As you know from the tokenomics, 24% are allocated as staking rewards. Let’s take a closer look on how it will work and what are the benefits for those staking their CHARGED tokens.
To make sure everyone in the community has at least one option that fits their staking strategy, we decided to implement two different types of staking pools:
- Flexible term – you can unstake anytime with a period of 10 days for unbond.
- Fixed term contract with higher APR, lottery and other benefits.
If flexible term staking seems a good fit for you, then you’ll be able to choose from two pools with different rewards:
- “Flexible Staking” – 15% APR, rewards paid in CHARGED token, no commitment, you can unstake anytime with 10 days unbonding period. Minimum amount to stake = 1 CHARGED.
- “Advertising Screen Time” – 3% APR + Screen time. For each 2000 CHARGED staked for 1 day, users will receive 1 second of screen time on 1 device. For example, a user has 6000 tokens staked for 100 days. The result will be: 6000/2000 * 100 days * 1 second = 300 seconds.
These 300 seconds can be used to run a:
- 100 seconds commercial on 3 stations
- or a 300 seconds commercial on a single station
- or a 10 seconds commercial on a single station for 30 times
By choosing fixed staking contract, you’ll be able to stake in 3 different pools:
- “180 days locked” – 25% APR, rewards paid in CHARGED, fixed contract for 180 days, minimum amount of 2000 CHARGED to be staked.
- “360 days locked” – 30% APR, rewards paid in CHARGED, fixed contract for 360 days, minimum amount of 2000 CHARGED to be staked.
- “720 days locked” – 35% APR, rewards paid in CHARGED, fixed contract for 720 days, minimum amount of 2000 CHARGED to be staked.
Above described benefits for fixed staking pools, there will be a lottery with Electric Vehicle Chargers as prizes. How does it work? Right after the public sale, we’ll start taking random snapshots for each fixed staking contract. Each 2000 CHARGED tokens staked in one of the pools will be taken into consideration as a lottery ticket. For example, if you have 10000 CHARGED staked, this means you’ll have 5 tickets. The number of prizes per pool will be allocated as follows:
- 1 E.V. chargers for “180 days locked” staking pool.
- 2 E.V. chargers for “360 days locked” staking pool.
- 3 E.V. chargers for “720 days locked” staking pool.
But there’s more! By choosing to stake in a fixed contract pool, you’ll receive also other benefits and perks:
- priority access to our app.
- mechanism to receive free power bank rentals.
- priority access to buy E.V. chargers.
- buy E.V. chargers by paying with CHARGED.
- priority access to buy power bank station in franchise.
- buy power bank station in franchise with CHARGED.
How you can buy Electric Vehicle chargers and power bank sharing stations with CHARGED?
We believe community is an important pillar in our business. For early adopters, we’re implementing a buy mechanism for E.V. chargers and power bank sharing stations with few options. User will be able to choose which one fits better for their needs:
- Pay with CHARGED – dedicated for those supporters that are skin in the game. To be eligible, users will have to stake the full amount of CHARGED tokens won in the public sale lottery in one of the fixed staking contracts.
- Pay with CHARGED + FIAT – dedicated for those members that stake at least 2000 CHARGED in one of the fixed term contracts.
- Pay with fiat, discounted price – dedicated for those members that want to have a discounted price and pay with fiat. To be eligible, users will have to stake at least 2000 CHARGED in one of the fixed term staking contracts. The discounts will be calculated as follows:
– 10% discount for staking contract “180 days locked”
– 15% discount for staking contract “360 days locked”
– 20% discount for staking contract “720 days locked”
To recap, CHARGED token will unlock the following utility:
- Pay for E.V. charging in GoCharge platform and ecosystem
- Pay for power bank rentals in GoCharge platform and ecosystem
- Stake and receive rewards
- Participate in raffles and airdrops
- Partner discounts
- Buy E.V. chargers from out platform
- Buy power bank sharing stations in franchise
- Buy screen time in our network of power bank sharing stations