1. How do I stake my SLAM?
Decide what option you want to pick and simply send your SLAM to the respective staking wallet address mentioned above and you are all set!
2. What is locked staking?
Locked staking is a way for you to earn interest on your SLAM tokens. You send the amount that you want to stake into the staking wallet address we provide and then watch your assets grow every day. There are different periods of time you may choose from which determines the estimated returns.
3. Can I unstake my SLAM anytime and what happens if I do that?
You can most certainly unstake your assets anytime. But if you do that before the staking period ends for your holdings you will accept to forfeit ALL your estimated returns you would have earned during your staking.
To unstake, you need to interact with the deployed staked contract and your staked assets will be sent back to your original wallet instatly without any additional rewards. (The contract will shared here after the accepting the tokens for staking ends. If you prefer to unstake before this, you can contact us and after 48 hours we receive your request, your tokens will be send back to you.)
4. What happens after the staking period ends? Do I have to manually claim my rewards?
Absolutely not. Staking contract will send back your staked SLAM plus your rewards back to your wallet automatically once your staking period ends.
5. Do I still get the SLAM payouts/rewards even when I stake my SLAM?
Yes. You will still be eligible to receive your payouts as long as they happen.
6. Can I stake my SLAM anytime?
Unfortunately no. We will promote the staking program only for a certain period of time which will be announced beforehand. This staking window will close on June 12th, 2022 - 12PM UTC
7. Is there a minimum or maximum amount to stake?
There is no minimum amount of SLAM required to stake.
8. Can I participate in multiple staking programs all at once?
Yes. You can participate in all of the programs. There are no limits per wallet or holder.
SLAM Staking program aims to provide our holders with a reliable and a safe mechanism to earn interest on their SLAM holdings. It also helps the ecosystem by basically removing a certain percentage from the circulating supply.