Token Staking
Last updated
Last updated
Token staking involves "locking up" your $CATBOY tokens for a period of time as a way of contributing. In exchange, stakers can earn rewards, in the form of additional $CATBOY tokens.
The token staking currently offers a single pool with a 30-day lock period. This means once you stake your tokens, they’ll be locked in the pool for the full duration. After 30 days, you can claim your rewards.
If you choose to claim your tokens before the timer ends, a 15% fee will apply. You can stake your $CATBOY on both Ethereum and BSC. Make sure you are connected with the right EVM Chain once you connect your wallet.
There’s no multiplier involved. We simply deposit tokens into the pool, and they will be distributed equally among all stakers. If fewer people stake, the more you’ll earn. The more people stake, the less you’ll earn — it all depends on demand.