Traditional Staking Campaigns
What is Staking?
Staking is the process of holding tokens in the cryptocurrency wallet to support the operations of a network.
Participants are rewarded for depositing and holding coins, with constant guaranteed time-based returns. Rewards are calculated based on staking time: the longer you stake, the more you earn.
BLOCKS Staking Guide
On 15 June 2022, we launched the BLOCKS 12-Month Staking Pool in partnership with Ferrum Network. The ability to contribute the campaign concluded on 15 July 2022.
A second traditional 12-Month Staking Pool was created on 5 December 2022 with an open contribution period of 20 days.
The terms of the BLOCKS Staking pool (rewards, lengths, minimum contribution, etc.) are detailed below:
June 2022 BLOCKS Staking Pool Info
Staking Site: https://stake.unifyre.io/blocks/info/0x2e5feed79fafb27f469fb9e1456acb2095900b95/ETHEREUM
Early Withdraw Starts (6 months): 1/11/2023, 8:00:00 AM
Early Withdrawal APY: 5%
Full Maturity (12 months): 7/15/2023, 9:00:00 AM
Full Maturity Withdrawal APY: 20%
Example Video Link: https://twitter.com/BLOCKS_DAO/status/1543689787726393345
December 2022 BLOCKS Staking Pool Info
Staking Site: https://stake.unifyre.io/blocks/info/0x2a9df9e9e6d6d909ed3555bd512cb8c191331c79/ETHEREUM
Early Withdraw: None
Full Maturity (12 months): 12/25/2023, 6:00:00 PM
Full Maturity Withdrawal APY: 20%
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