đStaking Tiers + Rewards (Coming Soon)
The Fofar Staking Program offers various tiers with different reward structures based on the length of the staking period. Staking is offered in multiple formats for maximum flexibility.
No Lockup, Flexible Staking: Stakers can deposit or withdraw tokens at any time for a flat rate of Bacon rewards per day, based on the amount of Fofar staked.
Lockup Staking: Stakers can withdraw tokens after their chosen lockup period is complete, at which point they will receive all of their Bacon rewards.
1-month Lockup: 1.6x the Bacon
2-month Lockup: 2.2x the Bacon
3-month Lockup: 3x the Bacon
Early Adopter Bonus
To incentivize early participation, the first 500 stakers will receive an additional 10% in Bacon tokens rewarded per day as a bonus. Additionally, these early adopters will be granted an exclusive NFT trait that signifies their status as founding members of the staking program.
Long-Term Staking Benefits
Participants who commit to long-term staking can enjoy compounding rewards by continuously staking and reinvesting their Bacon tokens. High-tier stakers may receive exclusive access to new features, events, and limited-edition NFTs, further enhancing their engagement with the ecosystem.
The staking program is designed to be flexible and responsive to changing market conditions. The Platform can adjust rewards, staking tiers, and other factors based on community feedback and market dynamics.
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