Token Staking
Token staking on EarnPark is designed to encourage long-term participation in the ecosystem while boosting user investment returns. The staking program allows users to lock their PARK tokens for either a flexible or fixed period, offering yields regardless of strategies participation and granting exclusive benefits.
Yield Boost: Users can stake PARK tokens to increase their annual percentage yield (APY) across investment strategies. The longer the lock period and the larger the stake, the higher the reward.
Exclusive Access: Staking unlocks access to premium investment products with higher returns, incentivizing long-term commitment to the platform.
Solo Staking: Users who are not currently investing in platform strategies can still earn rewards by staking PARK tokens. This mechanism provides steady token rewards without strategy involvement.
Rewards are calculated based on the formula:
Where: X ā Staking APR, Y ā Monthly rewards, Z ā Total staked tokens
EarnPark also uses staking as a testbed for future strategy features, such as implementing lock-up periods to increase yield.
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