Staking TEN
How to Stake TEN
The core functionality of the Tokenomy platform revolves around staking TEN tokens. By staking TEN tokens, you unlock access to a variety of Tokenomy products. You can obtain TEN on the Base network through platforms like Indodax or Base DEXs. Then, navigate to the staking menu and deposit your TEN to initiate the staking process.
Staked TEN provides flexibility, allowing you to withdraw your tokens at any time. However, it's important to observe a 30-day unbounding period following a withdrawal.
Staking TEN Benefits
Launchpad
In the Launchpad, a Tiering system for TEN is in place to categorize user access, as illustrated in the table below.
| Category | Shrimp | Fish | Dolphin | Shark | Whale |
|---|---|---|---|---|---|
Staked TEN | 5K TEN | 10K TEN | 30K TEN | 50K TEN | 100K TEN |
Min Alloc | 50 USDC | 50 USDC | 50 USDC | 50 USDC | 100 USDC |
Max Alloc | 50 USDC | 100 USDC | 300 USDC | 500 USDC | 1000 USDC |
Method | FCFS | FCFS | FCFS | FCFS | FCFS Early access Whale pools |
Only TEN (Base) tokens can be counted in this TEN tiering system.
FCFS stands for "first come first serve."
Early access means at least 1 day before public access.
The Whale pool is max 25% of the total raise. If it is not filled, it will be added to the public pool.
The Tiering system will be evaluated and may be changed every three months.
Launchpool
The TEN tokens staked also hold significance in the Launchpool product, representing users within the pool for reward events. The formula to determine rewards in the Launchpool event is simple: dividing the total staked TEN tokens by the overall staked TEN tokens and then multiplying the result by the reward amount.
There are no minimum or maximum limits in this regard, and it differs from the tiering system for the launchpad, meaning the more TEN you stake, the larger the rewards you receive.
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