💰Staking Rewards
Staking rewards are a critical component of the ProfitRocket AI ecosystem. They serve as an incentive mechanism to encourage token holders to "stake" or lock up their tokens in a smart contract for a predetermined period. By doing so, token holders contribute to the stability and security of the network while earning additional tokens as rewards.
How Staking Works
Token Locking: Token holders can choose to stake their PRAI tokens by sending them to a designated staking smart contract.
Time Commitment: Staked tokens are locked in 30-day increments.
Reward Distribution: Staking rewards will be distributed once per month on the same day the profit distributions are paid.
Reward Calculation: The staking rewards are calculated based on the proportion of tokens each staker has in the pool. For example, if you stake 1% of the total staked tokens, you would receive 1% of the monthly staking rewards.
Claiming Rewards: Token holders can claim their staking rewards at the end of their staking period.
Benefits of Staking
Passive Income: Staking provides token holders with a way to earn additional tokens without active participation.
Network Security: By staking tokens, holders contribute to the overall security and stability of the ProfitRocket.ai platform.
Community Engagement: Staking fosters a sense of community and collective ownership among token holders.
Risk Mitigation
To protect against potential losses, ProfitRocket AI maintains a 5% loss prevention fund. This fund serves as a financial cushion to offset any underperformance by the AI trading bots, ensuring that staking rewards remain consistent.
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