STAKING

Staking is an important activity that a community performs to support an organization or a project. In return, a project rewards its stakers in various ways. This activity brings support and stability in a project.

Lunastarter has implemented this significant activity in its platform in which people can stake Lunastarter token $LST and get rewards and benefits. We will elaborately discuss it in this article.

Pool Types

Lunastarter has two types of staking pools. They are known as Locked and Unlocked pools.

Locked: It has an APY of 40%. Tokens will be locked for a certain duration based on their selection. This will have a better pool score as compared to unlocked pools.

Unlocked: It has an APY of 25%.Tokens can be un-staked anytime. However, if you un-stake before the end of the duration, you won’t get any rewards that you earned and there will be a 10% deduction on your initial amount.

Staking durations

There will be 3 durations: 45 days, 90 days and 180 days.

Benefits of staking $LST tokens

Rewards: All stakers will be rewarded with extra tokens based on the amount of tokens and duration. Those staking in locked pools will be rewarded more as compared to those staking in unlocked pools.

Allocation: This is the most significant benefit of staking. Stakers will be provided allocation in a sale proportional to the amount of $LST staked by them.

Governance: Stakers will also have special voting power known as KRAZ which will allow them to accept or reject a project according to COSEM.

Minimum staking amount: 10,000 $LST

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