Staking dApp
The Mind AI platform introduces a revolutionary staking dApp that offers users the opportunity to passively earn rewards on their investment. With an Annual Percentage Yield (APY) that can reach up to 60%, Mind AI is designed to reward the loyalty and commitment of stakeholders in our ecosystem.
How Mind AI Staking Works
Staking on Mind AI is structured to incentivize longer lock-up periods with progressively higher APYs. Users can choose to lock their tokens for periods of 7, 15, 30, or 60 days, with corresponding APYs increasing based on the length of the staking period:
7 days: Staking with an APY of 10%
15 days: Staking with an APY of 15%
30 days: Staking with an APY of 25%
60 days: Staking with an APY of 60%
How to Stake Your Tokens To participate in Mind AI staking, follow these simple steps:
Access the Staking dApp: Visit staking.mindaiproject.com through your mobile wallet browser, and on desktop simply where you have your wallet.
Connect Your Wallet: Use a compatible wallet to connect to the dApp.
Select the Amount: Decide the amount of Mind AI tokens you wish to stake.
Choose the Lock Period: Select the desired lock-up period (7, 15, 30, or 60 days).
Confirm Staking: Complete the process by first approving the tokens and then clicking on "STAKE" to put them into the pool and start earning.
Staking Supply
Mind AI staking is fueled through a buyback strategy implemented by our team. An initial allocation of 10% of the issued tokens was set aside to support staking, ensuring that the platform is well-capitalized to provide rewards. The buyback acts as a mechanism to support the token value and ensure the long-term sustainability of the staking program.
Calculating APY
To calculate the daily return percentage on one's investment through the chosen APY, we must follow the following very basic formula. Rewards = APY(%)/364
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