Happy Monday 401jK Fam!!!
We spoke to Hello Moon our staking developer and all the changes are officially implemented within the staking protocol
We have a new rewards structure at
12 months: 1.15x 6 months : 1.07x 3 months: 1.03x
This is a much decreased rewards structure compared to the last but that is because we left the high initial rewards structure open for a long time.
There is a possibility in the future that we will increase these rewards again, and if we do that we can retroactively increase the rewards of the people that are choosing to stake now with these changes
The cap for staking will be at 100 million tokens for now ....currently there are 75 million tokens staked.
Any questions please reply in this thread. Cheers!
15% is still so bullish on a 1 year period! If you are here for the long run, then it is definitely worth it to stake! Thanks to the community for facilitating this! ❤️
Couldn’t agree more
401jk will retire us all!
Let’s go!
This is awesome!
Bullish ! thank you santa!
Mmm.... yeah. I'm gonna need to be in for another stake then!
https://preview.redd.it/v9k2ttivnt8g1.jpeg?width=1280&format=pjpg&auto=webp&s=5f241418d6f546fd6a72775ac27ebe007ba69d12
But I'm not working Saturday!!
Retirement plans hope for 7-10% annual return (at best) and still charge 1-2% annual fees… and 401jk is out here with 15% rewards? Yes please
Awesome
Yeah 15% is still epic. If I hadn’t had made it into the first batch I’d have been hitting that hard.
Bullish afff