What is Stake

The Broearn community takes 50% of the public benefits of the community to give back to the community. Users participate in the dividends of the community's public benefits by staking.

Broearn Staking currently offers two services for incentivizing its community members: Private Traffic (This refers to the conversion of private domain traffic into revenue here and below) and Stake (This refers to bonus received through staking here and below).

50% of the community's shared revenue will be used to the community incentive account for the purpose of incentivizing all community users. Currently, the main user incentive is staking rewards, but in the future, the community will expand its user incentive methods through community voting and the development of the Broearn ecosystem.

Introduction to Stake

Stake is a community incentive service provided by Broearn Staking to users.

The Broearn community takes 50% of the public benefits of the community to give back to the community. Users participate in the dividends of the community's public benefits by staking. In the future, users who participate in the Stake will also participate in community voting and community building.

Stake rules

Stake

1. There is no limit to the Stake amount, but if the Staked amount is less than $1 at the time of settlement, the dividend will not be distributed.

2. The same address can Stake in multiple transactions.

3. The staking period can vary in length. If the actual staking period exceeds the selected staking period, the staking reward bonus will still be calculated based on the selected staking period and will not automatically be settled based on the actual staking period.

Settlement

Settlement occurs once daily on a T+1 cycle, with rewards distribution also occurring on a T+1 cycle.

This means that if staking begins today, it will take effect the following day and rewards will be settled on the third day, based on the shared revenue generated on the second day.

// n = Staked amount
// m = Total staked amount of all community members
// Total revenue = Total shared revenue of the community

Stake Rewards = n / m * Total Revenue * 50%

The Stake value is settled based on the real-time USD value obtained at the time of settlement.

The daily smart contract settlement takes place at 0:00 Greenwich Mean Time (UTC+0).

Unlock

1. To unlock staked tokens, it is necessary to wait until the staking period has ended. Specifically, unlocking can be initiated 2 hours after the last day of the staking period, at 2:00 UTC+0. After unlocking, staked tokens will no longer be eligible for rewards distribution.

2. Only the staking address can initiate the unlocking process.

3. The unlocking process will unlock the full staked amount in a single transaction according to the staking order.

Withdraw

1. Withdrawal funds can only be sent to the staking address.

2. Once the staking order is unlocked, a withdrawal request will be automatically initiated and the funds will be transferred to the withdrawal address.

3. There is currently no limit on the number of withdrawals or the amount that can be withdrawn, but the withdrawal amount cannot be lower than the gas fee.