π°Staking (Earn HYPER)
Min stake length is 28 days, max stake length is 3500 days & all share bonuses cap at day 2888, see "Shares" section below.
The rolling payout cycles run:
Every 98 Days
so day 98, 196, 294, etc..., forever.
Every 369 Days
so day 369, 738, 1107, etc..., forever.
And the HYPER bought off of market for the staking payouts is distributed like this:
50% gets added to the 98-day rolling payout
50% gets added to the 369-day rolling payout
And NEVER stop. These cycles will pay out forever as long as people participate in the protocol and 38% of the HYPER bought into the payout cycles for HYPER stakers.
Shares
When you stake your HYPER, you get shares in return; the number of shares you get depends on the current share rate at the time of your stake + the bonuses below:
LongerPaysMore bonus - the longer you stake for, the more shares you get, up to a +200% bonus at day 2888, after 2888 day stake length, the bonus stays capped at +200% but you can stake up to 3500 days to earn as much yield as possible for as long as possible as shares only get more expensive & much harder to get over time.
BiggerPaysMore bonus - the more HYPER you stake in a single stake, you get a up to 8% extra bonus on your shares, capped at 100B HYPER.
The number of shares you have compared to everyone else determines your % of the HYPER payouts.
For example: if you have 1% of all shares, you get 1% of all the payout cycles triggered during your staking period, etc...
Penalties
You pick a date for your stake to end when you start your stake, try to end your stake on that day.
If you're unable to on that specific day, you have a 7-day grace period to end your stake in which no penalties will get applied.
Stakes are not allowed to be ended before 50% maturity.
If stake ended after 50% maturity
Lose -50% of HYPER in staked, gets sent to the dead address (burned).
You get 50% of HYPER staked back.
If stake not ended for 1 week (grace period) after end date, lose 1% of HYPER per day until 99% lost after 100 days (calculated at end of stake)
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