How To Earn Rewards By Staking Your DCB Tokens
On August 13th, 2021 — Decubate’s staking functionality will go live. This article explains how the staking process works.
What is staking?
Crypto staking gets its name from the proof-of-stake consensus mechanism that some cryptocurrencies utilize. The term has expanded to refer to locking tokens up in some way in return for rewards (think high yield savings account).
Decubate staking pools overview
Decubate is offering three fixed staking pools to DCB token holders. Lock your DCB, get rewarded!
Decubate Advantage Pool
- Reward: 10%
- Capacity: 2,500,000 DCB
- Lock Period: 30 Days
- Max Stake: Unlimited
Decubate Signature Pool
- Reward: 14%
- Capacity: 2,500,000 DCB
- Lock Period: 30 Days
- Max Stake: 20,000 DCB per wallet
We’ve included anti-whale measures as part of our Signature Pool. Staking is capped at 20k DCB tokens per wallet, allowing a more democratic approach for the whole community.
Decubate Elite Pool
- Reward: 22.5%
- Capacity: 3,500,000 DCB
- Lock Period: 90 Days
- Max Stake: Unlimited
How To Get Started
You must own DCB tokens to participate in staking. If you don’t own DCB, you can buy tokens from PancakeSwap here.
For current DCB holders, here’s how you can start staking right away.
Step 1: Visit Decubate’s Staking Dashboard: https://platform.decubate.com
Step 2: Connect Your Wallet — MetaMask or TrustWallet (Android Only)
Step 3: Scroll down to “Staking Pools” and click on the “→ Button” to open a pool
Step 4: Enter the amount that you want to deposit into the selected pool and press the “Deposit Button.” Remember to leave some BNB in your wallet to pay the transaction fee to deposit.
Step 5: Approve the transaction in your wallet.
Step 6: Congrats, you’re done! Your rewards will be automatically accumulated.
Note: You can continue to deposit DCB until the pools are filled. Once the pools are filled, there will be no possibility to deposit further until new pools are announced.
FAQS
Where can I buy DCB tokens?
You can buy DCB tokens from PancakeSwap here
Enter the DCB contract address into the “Select a currency” field: 0xEAc9873291dDAcA754EA5642114151f3035c67A2
Where can I view my rewards?
Your rewards can be viewed in the Rewards section of the Staking dashboard. Rewards are calculated per block, meaning you will immediately start receiving rewards after you’ve completed your DCB deposit.
When can I claim my rewards?
Rewards can be claimed once the lock period has ended. The lock period is either 30 or 90 days depending on pools you participated in. Once the lock period has ended, the “Claim Button” will activate and you’ll be able to claim your rewards.
When can I withdraw my deposit?
You can withdraw your deposit once the lock period has ended. Withdrawing your deposit will also claim all your accumulated rewards. In the future, we may introduce additional withdrawal options that are more flexible.
Will you have more pools in the future?
Yes, we have more pools planned with additional benefits for community members.
About Decubate
Decubate is a community-powered investment platform that is bringing the $3 trillion global startup economy on-chain. Decubate pairs traditional web2 startups with the financial and promotional capital of community members to fuel their web3 success. Learn more at www.decubate.com
