Staking

An integral component of both the Satori ecosystem and the DeFi concept, “staking” is presented with a visionary interpretation of the Satori platform.

Satori's staking program is designed to offer a range of benefits and enticing rewards to platform users and $SATORI holders, which in turn bolster the stability of the Satori ecosystem's value. Satori promotes participation and sustainability within the ecosystem by engaging users in staking activities, thereby enhancing the deflationary setup and value of the $SATORI token, as well as contributing to the growth of the platform's TVL.

On Satori, users can stake their BRC20 tokens and $SATORI tokens on EVM networks and earn rewards in $SATORI tokens and other BRC20 tokens.

For the staking program, 15,000,000 $SATORI tokens are allocated. The $SATORI token, already equipped with a deflationary nature, is further enhanced with additional deflationary features through the Satori staking program.

Satori staking offers various lock-up periods, EWFs, and different APYs tailored for each staking program.

• Staking Periods: 4 distinct staking periods: 14, 30, 45, and 60 days are planned. Each period has its own corresponding APY and EWF rates.

• Early Withdrawal Fee & Deadlines: Different early withdrawal deadlines and EWFs will be applied for each staking program. $SATORI tokens received as EWF are burned and deducted from the total supply. Certain factors, such as the inability to unstake before the designated deadline and the implementation of EWF, drive users to stake for longer durations. This not only promotes longer-term commitment but also reinforces the deflationary nature of the $SATORI token.

• Restake Bonus: Users who participate in the 45 and 60-day staking programs will receive an additional 12% APY on top of the existing APY rate if they choose to continue in the same staking program without unstaking.

Staking Program Details

• 14 days – 15% APY - Early withdrawal is available after 3 days with a 3% EWF.

• 30 days – 36% APY – Early withdrawal is available after 7 days with a 6% EWF.

• 45 days – 48% APY – Early withdrawal is available after 10 days with a 12% EWF.

• 60 days – 72% APY – Early withdrawal is available after 14 days with a 15% EWF.

Let's say a hypothetical user stakes 1000 $SATORI tokens in a 45-day program. This user cannot unstake during the first 10 days. After the 10th day, the user can unstake with a 12% EWF. If this user further stays in the staking program for 45 days, the user can earn rewards. If this user continues and re-stakes in the same program without withdrawing the reward tokens, the user will benefit from a 60% APY instead of the initial 48%. The re-stake function, which can also be described as a form of compound interest, incentivizes users to stake for extended periods, thereby offering greater benefits to stakers and accelerating the growth of the platform's TVL.