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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  • Staked tokens cannot be withdrawn until the lock period ends.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

  1. Go to the Wallet Dashboard.
  2. Click "Stake" in the staking section.
  3. Enter the amount of JIT you want to stake.
  4. Select the staking duration (short-term or long-term options available).
  5. Review the estimated rewards based on the current APY.
  6. 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

  1. Go to the Staking Section in the Wallet Dashboard.
  2. Click "Unstake" on your active staking contract.
  3. Confirm the unstaking request – the locked tokens will be released after the staking period ends.
  4. 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.