Staking
Overview
The BEAN Token staking mechanism is designed to reward users for holding and staking their tokens, providing them with attractive APY (Annual Percentage Yield) while also incentivizing long-term commitment to the project. The system is tiered, with dynamic APY that adjusts based on network conditions and a mix of inflationary rewards and transaction fees. Additionally, stakers will have the opportunity to participate in governance voting, where long-term stakers gain more voting power.
Staking Tiers
BEAN Token introduces tiered staking where users are rewarded with different APYs based on their lock-up period and the amount they stake.
Quick Start
3%
30 days
Steady Growth
6%
60 days
Loyal Player
10%
90 days
Savvy Investor
14%
120 days
Elite Staker
18%
180 days
Invest your $BEAN in our staking pools and watch your rewards grow faster than a fairytale beanstalk!
Staking: Lock in your $BEAN and earn up to 15% extra annually, plus gain access to exclusive event tickets. Pretty cool, right?
Governance: Hold 10,000+ $BEAN and you can help shape the future by voting on new features or games. Become a key player in our swamp!
Golden Goose Rewards: Our top stakers receive "golden eggs" (bonus tokens) every month as a special thank-you. Absolutely amazing!
Governance Voting Power for Long-Term Stakers
The $BEAN Token features a governance voting system integrated into its staking program. This mechanism empowers stakers to impact important project decisions, with voting power determined by the amount staked and the length of the lock-up period.
Voting Power Structure
Quick Start
30 days
1x (Base Level)
Steady Growth
60 days
1.5x
Loyal Player
90 days
2x
Savvy Investor
120 days
2.5x
Elite Staker
180 days
3x
Base Level: All stakers receive a base voting power of 1x for participating in staking.
Lock-Up Period: Voting power increases with longer lock-up durations.
Staked Amount: Voting power is also proportional to the number of tokens staked. The more tokens a user stakes, the greater their voting power.
Voting Rights
Stakers have the right to vote on crucial project decisions, including:
APY Adjustments: Proposals for changes to annual percentage yields for future staking rewards.
Fee Distribution: Decisions regarding the allocation of transaction fees between staking rewards and development funds.
Project Roadmap: Input on strategic decisions related to new features, partnerships, and overall project updates.
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