> For the complete documentation index, see [llms.txt](https://getcultd.gitbook.io/lightpaper/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://getcultd.gitbook.io/lightpaper/cultdtoken/features/usdcultd-staking.md). # $CULTD Staking ## Stake your tokens for a set period and earn more $CULTD The @GetCULTD Staking Program is designed to reward long-term commitment, stabilize token circulation, and promote ecosystem health. It is one of the key mechanism that encourages token holders to engage with the Platform over the long term. By locking their $CULTD tokens for a fixed duration, users can earn rewards while supporting platform liquidity. $CULTD tokens are transferred to a special wallet and kept there until the user wants a withdrawal. The rewards are calculated by looking at a number of things, such as the Loyalty Tier and the length of the staking period. This strategic function aims to **promote long-term commitment** to the project and improve the ecosystem's health and stability as a whole. Here's how the program works: #### Key Features * **High APR with Limited Availability**: Attractive rewards for early and committed participants. * **Secured Rewards for 4 Years**: Long-term incentives to maintain engagement. * **Early Unstaking Option with Penalty**: Flexibility for users while ensuring ecosystem stability. * **Token Circulation Management**: Locked tokens are temporarily withdrawn from the market, enhancing price stability. ### Eligibility and Participation Participation in the $CULTD Staking requires users to have a unique Tier in the Ambassadorship Program. This Tier serves as an access key. You can get this Ambassadorship Tier in a number of ways, including: 1. Official $CULTD Token Sale: Anyone who buys $CULTD tokens during any round of the sale gets a lifetime Ambassadorship Tier in the loyalty program. This gives them immediate access to the staking program. 2. Active Ambassadorship: Platform users earn points by completing certain tasks, which they can then trade in for Ambassadorship Tiers in the Ambassadorship Program. This is true even if they didn't buy or sell any $CULTD Tokens during the private or public sale rounds. ### Staking Program Benefits Users can choose from various staking plans, each offering rewards proportional to the locking duration: * **Longer Commitment, Higher Rewards**: The reward rate increases with the staking duration. * **Passive Income**: Earn rewards while maintaining ecosystem liquidity. * **Exclusive Perks**: Early access to AirDrops, premium content, and subscription discounts. #### **Staking Duration & Share Boost** | **Staking Duration** | **Share Boost** | **Penalty Fee** | | -------------------- | --------------- | --------------- | | **30 Days** | 1x | 1% | | **90 Days** | 1.5x | 3% | | **180 Days** | 2x | 6% | | **360 Days** | 3x | 12% | #### Penalty Mechanisms To encourage adherence to staking durations, an **early withdrawal penalty** is applied, proportional to the remaining staking period: * Penalty fees increase for longer staking plans, promoting serious commitments. * Fees collected in $CULTD tokens are allocated to the **Special Pool**, contributing to ecosystem growth. **Penalty Fee Structure**: * **30 Days**: 1% * **90 Days**: 3% * **180 Days**: 6% * **360 Days**: 12% *** ### **Funding of the Staking Program** The program is sustained through a carefully planned token distribution strategy: 1. **Ecosystem Incentives**: A pool of $CULTD tokens held in a smart contract and released gradually to maintain consistent rewards. 2. **Platform Fees**: A portion of fees collected in $CULTD tokens is reinvested into the reward pool. *** ### **APR Calculation & Rewards Distribution** The program offers six staking plans: Basic, Silver, Gold, Platinum, Diamond, and Ambassador. Each plan includes four subscription durations, resulting in 24 unique staking options. ### **APR Calculation** Rewards are calculated based on the following formula: **Subscription Option Pool Share** =\ *(Number of $CULTD tokens staked)* × *(APR Boost for Plan)* × *(Share Boost for Duration)* Example (Diamond Plan, 180 Days): * **Staked Tokens**: 1,500 $CULTD * **APR Boost**: 2.6x * **Share Boost**: 2x **Pool Share** = 1,500 × 2.6 × 2 = **7,800** ### **Reward Calculation** Once pool shares are calculated, rewards for each option are distributed proportionally:\ **Reward %** = (Pool Share / Total Pool Shares) × 100 Example (Daily Reward Pool = 100,000 $CULTD): * **Total Pool Shares**: 22,000 * **Diamond Plan, 180 Days Pool Share**: 7,800 * **Reward %**: (7,800 / 22,000) × 100 = **35.45%** * **Daily Reward**: 100,000 × 35.45% = **35,450 $CULTD** If the total daily reward pool to be distributed is, for example, 100,000 $CULTD, then the amount allocated to users staking in the Diamond Plan with a 180-day subscription would be 35,450 $CULTD.
Follow GetCULTD on X https://x.com/GetCULTD
Join GetCULTD on Telegram https://t.me/GetCULTD
Back to the webpagehttps://getcultd.com