Herbalist Token HERB Staking Form,
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https://docs.google.com/forms/d/e/1FAIpQLSeiJ_5mWVu1q_xlB96o1KLy_XQJbc6BK2tR97r2qIv9JDpyDA/viewformHERB is a process that rewards token holders by simply keeping their tokens in their digital wallet. There will be lock-in commitment for staking and a participating token holder should not move or transfer his/her staked tokens from his registered wallet to any wallet during the staking period program. However, any token holders are free to cancel their participation anytime and have the tokens available for withdrawal, doing so will disqualify them in the staking program rewards and benefits. In any case that stockholders decided to stop participating and withdrew their tokens, and later decided to stake again, eligibility date will be reset to the new date of enrolment.
Token holders must stake at least 10 million HERB tokens stored in their own wallet (which they own the private keys) to qualify in the staking program. HERBs stored in exchange wallets are not entitled for the said rewards or benefits. Furthermore, HERBs in their registered wallets that are not being moved in and out are the only HERBs qualified for the staking benefits. The staking period and reward system is stated below.
How does it work?
For example:
If a Token holder A holds 10 Million HERBs for 90 days, he/she is entitled to receive 5% (500.000) HERBs as a reward.
If a Token holder A holds 20 Million HERBs for 90 days, he/she is entitled to receive 15% (3.000.000) HERBs as a reward.
When the 180 day maturity is reached, the prize A can receive is 30%.
When the 270 day maturity is reached, the prize A can receive is 45%.
The maximum reward that Stock holder A can get is 60% once he reached the maturity of 360 days or more.
The date on which the form is completed is valid.
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