π₯©Single Staking $BLOO and the Reward Mechanism
The Blooprint staking pool offers exclusive rewards to users who own $500 worth of BLOO tokens.
To access the Blooprint staking system, visit the address:
(Website will be operational after launch.)
When you connect your wallet, your $BLOO tokens will get calculated, allowing you to view the current staking pool. Without the BLOO tokens, you cannot see the staking pool.
The staking pool accepts new users or allows people to exit between the 1st and 3rd of each month. On the 4th of each month, the staking pool gets locked, and rewards for the upcoming month get calculated.
How rewards work
Your share of the staking pool is calculated based on how many $BLOO tokens you stake
Rewards get calculated using the following calculation:
$BLOO tokens = Staking Units x
User A has 1000 of 4000 staking units = 25% of the pool
User B has 3000 of 4000 staking units = 75% of the pool
When to claim rewards
The claim vault is accessible via a tab when viewing the staking pool.
Your rewards from the staking pool get deposited into your claim vault on the 1st of each month. Tokens in your claim vault are redeemable at any time. You are not required to claim your tokens immediately and can wait for them to accumulate.
Claiming your rewards will incur a 1% fee and standard network gas fees.
How to unstake
The unstake button is visible at all times but is only active from the 1st to the 3rd of each month. Clicking the unstake button will immediately remove you from the staking pool.
To unstake your tokens, you must have no unclaimed rewards in your claim vault. A 1% fee of your staked tokens gets charged when leaving the staking pool.
Staking Pool Management
To minimize hosting and data processing costs, the platform will implement monthly staking pools. Users can join and claim rewards during the first week of each month, with calculations taking place on the 8th day. This approach reduces the frequency of calculations and maintains the efficiency of the platform.
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