πIntelligence Staking
Intelligence Staking is an innovational play-2-earn model for SAN Token Holders
Every two weeks according to SanR βepochsβ (competition cycles) we distribute a reward fund to people who have 1) staked SAN on the SanR Network and 2) have signals with positive performance. Payout includes 10% of the total staked SAN among SAN holders
To partcipate, simply lock some SAN in the staking contract (withdrawable) and open some good signals!
Improve your trading skills by getting some extra motivation to create profitable signals.
You only risk your time while getting a strong stimulus to trade profitably. Be rewarded every time you succeed.
How it works
Each epoch we distribute a staking rewards fund among SAN token holders.
People who stake SAN tokens and realize positive performance receive payouts at the end of the epoch.
Staking reward size depends equally on the personβs total positive performance and number of coins staked.
Those with negative performance do not receive payouts.
Staking inside the SanR Sidechain
You can easily add and withdraw SAN tokens from the SanR sidechain using our bridge.
Staking timelock - until the end of the epoch
If you wish, you can automatically prolong staking into the next epoch or withdraw SAN at the end of an epoch.
Increase the size of the Stake at any time
You can increase the amount of SAN tokens in Staking at any time. The minimum deposit is 500 SAN.
Only performance made after tokens are staked will be calculated in the payout
This rule is necessary to maintain payout fairness and prevent manipulation (such as increasing the staked deposit on an account with already high performance).
This rule also gives those who have negative performance a chance to close their signals, open new ones and take another shot at getting a payout for the epoch.
How do I get started in the Intelligence Staking?
2. Deposit SAN on the SanR bridge via Metamask or a similar crypto wallet
3. Wrap the deposited SAN tokens to enable staking
4. Lock a number of coins in the βStakeβ tab
5. Get a staking payout, take the coins out of staking or extend for another epoch
Note: The regular league competitions will still be ongoing as usual.
Frequently Asked Questions
What is the size of the Intelligence Staking rewards fund?
Every epoch we distribute an Intelligence Staking rewards fund equal to 10% of the tokens locked in staking. There is an upper limit to the size of the fund; right now it is no more than 10,000 SAN tokens per epoch. The upper limit can be increased if there is a significant increase in funds locked in staking.
What is the minimum staking size?
500 wSAN.
How do I withdrawal coins out of staking?
To withdraw coins from staking, wait until the end of the epoch and all signals from the epoch are closed. Then specify the amount and complete the withdrawal before opening any new signals.
How is the payout calculated between participants?
A peek at our payout formulas
R β $SAN Reward pool or 10% of S (whichever is smaller in value)
S β Total $SAN staking pool contributed by players
s β Number of your staked $SAN tokens
P β Total sum of the positive performances of all participants
p β Individual forecast performance (only positive performances will receive rewards)
k β Coefficient value (currently at 10%)
Is there a payout for participants with zero or negative performance?
No, only participants with a positive performance receive payment.
Do you count performance made before tokens are staked?
No. Performance of signals opened before staking are not taken into account. We advise people to close open signals first, then stake, then open new signals.
Last updated
