ETH LP token from Uniswap and receive UBXT (a) from the farming reward - 5M UBXT annualized - each block. Fees : deposit 0%, Withdrawal 0,3%

Return

For the farming reward (a), at each block, the reward is distributed among the stakers, based on their % staked. The return depends on the number of UBXT staked by the users. The number of tokens distributed per block on the basis of reward farming (a) is fixed.

The calculation will be as follows: APR = (total annual farming reward) / (total staked) As the total annualized reward is 5,000,000 UBXT for the "UBXT-ETH LP" pool, if the sum of the staked amount is 20,000,000 UBXT, this will represent an APR of 25%.

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FAQ

Do you have a tutorial for staking?

Can I stake on Binance Smart Chain? Yes! For BSC we currently have UBXT staking and also UBXT/BUSD LP staking for those who are providing liquidity on PancakeSwap.