🥩Staking Mechanisms
LP Staking
LP staking is vital for generating PrimordialPePe (PPEPE) in our ecosystem. Users can earn PrimordialPePe rewards by staking LP tokens, specifically any LP tokens for the associated tokens integrated into Nebula. Another way to produce PrimordialPePe is by staking a PrimordialPlanet NFT.
Locking LP tokens removes them from circulation, enhancing liquidity and security within the swap protocol providing a rug resistant trading ecosystem for any meme token our community chooses to support.
PePe, SHIB, and SDIV token holders are among the first who can participate in LP staking to generate PrimordialPePe rewards, fostering community support and growth.
Staking LP Token still earns $PPEPE daily, the actual calculation uses an incremental approach that increases slightly (starts at 0.05% and raises by this amount daily) each day up to day 100; after that, rewards remain capped at the day-100 rate(5%). Any partial day is measured by leftover seconds, ensuring more precise rewards.
If a user wants to increase yields in a compounding effect for a single LP Staking pool, NFTs can boost these daily yields when locked alongside the pool. These boosts take the form of 2% for the first Generation, 10% for the second Generation (Primary LP/Vesting Booster), and 5% for the third Generation. Community voting will determine the inclusion of new MeMe tokens for LP staking rewards in PrimordialPePe.
Vesting
Vesting, a key pillar of our system, significantly contributes to the generation of PrimordialPePe. The process is governed by a timelock mechanism spanning 1 to 12 months.
While our vesting system includes specific tokens, each token follows a unique vesting rate that directly corresponds to the reward percentage based on the length of the timelock. The reward rate starts at 2% and increases 2% until month 12, of which has a boosted rate of 26% instead of 24%. This gets adjusted for each token integrated into nebula, currently all token initially integrated will get these rates, and the tokens to be integrated at launch are:
PePe $PEPE (0x69)
Shiba Inu $SHIB
PrimordialPePe $PPEPE
StarDustDividends $SDIV
We understand that circumstances may arise requiring the early withdrawal of vested tokens. For such cases, we provide an emergency withdrawal option. However, be advised that choosing this path will result in forfeiting any rewards that would have been accumulated.
Furthermore, we've enhanced our vesting process by integrating NFT boosts. The extent of these boosts depends on the generation of the NFT:
- First Generation NFTs receive a 2% boost
- Second Generation NFTs receive a 10% boost
- Third Generation NFTs receive a 5% boost
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