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: 0.40% of the commission fees earned by Houdini Swap are allocated to enhancing token value
Allocation of Fees: 50% of this allocation is used to buy back $LOCK on market. 80% of these $LOCK buybacks are burnt with the balance distributed as staking rewards. The other 50% of the allocation is sent to a public marketing wallet where it is accrued to fund Houdini Swap marketing activity.

Last updated 13 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: 0.40% of the commission fees earned by Houdini Swap are allocated to enhancing token value
Allocation of Fees: 50% of this allocation is used to buy back $LOCK on market. 80% of these $LOCK buybacks are burnt with the balance distributed as staking rewards. The other 50% of the allocation is sent to a public marketing wallet where it is accrued to fund Houdini Swap marketing activity.

Last updated 13 days ago