Staking $PPD

Regular Staking

$PPD holders are able to stake and withdraw their staked $PPD at any time, and claim rewards from the Regular Staking Rewards Pool where 20% of all rent fee will be allocated. Regular staked $PPD can be switched to fixed term staking at any time, but can't be switched back before the term expires.

Fixed Term Staking

$PPD holders are able to stake their $PPD for a fixed term of 30 days, 60 days or 90 days, that grants a time-weighted multiplier of 1x, 1.1x and 1.2x. the staked $PPD will be switched to regular staking after the term expires and it can't be withdrawn before the term expires.

Stakers' daily staking rewards are calculated at 04:00:00 EST every day. For each 6,500 block period (which is approximately 24 hours), the amount of $PPD rewards to be distributed at each block to holders is calculated by:

Total Rewards Pool in the prior 6500 block period/6500

Each Staker's staking rewards at each block are calculated by:

Staker's staked $PPD at each block / the total amount of $PPD staked at each block * the amount of $PPD rewards to be distributed at each block * multiplier of the staking term

Fixed term stakers are eligible to collect interests generated from $PPD fixed term Staking Rewards Pool taking up 3% of the total supply and claim the monthly dividend so long as the fixed term staking is valid.