📈CHPD staking

How to stake $CHPD tokens?

Visit https://chirppad.ai/ and find the Staking section ➡ Fixed-term Staking or Standard Staking ➡ Connect your non-custodial wallet (MetaMask, Trust Wallet, Coinbase etc.) and follow the further instructions.

What is Fixed-term Staking?

Staking method which allows participants to choose various staking pools with higher APR (Annual Percentage Rate) than Standard Staking and grants allocation boost multipliers (for more info about the pools check staking page).

Does Fixed-term Staking provide an allocation boost?

Yes, allocation boost varies in range from 1.75x up to 5x, depending on the pool participants have chosen.

How does the allocation boost mechanism work?

It is pretty straightforward! Staking 1000 $CHPD in a 180-day pool allows a user’s allocation to be calculated as if they had staked 5000 $CHPD (5x boost).

What is Standard Staking?

Staking method which allows participants to earn rewards passively. Participants can change their mind anytime and switch to Fixed-term Staking to enjoy greater benefits. (for more info about the pools check staking page).

Does Standard Staking provide an allocation boost?

Unfortunately no, allocation boost is available only for participants who have chosen Fixed-term Staking, but there is an option to buy allocation boost multipliers with your $CHPD tokens.

Can I participate in upcoming IDO’s if my tokens are staked in ChirpPad’s Standard Staking pools?

Yes, but you won't get any allocation multipliers for staking $CHPD. Withdrawals are free and instant, but withdrawing before the maturity date will forfeit any accumulated rewards.

How to participate in liquidity mining and earn additional $CHPD tokens?

Liquidity mining events are going to be announced at a later stage.