Staking

The current Staking APR is fixed at 10%.

Once staked, Investors are subjected to 30 days timelock upon request to withdraw. More details available below.

Unstaking Procedure

Unstake

As a safety mechanism to protect the community from “Post-IDO Dump” and to promote long term support for both OXB and launched projects, a 30 days timelock will be in effect upon a request to unstake. Investors who chooses to unstake will:

  • be forfeited from IDO qualification, rendering investors unable to contribute in the project.
  • not able to claim tokens should the request to unstake is made before the project’s Token Generation Event. There will be no refunds, even if successful contributions have already been made.
  • only be able to withdraw their tokens in full after 30 days.
  • incur a 30% penalty of the total staked amount, should the investor decides to request for an emergency unstake without the 30 days timelock. (ie: Only 70% of initial total staked amount will be returned.)

Harvest

An Investor can choose to ONLY claim the rewards from the staking pool whilst leaving the principal stake untouched. The rewards are yielded according to the APY and amount of OXB v2 staked..

You are welcome to harvest at all times, but do note that gas fee for transaction will still incur. Rewards are accumulated, hence there’s no difference in OXB amount received between harvesting at the end of the week and harvesting daily. However, the former will have better efficiency as less gas fee was spent (one transaction vs 7 transactions).

OXB Tier Model

OXB_Posting_Table-01.jpg

Qualifying

Qualifying for Tier 1

To qualify for a Guaranteed and High allocation of the IDO tokens, investors would be required to:

Stake and maintain 8,000 OXB v2 tokens until token generation event.

Qualified Investors will have a pre-allocated time to contribute to the project contribution pool.

Each qualified address will only be eligible for ONE transaction.

Details of the Staking cut-off, Contribution timing and allocation will be updated respectively at the Project Medium or Project Contribution page .

Qualifying for Tier 2

To qualify for a Guaranteed and Medium allocation of the IDO tokens, investors would be required to:

Stake and maintain between 1,000 - 4,000 OXB v2 tokens until token generation event. Allocation size will be proportioned based on the amount of tokens staked.

Qualified Investors will have a pre-allocated time to contribute to the project contribution pool.

Each qualified address will only be eligible for ONE transaction.

Details of the Staking cut-off, Contribution timing and allocation will be updated respectively at the Project Medium or Project Contribution page.

Qualifying for Tier 3

For a Small allocation of tokens, interested Investors will need to stake and maintain at least 50 OXB v2 Tokens and complete a Whitelisting form to stand a chance to qualify for the IDO.

The project contribution pool shall be opened to the whitelisted address public and contributions are strictly on a first come first serve(FCFS)** basis.

Claiming Tokens of Contributed Projects

Upon successful contribution, eligible investors will be able to claim tokens according to the project’s respective vesting schedule as indicated at the project claim pool.

Unclaimed but vested tokens will accumulate and remain available to all eligible investors.

Please be advised that data migrations are currently ongoing and should there be a claim missing from the Project Claim page, investors may reach out to our mods or visit Oxbull’s v1 website: https://v1.oxbull.tech/#/token-claim