🍯Lock Staking

What is the Lock Staking?

Lock Staking is the MEIJI Single Staking with locked option in MeijiDAO.

There are 5 lock period options providing different APY in MEIJI-BUSD Farm. The more lock days, the higher APR provides.

• 7 days - 5% APY

• 14 days - 11% APY

• 30 days - 25% APY

• 60 days - 55% APY

• 90 days - 75% APY

To get a better idea of the potential returns for each lock epoch, stakers will be able to use the built-in calculator to compare the APY for each lock period based on the amount they’re staking.

Reward Calculator will be integrated in MeijiDAO V2

How to different with general Staking

!Important: it's possible to bid in featured IGO projects during the staking. Users can take part in IGO with staked balance, receiving rewards until withdraw. In a word, stakers can get opportunity to get target project tickets and high rewards together.

This part is very similar with MeijiDAO yield farming

Please check below to discover source code related with Lock Staking.

Staking Contracts