FORC Staking
Last updated
Last updated
FORC staking enables holders of our token to (1) earn recurring rewards and (2) qualify for certain activities.
Investors (users) need to stake >=2500 FORC to take part in fundraising activities. These users receive a quarterly token distribution following token buybacks but do not get any additional recurring rewards.
Larger FORC holders (>150.000) become “Dividend earners” and qualify for additional staking rewards resulting from fundraising fee revenues, as well as a daily dividend distribution.
Users can also qualify as Curators by staking >50.000 FORC, 6 months after our launch. By doing so they can apply to curate projects and a share of the platform’s fees resulting from a successful launch of a project they curated. More information on the role of Curators can be found here.
Aside from the above staking model, we also intend to offer time-bound staking programs for holders, active participants, curators, and the rest of the community.
Staked funds can be redeemed at any time without consequences. Withdrawing funds from time-bound staking programs before their expiration date will incur a 0,5% fine and will result in the withholding of expected staking rewards.