Clash of Coins
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  • OWB Token
    • Community Distribution
    • Staking
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@ 2024 OWB Studio

On this page
  • How Staking Rewards Work
  • Unstaking Process and Penalties
  • Activity Points Distribution
  • How to Stake Your OWB Tokens
  • How to Unstake Your OWB Tokens
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  1. OWB Token

Staking

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Last updated 11 days ago

Staking in Clash of Coins is designed to support ecosystem stability and reward participants who actively contribute to it.

How Staking Rewards Work

Staking rewards are divided into two parts:

  1. Dynamic APY (Annual Percentage Yield):

    • The APY rate changes based on three factors: the size of your stake, the duration of your staking period, and the total amount of tokens staked in the pool.

    • The larger your stake and the longer you keep it locked, the higher your potential rewards.

  2. Activity Points:

    • Activity Points are generated based on the size and duration of your stake.

    • These points give players the opportunity to receive token rewards at the end of each season.

Unstaking Process and Penalties

If you decide to unstake your tokens, please note that there is a 3-day cooldown period for security purposes.

  • To start the process, initiate the unstake request. After the cooldown, manually withdraw your tokens.

  • Both actions require your confirmation through your wallet.

Early Unstaking Penalties

If you withdraw your stake before the end of the chosen lock period, your APY earnings will be reduced:

  • 75% penalty if you unstake after half of the staking period.

  • 100% penalty if you unstake before reaching half of the staking period.

  • The principal (staked amount) is returned in full, and the penalty only affects your earned APY rewards.


Activity Points Distribution

  • Minimum Stake for Points: Points are awarded only if you stake at least 10,000 $OWB.

  • Earning Points: Points start accumulating from the moment you stake, but you receive the first batch after the first full month.

  • Monthly Payout: After the initial month, points are credited on a monthly basis. Once points are credited to your balance, they remain yours regardless of when you decide to unstake.

  • Pending Points for the Current Month:

    • Unstaking before the middle of the month results in losing 100% of the points for that month.

    • Unstaking after the middle of the month results in a 75% reduction of the month’s points.

  • Passive Income after Lock Period:

    • If you continue staking after the initial lock period ends, your stake will automatically generate passive income without requiring any additional actions.


How to Stake Your OWB Tokens

  1. Click Connect Wallet and select your preferred wallet.

    • Confirm the connection by signing the message (“Sign to verify”).

  2. Once connected, your wallet address and OWB balance will be visible in the top right corner.

  3. In the Stake more $OWB field, enter the number of tokens you wish to stake, or click MAX to select your entire balance.

  4. Adjust the staking duration using the slider (from 30 to 365 days). The longer the period, the higher the potential rewards.

  5. Click Stake Now.

    • Confirm the transaction in your wallet.

    • The button will change from Processing to Complete, indicating successful staking.

  6. Congratulations! Your tokens are now generating rewards.


How to Unstake Your OWB Tokens

  1. Connect your wallet on the staking page.

  2. Click Unstake Your OWB.

    • A warning message will display your accumulated rewards and any applicable penalty.

  3. Click Unstake Anyway and sign the transaction.

  4. After the 3-day cooldown, return to the page and click Unlock Tokens.

    • Sign the transaction to receive your tokens back.

  5. Your tokens will be transferred to your wallet.


Upcoming Features

Visit the staking page:

Soon, you’ll be able to make purchases in the shop using staked tokens. Stay tuned for updates!

https://clashofcoins.com/token/staking
Clash of Coins Staking
https://clashofcoins.com/token/staking