2.2 STAKING SNAIL

SnailBrook has built a Staking dapp to offer holders of SNAIL the ability to deposit their tokens into a decentralized platform to earn SNAIL and participate in early IDO launches.

Within the SnailBrook ecosystem, Snail Token (SNAIL) serves a pivotal role in the staking mechanism, offering users a unique opportunity to participate in the platform's decentralized governance and earn rewards in return for their contributions.

The SnailBrook team has offered 2.7% of the total supply of SNAIL to loyal stakers, in addition to earning allocations in PearlHub.

Staking Participation

Users can stake their SNAIL tokens by locking them into designated staking pools for specified durations, ranging from short-term options like 30 days to longer-term options such as 650 days. Each staking pool corresponds to a specific lock-up period, and users can choose the pool that aligns with their investment strategy and risk tolerance.

Tier Points Accumulation

Upon staking their SNAIL tokens, users accumulate Tier Points based on the amount of tokens staked and the duration of the lock-up period. These Tier Points serve as a measure of the user's commitment and reputation within the SnailBrook ecosystem, influencing their rewards and privileges within the platform.

Reward Distribution

The rewards distributed to stakers are denominated in SNAIL tokens and are proportionate to the user's stake size, the duration of the lock-up period, and their Tier Points. Stakers earn rewards over time, with the potential for higher returns for longer lock-up periods and higher Tier Points.

Pearl Points Calculation

In addition to Tier Points, users also accumulate Pearl Points based on their stake size and the pool multiplier set by the administrator for each staking pool. Pearl Points are calculated in real-time and can be utilized for various purposes within the SnailBrook ecosystem, including accessing premium features, participating in governance decisions, and unlocking exclusive benefits.

Flexible Participation

Users have the flexibility to deposit and withdraw their stake and claimed rewards at any time after the lock-up period, providing liquidity and allowing for dynamic portfolio management. Additionally, there are no restrictions on the number of stakes, participation in different pools, or the total amount of staking, enabling users to tailor their staking strategy to their individual preferences and goals.