🚜 UBXT Staking

In order to allow the community to contribute to the success of UpBots and to be rewarded for their loyalty, UpBots has launched its staking solutions.

What is staking?

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 50%.

Add liquidity on Uniswap

FAQ

Does it works on BSC ? - No currently, the staking pools are only working on the Ethereum blockchain.

How much does it cost to stake/unstake? - The transaction cost varies according to the price of gas, which we do not control. Pay attention to off-peak hours. This can cut the cost in half.

When will the "perf fees pool" be active? - As soon as the performance fees system is activated, the performance pool will be activated and the rewards will be distributed automatically.

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