Locking of CITRO tokens occurs on the basis of epochs. Each epoch lasts for a week. If users decrease their locked amount during an epoch, they decrease the rewards they would have received.
Rewards are distributed at the end of each epoch based on the amount of tokens locked and the length of time they were locked. By following the rules of the staking program and keeping tokens locked until the end of the epoch, users can expect to be fully rewarded:
Where:
User's reward per epoch - rewards that a specific user will receive per week when locking a certain amount of CITRO tokens into a specific pool
k - Tier number
Reward pool per epoch - rewards distributed from the reward pool each week
Tier k - percentage of the , which is distributed depending on the Tier of the lock.
min( User's active $CITRO amount ) - daily minimum active CITRO amount locked for a week
min (Total users active $CITRO amount k) - daily minimum active CITRO amount locked among all users in the for a week
Below is an example of how rewards are calculated for a user participating in the multi-tier staking program:
User John has 5K CITRO (1 CITRO = $1) in his account. John chooses a pool based on the number of tokens he plans to lock up - 5,000 CITRO (if 1 CITRO = $1). He deposits his tokens into the Tier 2 pool (1,000 - 10,000 CITRO).
Available Benefits:
Reward Pool: Let's assume the reward pool is 1,000 CITRO for the week.
Tier 2 Allocation: Let's assume the distribution of stacked tokens in the current epoch is similar to the distribution from the example. Then the Tier 2 pool accounts for 25.35% of the total reward pool. Therefore, Tier 2 is allocated 253.5 CITRO (1,000 CITRO * 25.35%).
John's Share: The total tokens in the Tier 2 pool remained at 50,000 CITRO during the week, with John contributing 10% of this amount (5,000 CITRO / 50,000 CITRO). As a result, John receives 10% of the Tier 2 rewards, which equates to 25.3 CITRO (253.5 CITRO * 10%).
Launchpad Access: During the week, a new project decides to launch its tokens on the Citronus Launchpad. John wants to participate in this campaign. Since he, as a participant of the Tier 2 of staking program, has access to launchpad, John buys tokens of this new project.
Referral Rewards Boost: John invited his friend to the Citronus platform. After John's friend starts trading, John will receive 15.00% of the commissions paid by the friend.
The implementation of a multi-tiered motivation system will allow token holders to gain additional benefits from using Citronus CEX, while the protocol will establish a long-term user base.