How does Houdini Swap’s Staking Program work?

Earning Rewards: By staking $LOCK tokens, holders earn additional $LOCK as rewards.

Fully Funded System: The staking program is fully funded to ensure long-term sustainability in reward distribution.
Transaction Fee Revenue: Houdini Swap earns commission rebates, approximately 0.50%, on each transaction from its exchange partners. 0.45% of these earned fees are directed in ways which enhance token value
Allocation of Fees: 50% of the total allocation is used to buy back $LOCK on market with 80% of these LOCK tokens being burnt and the balance distributed as staking rewards. The other 50% of total allocation is sent to public marketing wallet where it is accrued to fund expenses relating to marketing activity.

Last updated 8 days ago

Earning Rewards: By staking $LOCK tokens, holders earn additional $LOCK as rewards.

Fully Funded System: The staking program is fully funded to ensure long-term sustainability in reward distribution.
Transaction Fee Revenue: Houdini Swap earns commission rebates, approximately 0.50%, on each transaction from its exchange partners. 0.45% of these earned fees are directed in ways which enhance token value
Allocation of Fees: 50% of the total allocation is used to buy back $LOCK on market with 80% of these LOCK tokens being burnt and the balance distributed as staking rewards. The other 50% of total allocation is sent to public marketing wallet where it is accrued to fund expenses relating to marketing activity.

Last updated 8 days ago