💰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
Open the CoinDashboard App: Log in using your credentials.
Navigate to Staking Section: Find the 'Stake Now' option.
Choose the Amount to Stake: Select the number of $CDBD tokens you want to stake.
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.Last updated