Welcome to the NeoCortexAI Staking Program!
Hello Neo thinkers, we are pleased to announce that our staking platform will be going live very soon.
Here is a step-by-step process given below to stake your CORAI and start earning rewards.
This guide will walk you through the CORAI Staking concept and the CORAI Staking interface. Make sure you understand and read the important points below before you proceed.
Once you become familiar with these concepts and the staking interface, you will be able to send your CORAI tokens from your wallet to the CORAI staking platform.
The NeoCortexAI staking program is designed for our Partners, IDO participants, and new CORAI holders.
Connect to the NeoCortexAI staking platform through our website https://www.neocorteai.xyz.
Here are some of the important information regarding our staking platform:
- We have 3 staking pools with a 90 days lockup period.
- Each pool has a maximum and minimum staking requirement
- Depending on the maximum and minimum token staking, we offer three APR.
- There will be a 7% unstaking fee on all pools
- There will be a 10 days grace period after the 90 days lockup period, users must initiate the unlock transaction and wait for the grace period to end to be able to claim their token.
The process to stake your CORAI tokens will be divided into two parts
Staking your token
- Visit our website and click on the staking link. You will be directed to the staking site.
2. Connect your wallet to the staking site to start the staking process. Don’t forget to set your network to the BNB chain.
3. Once you have connected to the site you will see all the pools. We have three pools offering various APR according to the APR. You can select the pool you would like to stake by clicking on the drop down button.
Silver Pool with 50% APR, the minimum stake is 1000 CORAI and the maximum stake is 50,000 CORAI.
Gold Pool with 70% APR, the minimum stake is 100,000 CORAI and the maximum stake is 500,000 CORAI.
Platinum Pool with 100% APR, the minimum stake is 600,000 CORAI and the maximum stake is 6,000,000 CORAI.
4. After selecting the desired pool, you can now stake your CORAI token. Now enter the amount of CORAI you would like to stake.
5. To stake the token the smart contract will ask for your approval to use your CORAI token for staking.
6. You can give the approval for the usage of the token and the amount you would like to approve.
7. Once you have the approval you can now stake your CORAI. Congratulations! You have successfully staked your CORAI token.
8. Your staked CORAI will be shown on the top. You can stake multiple times as long as the pool is not full. The status bar shows how much each pool is filled.
Unstaking your token
- After the 90 days lockup period, to unstake your token, select the pool you have staked. You can click on the unstake button to initiate the unlocking of your CORAI tokens and rewards.
2. Once you have unlocked your token, the 10 days grace period starts (remember that you cannot claim your token unless you have initiated the unlock token function and start the 10 days grace period)
3. Once the grace period is over you can now claim your tokens and your rewards, a 7% fees unstaking fees will be deducted from your claim. You would now have claimed both your locked and reward tokens.
The 7% fees are distributed as follows:
- 2% will be burned
- 2.5% will go to the liquidity
- 2.5% will go to the reserve
Happy staking!
