Stake
Stake your XLV to increase the rate of your IDO shareholding and IDO participation
Passive Income with APY
Stake your XLV for passive income and in order to increase the rate of your IDO shareholding and IDO participation.
Here are the rates according to staking amount and duration:
Staking Privilege for IDO Shareholding
IDO Shareholding functions as a method of redistribution, providing XLV holders with the unique opportunity to acquire IDO tokens launched on various platforms without any additional payment or individual involvement. Once an investor accumulates a sufficient number of tokens, starting from 2 thousand XLV, to qualify for premium access, the purchased IDO tokens are distributed among all holders, taking into account their holdings and additional rate-increasing methods like staking or NFT ownership.
Funds in investment wallet is allocated to secure guaranteed tiers on the most prominent launchpads with substantial ROI, as well as the IDOs launching on them. This approach ensures that even small amounts accumulate to generate the necessary funds for acquiring these tiers, which are then redistributed to the holders.
When XLV holders stake their tokens, they receive an additional 10% on the rate at which IDO tokens are distributed. For example, if the total IDO Shareholding participants collectively hold 100 thousand tokens and a Alpha Tier holder possesses 2,000 XLV (any amount between Tiers considered as the lower Tier amount), the holder normally receives a share of 2/100 of the purchased IDO tokens. However, when staked, the calculations transform into 2 * 1.1/100 + (2 * 0.1).
It's crucial to note that the duration and amount of staking do not impact this percentage increase, ensuring a consistent and fair distribution method for all participants.
Staking Privilege for IDO participation on LaunchVerse
When holders stake their XLV, they get additional 10% on the IDO participation rate they have.
Ex: If a holder holds 2 thousand XLV. Without any additional mandatory task, he/she has Tier 1. So, Beta Tier one pool Weight 2/10. If a Beta Tier holder stakes his/her XLV additionally to the system, he/she gets additional 10% on the pool weight special for him/her. So, the pool weight reflects as 2.2/10 for the Tier 1 holder who stakes the XLV. Staking will generate 10% increase on the rate of IDO shareholding & IDO participation shares.
The time and amount of stake doesn't make any change on this percentage increasing.
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