Staking
Last updated
Last updated
In Oxbull, staking is a method for users to qualify for IDOs or Private Sale whilst providing an APR of 2.5%.
To qualify for Oxbull IDOs, the qualifying amounts of $OXI to be staked shall be as per the tiering table below:
Under the “Token Staking Route”, users will be able to select the Tier they would like to commit to and stake:
3. Enter the amount of OXI to stake and click “Stake”.
4. Approve the necessary transactions via wallet and congratulations! The staking is now in effect.
5. Under the “your groups” section, successful staked users are now eligible to join the dedicated Private Group in accordance to their staked tiers.
Users can now get as many tiers as required in just ONE single wallet.
For example, if a user staked double the required amount for Tier 1, they will essentially qualify for 2x Tier 1 , which means that the specific user will have double allocation during IDO/ Private Sale contribution. Another example, if a user qualifies for a Tier 1 and Tier 2, the user will have access to both Tier 1 and Tier 2 contribution pool.
