Rubic Staking Rounds Updates
Dear Rubicans! Our team is thrilled to announce Round 3 of the Staking Program, which starts in the coming months. BRBC holders can get rewards with up to 14% APR during the Round. Let’s take a closer look at all the conditions and benefits of Rubic’s Staking Program and updates on the Round 2 of Rubic Staking.
Third Round of BRBC Staking
To continue our tradition, we would firstly like to share with you the main points about our upcoming BRBC Staking Round:
- The predicted APR is 14% for those who lock their assets for 6 months and 11% APR for those who lock their assets for 3 months.
- Rubic will distribute the rewards in BRBC tokens on a daily basis.
- The Staking contract will be deployed on the BNB Chain.
- The Total Staking Pool will be 15,000,000 BRBC.
- Duration: 6 months.
Staking is run by pools with a limited maximum deposit amount and a limited time, which makes it possible to set a predictable APR. Thus, the number of addresses in each Staking pool is limited.
Users will get xRBC tokens (BEP-20) as a guarantee of their participation in Staking.
Second Round of BRBC Staking Update
On April 30th 23:59 UTC, Round 2 of the Staking Program ends. During the second Round of Staking, our users have received a fixed APR of 30% during the whole duration.
Any user who has participated in Round 2 of Staking will get an extra 20% of the rewards that the user receives until the withdrawal of funds (e.g., today) or the end of the Staking Round, due to a change in conditions. This compensation will be accrued after May 7th.