PiP Staking Pools
The user can stake PIP tokens in different staking pools for staking rewards. Each staking pool will have different staking rewards and Annual Percentage Rate (APR)%. The weekly % is APR / 52 weeks (number of weeks in a year).
The current staking rewards are PIP Tokens.
Important Note:
There is also a lock-up duration and an early penalty fee imposed on PiP Staking Pools
The duration is defined by the amount of time the user needs to stake their tokens
If the user decides to unstake or withdraw before the required amount of time, an early penalty fee of 10% will be imposed on the user
The lock-up duration and an early penalty fee were designed to ensure that users stake their tokens for a minimum period of time and to prevent the whales from emptying the pool by staking a huge amount of tokens and then withdrawing suddenly
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