πŸ”΅ SWP staking program is open

Written by S-Group
Updated 1 year ago

πŸ”₯ We inform you that S-Wallet cryptocurrency wallet has opened SWP token staking program. All registered users of S-Wallet can participate in the staking program, provided they create a deposit of 100 SWP or more.

Details of the SWP staking program:
1st staking pool ( Open 12.27.2022 - Closed 12.28.2022)
πŸ›‘ Deposit term 180 days, APY - 70%.
πŸ›‘ Deposit term 360 days, APY - 80%.

2nd staking pool ( Opened 12.28.2022 - )
πŸ›‘ Deposit term 180 days, APY - 60%.
πŸ›‘ Deposit term 360 days, APY - 70%.

*APY — annual percentage yield.

❗️You can create a staking deposit in the “Staking” section of the mobile app or the web version of S-Wallet.

Additionally:
1. The maximum deposit amount is 50 thousand at a time. Thus, there can be a few deposits or more.
2. Transfer of accruals to the balance at the end of the staking period. Thus, after 180 or 360 days.
3. Staking on 180 days - 50% of the deposit (allocation) is taken into account for participation in S-Pad projects.
Staking on 360 days - 100% of the deposit (allocation) is taken into account for participation in S-Pad projects.
4. Calculation formula:
1000(SWP)*0.8*360/365=789 SWP
1000(SWP)*0.7*180/365=345 SWP
5. The pool is limited for each staking (180 and 360 days.) Thus, there are 2 of them.

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