$CRUST and $zCRUST
$CRUST and $zCRUST
Staking Rewards
CRUST & zCRUST can be staked to earn a share of fees as rewards. The rewards share is based on the total sum of CRUST & zCRUST that is staked.Your staked CRUST & zCRUST entitles you to the following 7 benefits:
Receive discounted trading fees as per the fee discount table
Earn $zCRUST from each $CRUST buyback equivalent to 10% of the total perpetual fees
Earn 5% of the total fees in $USDT generated by the perpetual exchange fees
Earn 40% of the total fees generated by the spot exchange fees (Future)
Earn $zCRUST from each $CRUST buyback equivalent to 30% of the total spot fees (Future)
Earn 30% of the fee share of the OTC trading platform (Future)
Earn ecosystem rewards (depends on chain and subject to change)
Reward Cycle 0 will pay out a fixed amount of $zCRUST rewards for $CRUST & $zCRUST stakers.
Vesting $zCRUST
Your $zCRUST can be deposited into the vesting contract in order to claim the same amount of $CRUST which is unlocked continuously throughout a 6 months linear vesting period. $zCRUST that is staked for vesting cannot earn rewards. Note: If any amount of $CRUST is claimed or any amount of zCRUST added to the vesting contract, it'll reset the vesting period.All vested $zCRUST rewards are provided by the $CRUST buyback model.
$zCRUST Contract Address:
TokenFarm
The TokenFarm contract has a hard coded max limit for staking cooldown duration of 4 weeks and a max vesting duration for $zCRUST of 700 days.The TokenFarm contract rewards are loaded in specific intervals by the $CRUST team. In a scenario where a Token farm contract runs out of rewards, all attempts to claim will fail.
TokenFarm contract:
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