Staking JIT: Earn Rewards & Grow Your Holdings
Stake your JIT tokens to earn passive rewards and contribute to the ecosystem's stability.
In this article:
- Overview of JIT Staking
- How Staking Works
- Staking Rewards & APY Structure
- How to Stake JIT Tokens
- How to Unstake JIT Tokens
- Staking Lock Period & Withdrawal Rules
Overview of JIT Staking
Staking JIT allows users to earn passive income by locking their tokens in a staking contract. In return, stakers receive monthly rewards, while also supporting the ecosystem's liquidity and stability.
Key Benefits of Staking JIT:
- Earn Rewards: Receive staking incentives in JIT tokens.
- Compounding Growth: Reinvest rewards to increase long-term holdings.
- Ecosystem Support: Helps stabilize the platform's liquidity.
- Flexible Staking Durations: Choose between different staking terms with varying APY rates.
How Staking Works
When you stake JIT, your tokens are locked in a staking smart contract for a set period. During this period:
- Staked tokens cannot be withdrawn until the lock period ends.
- Rewards are distributed monthly based on the Annual Percentage Yield (APY).
- Unstaking before the lock period may result in a penalty or forfeited rewards.
Staking Rewards & APY Structure
Staking rewards are calculated based on the Annual Percentage Yield (APY), which may vary depending on market conditions and staking duration.
Staking Tiers:
- Shorter staking durations offer lower APY but provide more flexibility.
- Longer staking periods offer higher APY rewards, incentivizing long-term holders.
- APY rates are subject to adjustments based on market performance and staking participation.
How to Stake JIT Tokens
- Go to the Wallet Dashboard.
- Click "Stake" in the staking section.
- Enter the amount of JIT you want to stake.
- Select the staking duration (short-term or long-term options available).
- Review the estimated rewards based on the current APY.
- Confirm the transaction – your tokens will be locked in the staking contract.
Once confirmed, staking rewards will start accumulating based on the selected APY.
How to Unstake JIT Tokens
- Go to the Staking Section in the Wallet Dashboard.
- Click "Unstake" on your active staking contract.
- Confirm the unstaking request – the locked tokens will be released after the staking period ends.
- If you unstake early, penalties may apply depending on the staking contract terms.
Staking Lock Period & Withdrawal Rules
- Minimum Staking Period: Staking durations vary based on user preference.
- Rewards Distribution: Paid monthly to your wallet.
- Early Unstaking: If you withdraw before the staking period ends, rewards may be forfeited.
- Auto-Restaking Option: Users can enable auto-restake to reinvest rewards automatically.
Staking JIT offers a secure way to earn passive income while supporting the ecosystem's growth. Choose a staking duration that aligns with your investment goals to maximize rewards.