JulSwap Staking

JulSwap
4 min readDec 5, 2020

What is JulSwap Staking and how does it work?

JulSwap Staking presents you the option to stake your crypto tokens into JulSwap’s Staking Contracts to receive live rewards for your deposited crypto, when there are rewards available for our community.

How is the ROI calculated for each Staking Pool?

The rewards for each Staking Pool will be deposited by the project token team (JUL, OBR, VOX, etc…) into the Staking Smart Contract pool. The Deposited Rewards will be distributed to the Stakers in a predetermined timeline.

The JULb and JFT Staking pools will have rewards distributed every 7 days and the SLP Token Staking Contracts will have rewards distributed every 90 Days.

Example:

100% of the deposited staking tokens = 1.00 JULb

Remaining pool run time = 5 days

Full amount of remaining rewards = 9.96 JULb

9.96 JULb remaining rewards will be distributed in 5 days / 1 because there is just one deposited token at that time

= 9.96 JULb for 1 token / 5 days

= 1.992 JULb rewards per day for 1 deposited token

= 199.2% ROI per day

Should someone deposit 1 additional JULb into the Staking Contract today, the ROI per day will then decrease to 99.6% per day. The staking amount increases when the ROI gets smaller. The staking amount decreases when the ROI get higher, as there are more rewards available at that time.

Which Staking Pools are available for the Start?

  • JULb
  • JFT
  • SLP JULb / BUSD
  • SLP BNB / BUSD
  • SLP BNB / VOXb
  • SLP JULb / BNB
  • SLP BNB / OBRB

How do we pay the staking rewards?

  • JULb Staking: Each Week on Saturday or Sunday, the Just Liquidity team will buy back the given staking tokens with our Farming Fees. JULb will be bought back from the market and will be distributed into the JULb Staking Contract. The Rewards are distributed in real time and will be available to you as long as you have tokens deposited in the staking contract.
  • JFT Staking: To allow our JULb Farmers the option to stake as well, we integrated the JFT Token. Whenever you withdraw your JULb rewards from the JULb Farming contract, you will receive the same amount of rewards additionally in the form of JFT tokens, which can be used to stake. Every Week on Saturday or Sunday the Just Liquidity team will buy back tokens with our Farming Fees. JULb will be bought back from the market and will be distributed into the JFT Staking Contract. The Rewards are distributed in real time and will be available to you as long as you have tokens deposited in the staking contract.
  • SLP Token Staking: To Farm SLP Tokens you need to provide Liquidity into the selected JulSwap Liquidity Pool. For example, the SLP Staking contract JULb/BNB, you will need to provide Liquidity into the following contract:

https://info.julswap.com/pair/0xccfe1a5b6e4ad16a4e41a9142673dec829f39402

When you provide liquidity, you will receive SLP Tokens back which you can use to stake in our JulSwap Staking contract.

These Rewards are paid from our Marketing Budget should the Rewards come in the form of JULb. Should the Rewards come in the form of some other currency, then we are talking mainly about the rewards from the Projects themselves.

“We will stop executing weekly token burns and in turn will use these token rewards to increase our staking rewards for our community!”

How many Staking Rewards can one get weekly in the JULb and/or JFT Staking pools?

For example, we have a total supply of 100,000 JUL of which 30,000 JUL are farmed and 70,000 JUL are staked. In this case, we will distribute 70% of the tokens from the buyback rewards into the JULb Staking pool and 30% into the JFT Staking pool.

Read More about the JULb Buybacks:

How often can I claim the staking Rewards?

You can claim as often as you would like to receive the rewards without a time limit.

Minimum or Maximum Staking?

There is no Minimum or Maximum Staking Amount.

Can I lose my Tokens which I staked in the Staking Contract?

No, you can’t lose your Tokens which you deposited into the Staking Contract but the value of the tokens might change while it had been kept in the staking pool.

Will there be more Tokens available to stake in the future?

We are always working to increase our Staking Portfolio. We will continue to announce upcoming staking pairs when they become available.

What is the Difference between Farming and Staking?

In the farming process your deposited liquidity is used to increase the liquidity in JulSwap interface or the Uniswap interface, which can create in the worst case scenario an impermanent loss. Staking means that you can deposit your Tokens into a Smart Contract which will remain there as long as you have your tokens in the staking pool. We cannot use your tokens for anything outside of the staking pool.

Join JulSwap Staking with your Project:

If you are a project owner and you’d like to provide your community the possibility to stake their JulSwap SLP Tokens which are generated in your Trading Pair; and you’d like to reward them, then please contact us on Telegram (https://t.me/justliquidity) or Email (support@justliquidity.org) and we’ll help you create a great service for your users.

Links:

Presentation: https://docdro.id/2Y656j6

GitHub: https://github.com/justliquidity

Telegram: https://bit.ly/2QVJJwW

Coingecko: https://coingecko.com

CMC: https://bit.ly/3byW4Ri

Web Staking and JulSwap: https://julswap.com

Web Farming: https://justliquidity.org

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