Staking Reward Structure
Last updated
Last updated
ReFi Protocol is introducing a baseline staking APY for any tokenholder of REFI. This baseline will initialize at 5.5% APY and will be a variable rate reviewed at each quarter. There will be no maximum supply staked per wallet and we expect long term holders to allocate funds here to earn passively.
At the launch of our V1 platform, pCRBN NFTs will be made available for purchase for 125,000 REFI. Each NFT represents the temporal ownership of a portion of a carbon project. By purchasing an NFT, users will be funding sustainable project development, verified and managed by ReFi Protocol.
ReFi Protocol seeks to mould financial interest with sustainable impact, therefore by purchasing a pCRBN NFT:
• Users will gain access to multiple different staking pools each with different staking periods with up to 110% APY.
• Provide genuine traceable sustainable impact.
• Gain a permanent collectible NFT signifying their contribution to the environment.
Access to this staking pool will be for as long as the temporal ownership period stored within the metadata of the NFT. There will also be maximum staking allowance of 750,000 REFI per wallet to ensure there is no takeover of the project’s governance by whales.
ReFi Protocol has designed our reward structure to encourage users to lock their REFI tokens into our staking pool for longer durations to earn better rewards. This approach systematically increases the Total Value Locked (TVL) and stabilizes the value of the REFI token, incentivizing long-term investment and participation.
The following is a breakdown of the staking reward structure:
Open to all REFI holders is a staking pool with a baseline 5.5% APY.
Purchasing a pCRBN NFT unlocks the following APY:
• Locking Period for 30 Days — 35% APY.
• Locking Period for 60 Days — 65% APY.
• Locking Period for 90 Days — 110% APY.
