Staking
Vox Royale offers a robust staking system designed to reward players for holding and staking $VXR tokens. Here’s how our staking system operates:
Annual Percentage Yield (APY):
Players earn rewards based on their staked $VXR tokens, with the APY structured as follows:
Staking 0-1000 $VXR: 5% APY
Staking 1000-2000 $VXR: 10% APY
Staking 2000-3000 $VXR: 15% APY
Staking 3000-4000 $VXR: 20% APY
Staking 4000-5000 $VXR: 25% APY
Staking 5000-6000 $VXR: 30% APY
Staking 6000 $VXR or more: 35% APY
APY Increment:
The APY increases by 1% per day starting from the previous APY plus 1% on the day the balance changes, providing incremental rewards for continuous staking.
Withdrawal Fees:
When withdrawing in-game balances, players incur the following fees:
Withdrawal Fee: 4% of the withdrawn amount.
Gas Fee: Equivalent to the current cost of gas for the withdrawal transaction, ensuring transparency and efficiency in withdrawals.
Our staking system encourages long-term investment in $VXR tokens by offering competitive APY rates that increase with higher staking amounts. Additionally, withdrawal fees are structured to maintain fairness and sustainability within the ecosystem.
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