$DOGA Staking
Last updated
Last updated
Staking is a key mechanism to rewarding community members who actively participate in the DOGAMÍ ecosystem by locking up their $DOGA tokens. By staking, community members can accumulate additional $DOGA rewards, contributing to the ecosystem's growth while benefiting from various staking plans.
Users can lock up $DOGA tokens through our multi-chain staking dashboard, where both $DOGA Polygon and $DOGA Tezos can be used.
DOGAMÍ offers three staking programs, each with different APR rates and lock-up periods, they are all available on Polygon and Tezos as previously mentioned.
5% APR Flexible Staking With this flexible program, users can stake and unstake $DOGA at any time. Rewards are distributed based on a 5% APR.
15% APR 90-Day Locked Staking $DOGA tokens are locked for 90 days, and earn users a 15% APR over the staking period.
50% APR 270-Day Locked Staking This plan offers a whopping 50% APR for users who commit to a 9-month lock-up. However, it is capped at 50M $DOGA.
Once the pool reaches the 50M cap, no more $DOGA can be staked
If any stakers unstake their tokens, the 50% APR becomes available again until the cap is reached.
💡 Rewards will be distributed from DOGAMI's staking pool. The APR rewards and staking programs are subject to change and evolve over time. Also, note that Terms & Conditions apply, please read them thoroughly.
✅ $DOGA staking is non-custodial (tokens remain on your wallet, the private keys of which you should have exclusive control) and for promotional purposes only.
Locked Staking Conditions & Rules
There is no minimum staking amount
A minimum staking period has to be respected
A staking reward is set at each new Tezos or Polygon block
To collect rewards users need to keep their tokens staked for the entire locked period
Tokens can be unstaked at any time but unstaking locked tokens before the end of the locked period sets the on-hold rewards to zero
The pre-determined pool of staking rewards is distributed on a first-come first-serve basis. Consequently, DOGAMÍ does not guarantee that each staker will receive the full amount of rewards
The initial sum staked and any accumulated $DOGA unclaimed at the end of the period is not automatically re-staked in the next period's pool
Any unused supply from the staking rewards at period n will be re-injected in the supply of the period (n+1)
Please note that the ownership of the staking rewards is not transferred to the user until he/she provably claims them to their wallet. DOGAMÍ reserves the right to modify or discontinue any staking programs at any time without notice or liability to the user.