Staking
Decentralized Revenue Distribution
Last updated
Decentralized Revenue Distribution
Last updated
Users can get passive income by providing liquidity on CRANNI-POL LP and depositing on Luckblocks staking pool, income comes from each ticket bought on Luckblocks lotteries/games and goes to the pool automatically, the perBlock rewards are calculated each month based on accumulated amount.
The formula calculates the current amount to be payed fully on that month with some days of rewards ahead,a action in the contract after the cooldown, update to new rewards. So for example for each 5000 USDT stored it rewards 0.005 per block. Rewards are adjusted every 864.000 blocks , which is roughly 1 month.
Other DAPPS from CRANNI ecosystem also fill that pool with USDT using similar economic models for even more rewards.
A minimum of 0.10 LP token is required to participate and there's a 10% withdraw fee in the period of 15 days after deposit which is reseted on every new deposit you make, the fee amount goes to DeadAddress for permanent liquidity.
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