DAN DOCS
  • 🚀WELCOME TO THE $DAN DOCS!
  • 🤷‍♂️WHO THE FOOK IS $DAN?
  • 💰STAKING & REWARDS
    • ❓What is LOCKED STAKING?
    • 🔓How To Stake Your $DAN
    • 🤑Extended Stake Multipliers
    • 🤔How does the PASSIVE INCOME work?
    • 💲How To Claim Your Staking Rewards
      • Quarterly XRD Payouts
      • Extended Lock Bonus
    • ❔More Questions?
  • 🤖THE $DAN TRADING BOT
    • 🤔Technical Stuff
    • 🔑How Do I Gain Access To The Bot?
    • 🤝How Does This Help $DAN?
    • 🔨How Do I Set It Up?
      • Setup Your Profile
      • Sign Up For Blofin
      • Create a BLOFIN API Key
      • Fund your Blofin Account
      • Fund Fee Account
      • Select Risk Profile
  • 🤝THE $DAN COMMUNITY COUNCIL
    • THE $DAN CONSTITUTION
    • How Will The Transition Work?
    • Voting For Council Members
    • The Future of $DAN
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  1. STAKING & REWARDS

How does the PASSIVE INCOME work?

$DAN rewards it's staked holders with quarterly XRD rewards raised through cross-chain investments

YOU MUST BE STAKED 30 DAYS PRIOR TO A SCHEDULED PAYOUT TO BE ELIGIBLE FOR THAT PAYOUT!

80% of our profits each quarter is distributed to our staked holders, while the other 20% is reinvested to continuously grow our investment fund

THE TEAM / COUNCIL TAKES NOTHING! The people on top earn XRD just like anyone else in this community

Each staked holder will receive a share of the total amount distributed according to how much $DAN they have staked

The equation used to determine your share of the payout is as follows:

  • (Your amt of staked DAN / Total amt of staked DAN) x Total XRD raised that quarter = YOUR CLAIMABLE XRD PAYOUT

For example, if you staked 10M DAN and the total amount of DAN staked by the entire community is 100M, you're stake counts as 10% of the total amount staked and therefore you'll receive 10% of the total XRD payout

Let's move on to how you CLAIM your rewards!

PreviousExtended Stake MultipliersNextHow To Claim Your Staking Rewards

Last updated 5 months ago

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