💰Staking

Staking $CDBD Tokens

Staking your $CDBD tokens with the CoinDashboard app is a valuable method to earn rewards and contribute to the stability and security of the ecosystem. Below we discuss the advantages and the competitive APR (Annual Percentage Rate) that $CDBD token holders can benefit from:

Why Stake $CDBD?

• Earn Rewards: By staking your tokens, you receive rewards, proportional to the amount of $CDBD you stake and the length of time you keep them staked.

• Security Enhancement: Your staking contributes to the robustness and security of the network, making it more resilient against attacks.

• Passive Income: Staking is a form of passive income. Once you stake your tokens, you'll accrue rewards over time without additional effort.

Advantages of Staking with CoinDashboard

• Competitive APR: The CoinDashboard app offers one of the most attractive Annual Percentage Rates, making it a lucrative option for $CDBD holders.

• Simplicity: The app's interface is user-friendly, facilitating easy management of your staking activities.

• Direct Support: Staking within the app means you're directly supporting the CoinDashboard ecosystem, aiding in its development and success.

How to Stake $CDBD

1. Open the CoinDashboard App: Log in using your credentials.

2. Navigate to Staking Section: Find the 'Stake Now' option.

3. Choose the Amount to Stake: Select the number of $CDBD tokens you want to stake.

4. Confirm and Start Earning: With a confirmation, your tokens are staked, and you'll start earning rewards based on the prevailing APR.

Staking $CDBD is not only a smart way to grow your holdings but also a means to actively engage with and bolster the CoinDashboard community.

Presentation: CDBD Staking Program

Slide 1: Introduction to CDBD Staking

Title: Investing in the Future: The CDBD Staking Opportunity
Subtitle: A High-Yield, Low-Risk Investment in the Blockchain Ecosystem
Introduction:
    Overview of CDBD as a growing digital asset in the blockchain space.
    Importance of staking in supporting network security and earning passive income.

Slide 2: What is Staking?

Title: Understanding Staking
Key Points:
    Staking involves locking up your CDBD coins to support the network.
    In return, you earn rewards, similar to interest in traditional finance.
    Staking helps maintain the network’s security and efficiency.

Slide 3: CDBD Staking Program Overview

Title: CDBD Staking: Key Features
Key Points:
    Total Token Supply: 100,000,000 CDBD.
    APY Options: Choose between 30, 90, or 180-day lock-up periods.
        30 days: 10% APY.
        90 days: 20% APY.
        180 days: 30% APY.
    Rewards Pool: 10% of total supply (10,000,000 CDBD) allocated for staking rewards.
    Reward Distribution: Lump sum paid upon unstaking, not daily.

Parameters:

    APY for 180 days: 30%
    Staking Period: 180 days (6 months)
    Initial Stake: 500,000 CDBD
    Reward Distribution: Lump sum paid upon unstaking

Calculation:

    Convert APY to a 6-Month Rate:
        APY is for a full year, so for 6 months (half a year), the interest rate is 30%2=15%230%​=15%.

    Calculate the Reward:
        Reward for 6 months:
    Reward=500,000×15%=500,000×0.15=75,000 CDBD
    Reward=500,000×15%=500,000×0.15=75,000 CDBD

Total CDBD After 6 Months:

    Initial Stake: 500,000 CDBD
    Reward: 75,000 CDBD

Total: 575,000 CDBD
Summary:

If you stake 500,000 CDBD for 180 days at a 30% APY, you will receive a reward of 75,000 CDBD. At the end of the staking period, your total CDBD will be 575,000 CDBD.