Staking Rewards
Last updated
Last updated
Users have the opportunity to earn stake rewards by staking their $TRIP tokens. 18% of the total token supply is allocated to a reward pool which is distributed linearly over a period of 3 years as monthly rewards. Rewards are distributed on a monthly basis and to ensure a healthy emission, stake rewards decrease each year.
To incentivize long-term staking and compounding interest, additional rewards are provided. If a user withdraws their stake early and breaks their staking promise, a deduction will be applied, and the additional rewards earned will be returned to the reward pool. However, users have the flexibility to create an unstake request at any time and receive their tokens within 1 week.
It is important to note that while users are investing in launchpad pools, they can unstake within the limitations of the launchpad before the distribution of interest. This program serves to encourage active user participation in the TripFinder ecosystem, increase token trade volume, and incentivize users to hold their $TRIP tokens.
