Phase 2 Staking Details ($STB IBO)

Phase 2 Staking Details ($STB IBO)

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  1. Staking Start Time: August 7th, 2:00 PM (UTC+8)

  2. In this phase, $Seal staking only supports L2 (CKB chain) and does not support the Bitcoin mainnet.

  3. Each staking transaction fee is 397 $CKB (refundable). Of this, 253 $CKB is used for BTC time lock and will be automatically refunded to the user upon unlocking; 144 $CKB is used as space occupation fee for airdropping $STB. If users stake multiple times, this fee will be charged for each staking transaction.

  4. There are two staking pools, both using linear staking, where early staking means early unlocking.

    1. 30-day staking pool, sharing 6% of the total $STB

    2. 60-day staking pool, sharing 12% of the total $STB

For example, in the 30-day staking pool from August 7th to September 6th, User A can choose to stake at any time within this period. Once staked, $Seal is automatically locked and cannot be withdrawn until the full 30 days are completed. The staking pool closes on September 6th, at which point the total staked amount is calculated, and the proportionate $STB airdrop for each user is determined. Users who stake at the earliest on August 7th will have their $Seal and $STB airdrop unlocked first after the staking pool closes on September 6th; users who stake last on September 6th will have their $Seal and $STB airdrop unlocked last on October 6th.

Both staking pools start simultaneously, so users participating in the 30-day staking pool can continue to participate in the 60-day staking pool after their staking period ends. However, please note that unlocking is based on BTC block height rather than exact time. Therefore, users who participate in the 30-day staking pool on the last day (September 6th) may not have enough time to participate in the 60-day staking pool. It is recommended to stake early. If a user participates in the 60-day staking pool first, they cannot participate in the 30-day staking pool afterwards.

5. $Seal Unlocking and $STB Airdrop Method

The unlocking process for $Seal and the $STB airdrop method remain the same as Phase 1. After unlocking, $Seal will automatically return to the user's wallet, and $STB will be automatically airdropped to the user's wallet.