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  1. Staking
  2. Staking Rules

Staking Periods

Last updated 1 year ago

The difference between choosing a staking period (ex. 30/60/90/180 days) compared to choosing indefinite staking.

  • When choosing 30/60/90/180 days period staking

If this is your preferred method of staking you are committing to stake your kong for the entirety of the time you selected. Therefore each time comes with a certain additional % the user will get for staying committed and reaching the milestone they selected previously. Your coins will be fully available to you when you reach your milestone. If you sell/unstake/ list before then you will lose all coins related to the bonus you were earning and you will also get taxed 10% of your total coins eanerd already.

  • When choosing indefinite staking

When you go with this method of staking you can leave your kong staked as long as you want earning your daily yield as this method doesn't include an additional %. Also if you choose to do indefinite staking you will be able to claim your coins every 15 days. In order to get all of your coins make sure you don't unstake/list/sell before claiming all your coins.

STAKE NOW OR PAY MORE LATER

Finally, please understand this is just the beginning and we are looking at the system every week to make changes and updates. We are so excited for all the future updates and fun activities planned for our Staking Ecosystem.