- Overview
COPIUM PROTOCOL STAKING PLATFORM
Following the successful launch of the Copium Protocol Investor Pass and the presale / public launch of Copium Coin, will be the introduction of the Copium Protocol Staking Platform. Copium Staking is a non-custodial platform, meaning users retain their private keys and therefor ownership of their tokens.
Users will be able to stake their Copium Coin holdings for a range of locked and unlocked periods, in exchange for high APY% interest rates. Interest rates will be proportionate to the locked time period of the selected staking contract. The longer the locked period, the higher the interest rate % will be.
Interest accrued during each locked staking time period, will be paid to the user in Copium Coin, upon expiry of the staking contract.
Should a user choose to prematurely cancel a current locked time period staking contract before the expiration date, the user will forfeit any and all accrued interest for the entire duration of the staking contract. There will be no additional penalty for exiting the staking contract.
Users will be able to view Copium Coin Holdings, including accrued, but not yet realized interest, for each staking contract, at any point in time via the user portal.
Users will be able to use features on the staking platform such as selecting and adjusting interest rate, and time period sliders to estimate potential earnings based on their individual chosen staking contract parameters.
Copium Protocol Investor Pass holders will be able to stake their Copium Coin holdings for a range of pre-defined periods at special Investor Pass only rates (see staking rates table).
Exclusive Pass Holder only staking rates will be substantially higher yield than public staking rates. Starting at 12% APY, for a locked period of 30 days, increasing incrementally depending on the chosen period of staking. These rates will only be available through ownership of the Copium Protocol Investor Pass and not to the public.
Pass holders can additionally stake their Investor Pass in return for daily Copium Coin earnings. Daily earnings will continue to accrue until the individual Passholder chooses to claim earnt coins (via a gas only transaction). A Daily allocation of 10 Copium Coins per staked Investor Pass, will be guaranteed for a period of 2 years (24 months), regardless of the price of Copium Coin at any point in time.
Pass Holders will be offered a one-time only, initial staking rate of 38% APY for a locked 36-month period. This high yield staking rate will only be available to Pass Holders for 30 days from the mint date of the Investor pass. In order to qualify for this offer, Pass Holders must stake an amount of 10,000 Copium Coins or greater.
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