FAQ's

• How to Stake PEAKDEFI?

  There will be two ways of staking. The first, “normal” way is to lock up PEAK to stabilize the liquidity and price and earn staking rewards. The second way, a so-called protection staking will be launched in v2 next year. We expect that it will take at least 3 to 5 years until the 1 billion PEAK are distributed through staking.

  The PEAK-Staking Formula depends on 3 Parameters: The Amount of PEAK to stake (Bigger Bonus), the period of time you are willing to lockup your PEAK (Longer Bonus) and the stage when you start staking (Early Factor). The amount of PEAK staked (s) can be 10–1,000,000 PEAK. The time the PEAK are staked for (d), can be 10 to 1,000 days.

  To stake PEAK go to peakdefi.com and connect your wallet (ex: metamask). Next select the amount of PEAK you want to stake and the stake time in days. Click Stake to authorize and confirm. You are now staking PEAK!

  You have to claim the Rewards by clicking on “Claim rewards”, then the PEAK Tokens will be sent to your wallet.

• How much can I earn Staking PEAKDEFI?

  You can earn up to 83% in natural PEAK Staking per Year!

  Depending on the amount of PEAK Staked and how long you Stake for  – take advantage of the Bigger Bonus Daily, Longer Bonus Total, and Early Factor – If you want to estimate your rewards with user inputs please check out the rewards calculator.

• How many PEAKDEFI do I need to Stake?

  The amount of PEAK staked can be 10–1,000,000 PEAK. The time PEAK are staked for can be 10 to 1,000 days.

• Is there any risk or lockup period for PEAKDEFI?

  Yes, during the Staking Period your PEAK tokens are locked. You can’t cancel your staking before the period ends. Users can define their stake time in days with a minimum of 10 days and a maximum of 1,000 days.

• What are Bigger Bonus p.a. B(S), Longer Bonus, and Early Factor?

  Bigger Bonus p.a. B(S)

  The Bigger Bonus p.a. B(S) is determined by the amount of PEAK that you are willing to stake (s). You can earn up to 10% on top of the regular staking rewards.

  Longer Bonus

  The Longer Bonus L(d) is determined by the length of time (d) that you are willing to stake. The minimum period is 10 days, the maximum 1000 days. The longer you stake the higher your APY ( Annual Percentage Yield). Due to the daily growth factor (β) on top of the daily fixed factor (α), it is always more lucrative to stake longer in one piece (e.g. 100 days in a row) than for multiple short periods (e.g. 10 x 10 days).

  Early Factor

  The earlier you start staking the greater your rewards are. This is due to the Early Factor (w). There is only a specific amount of available PEAK for staking ( 700 Mio.) The staking rewards are reduced by the factor (w) that depends on the amount of PEAK which has already been spent or is reserved. The less PEAK are remaining for staking, the less the APY (Annual Percentage Yield).