Stake DACKIE earn DACKIE

Tl;dr: DackieSwap has now expanded our services to include a new DACKIE Pool on Base, providing users with two distinctive staking options: you can either choose the flexibility of unstaking anytime with our Flexible Staking, or earn higher rewards by committing to a Locked Staking period. Choose the option that best suits your investment strategy on the Base ecosystem.

‘Flexible’ and ‘Lock’ Staking

DackieSwap allows you to earn more $DACKIE tokens effortlessly by staking your DACKIE tokens in our pool without any deposit fees on Base. We provide two convenient staking options: Flexible and Locked staking.

Flexible staking enables you to stake your DACKIE tokens and reap rewards while maintaining the freedom to unstake at any moment according to your convenience.

On the other hand, Locked staking is designed for those who aim to maximize their yield. By committing your staked DACKIE for a selected period, you can earn a progressively boosted yield compared to Flexible staking.

Both these staking methods are part of the same pool, offering the simplicity of switching between the two as per your needs. Moreover, while opting for Locked staking, you can also engage in Flexible staking concurrently.

Flexible Staking

Simply stake your DACKIE and sit back! Your DACKIE rewards will be automatically calculated, distributed, and added to your staking balance, with just a minor fee deducted.

If you have DACKIE staked in flexible staking

• ✅ Add more DACKIE to flexible staking

• ✅ Harvest rewards any time

• ✅ Withdraw any time (fees apply for the first 72 hours, see below)

• ✅ Convert all staked DACKIE in flexible to locked staking

• ❌ Add DACKIE to locked staking if you have any DACKIE in flexible staking

• ❌ Convert part of the staked DACKIE in flexible to locked staking

Unstaking fee

• 0.1% if you unstake (withdraw) within 72 hours.

• Only applies within 3 days of manually staking.

• After 3 days, you can unstake with no fee.

• The 3-day timer resets every time you manually stake more DACKIE in the pool.

• This fee only applies to manual unstaking: it does not apply to automatic compounding.

Performance fee

• 2%, subtracted automatically from each yield harvest.

  For example, if you harvest 1 DACKIE, then 0.02 DACKIE would be subtracted from the performance fee.

How to use Flexible Staking

Firstly, navigate to the 'Pools' section and select the 'Flexible' option, after ‘Enable’ for its contract.

Specify the number of $DACKIE tokens you wish to stake and then click 'Confirm'.

Once completed, your DACKIE tokens will be staked and rewards will be compounded automatically. There's also an option labeled 'Convert to Lock', which we will describe in detail below.

Locked Staking

Commit your DACKIE tokens to stake for a predetermined period to maximize your returns and enjoy bonus benefits! Be aware that your DACKIE rewards will be locked in conjunction with your staked DACKIE, and will only become accessible once the staking duration concludes.

• No performance fees

• The longer you lock, the higher the boost applied to the yield! Always offering a higher yield compared to flexible staking!

• DACKIE rewards will unlock, along with your staked DACKIE when your lock duration expires

• Once staked in locked staking, you cannot withdraw until the end of your lock duration.

• 🎁 Enjoy benefits such as:

  • 🚜 Staking in Special Pools/NFT Pools

  • 🛍️ Join IDO special projects

  • 🌐 Priority to participate in new features

If you have DACKIE staked in locked staking

• ✅ Add more DACKIE to locked staking

• ✅ Extend the locked period

• ✅ Perform flexible staking concurrently

• ❌ Harvest rewards

• ❌ Withdraw before the locked staking ends

How to use Locked Staking

There are two ways to join Locked Staking. The first way is illustrated in Picture 2 above; you can simply click on the 'Lock' button next to the 'Flexible' button. Alternatively, you can convert from Flexible Staking to Locked Staking by clicking on ‘Convert to Lock’

After selecting a specific lock-in period (ranging from 1 week to 52 weeks), click 'Confirm' to lock your DACKIE tokens. Following this action, you'll be presented with a screen as depicted below.

In Box 1, you can either add more DACKIE tokens or extend the lock-in period.

Your current DACKIE profit and yield boost multiplier are displayed in Box 2.

After you've joined Locked Staking, you also have the option to participate in Flexible Staking concurrently. This is displayed in Box 3.

Conclusion

In conclusion, the Dackie Staking Pool offers an innovative and flexible way for token holders to maximize their investment returns. With two distinct options - Flexible Staking and Locked Staking - it caters to the different risk tolerance and investment horizons of various users.

Flexible Staking is designed for those who prefer liquidity and flexibility, allowing stakers to withdraw their tokens at any time.

On the other hand, Locked Staking offers higher yield potential for those who are willing to lock their tokens for a predetermined period.

The opportunity to participate in both staking types concurrently further amplifies the user's earning potential. Additionally, the automatic distribution of DACKIE rewards into the staking balance simplifies the process and enhances user experience.

Therefore, the Dackie Staking Pool is a robust and efficient solution for those looking to optimize their crypto investments on Base.

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