The lockup durations and interest rates are as follows:
30-Day Term (5.5% APY)
60-Day Term (6.1% APY)
90-Day Term (6.8% APY)
CRA Staking Mechanics
Staking Plans are not Mutually Exclusive
You can stake CRA on multiple plans at once
You can stake CRA to each plan multiples times
Staking Plans are Accumulative
When a user stakes CRA over multiple instances for the duration of a single term,
- The staking amount is accumulative, and
- The end-date of the lock period will remain the same as when the plan was first started
Rewards are Accumulative
Reward amount is based on the duration that the CRA was staked in the plan
Reward amount can be claimed when the lockup term has been completed
Staked CRA and Plan Rewards are received at the end of the plan
CRA staked in the plan will be automatically unstaked upon claiming your rewards.
To restake the CRA simply start another plan
Below is an example scenario of how CRA is accumulative on the same term, and how the reward amount is calculated:
Day 0: Alice stakes 100 CRA for 30-Day Term.
Total Stake = 100 CRA, Lock Period ends on Day 30.
Day 5: Alice stakes 200 CRA for 30-Day Term:
Total Stake = 300 CRA, Lock Period ends on Day 30.
Reward1 = 100 CRA * 30 Days
Reward2 = 200 CRA * 25 Days (from Day 5 to Day 30)