5.3 STAKING PLATFORM

The BitBet Staking Platform is a structured staking solution offering users the opportunity to increase their position in the project with no more purchases. The platform provides three distinct lock-up periods, each with its own Annual Percentage Yield (APY), and allows monthly withdrawals of staking rewards, enhancing flexibility while ensuring long-term staking benefits.

There is a 7% fee for staking deposits.

Key Features of the BitBet Staking Platform:

1. Three Locking Periods and APY Rates:

  • 399 days lock-up period with a 22% APY.

  • 499 days lock-up period with a 35% APY.

  • 623 days lock-up period with a 44% APY.

Each staking option allows users to lock their assets for the specified duration, during which they earn interest on their staked amount at the corresponding APY.

2. Quadrimester Rewards:

  • One of the standout features of BitBet is the ability to withdraw staking rewards on a quadrimester basis. This allows users to enjoy passive income without having to unlock the principal investment.

  • The staked principal remains locked for the full duration (399, 499, or 623 days), but users can access the rewards quarterly, providing liquidity and flexibility even during the lock-up period.

3. High-Yield Opportunities:

  • BitBet offers competitive APYs designed to attract long-term stakers. The APYs are structured to incentivize longer staking periods, with significantly higher returns for users who choose to lock their assets for 623 days (44% APY), compared to shorter periods like 399 days (22% APY).

Example of Earnings:

Let’s assume a user stakes $10,000 BITBET on the platform. Here’s what they can expect for each staking period:

  • 399 days (22% APY):

    • Monthly reward: 1.83% of the principal ($10,000 × 1.83% = $183 BITBET per month).

    • At the end of the 399-day period, the total rewards earned would be approximately $2,430 BITBET.

  • 499 days (35% APY):

    • Monthly reward: 2.92% of the principal ($10,000 × 2.92% = $292 BITBET per month).

    • At the end of 499 days, the total rewards earned would be approximately $4,860 BITBET.

  • 623 days (44% APY):

    • Monthly reward: 3.67% of the principal ($10,000 × 3.67% = $367 BITBET per month).

    • At the end of 623 days, the total rewards earned would be approximately $7,590 BITBET.

4.Emergency Withdrawal:

Emergency withdrawal can be done at any time at a 45% tax.

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