> For the complete documentation index, see [llms.txt](https://chirppad.gitbook.io/guide/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://chirppad.gitbook.io/guide/chpd-staking/fixed-term-staking.md).

# Fixed-term Staking

Staking method which allows participants to choose various staking pools with higher APR (Annual percentage rate) than Standard Staking. Requires to lock $CHPD for a certain time period and has a 1% unstake fee if participant chooses to unstake before the pool maturity is reached. Most importantly, by locking $CHPD tokens you'll be eligible to receive allocation boost multipliers which will help to increase your chance to buy more tokens during IDOs. 

There are 4 different Fixed-term staking pools available on ChirpPad which grants allocation boost multipliers:

<mark style="background-color:red;">Be advised!</mark>

{% hint style="info" %}
APR varies depending on the duration and total number of pool participants.&#x20;
{% endhint %}

30-day: 1.5x allocation boost, 3.5% APR, 3 day withdrawal delay

60-day: 1.75x allocation boost, 5.5% APR, 5 day withdrawal delay

90-day: 2.5x allocation boost 7% APR, 7 day withdrawal delay

180-day: 5x allocation boost 9% APR, 10 day withdrawal delay

<mark style="background-color:red;">Be advised!</mark>

{% hint style="info" %}
Unlike Standard Staking each Fixed-term Staking pool has a withdrawal delay which varies from 3 to 10 days. Users are required to wait until the maturity date to retrieve their initially staked $CHPD tokens; however, they can withdraw their APR earnings whenever they choose.
{% endhint %}

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