Staking mechanics

The staking pools will be selected based on time duration (much like the NNS.) The longer staked, the higher the multiplier. Unlike the NNS however, stakers will have the option to unstake at a fee. Because the multipliers and rewards are significantly higher at longer duration, the fees will also be higher. This is necessary so that the holders can’t simply stake and absorb larger rewards then leave at will.

Staking durations and common information:

30 Days – 1x Multiplier, 10% unstake fee.

90 Days – 2x Multiplier, 15% unstake fee.

180 Days – 5x Multiplier, 20% unstake fee.

1 Year – 10x Multiplier, 30% unstake fee.

2 Year – 20x Multiplier, 50% unstake fee.

5 Year – 50x Multiplier, 70% unstake fee.

How to earn monthly ckBTC dividends? Stake in the designated MinePro dApp

How are monthly dividends received? Claim from dApp.

Are any $MINE tokens paid out as staking rewards? $MINE is never paid out as a staking reward, the $MINE token is deflationary and staking rewards are paid in ckBTC ONLY.