The $PNL Staking is an off-chain feature of the PNL token. By staking $PNL, users can earn PNLg points, receive additional boosts and APY rewards
The PNL Staking allows users to receive substantial PNLg rewards on the spot. The PNLg points earned by staking $PNL can be used to buy allocations in any Sale hosted on the TruePNL Launchpad.
Staking $PNL means locking up PNL tokens for a particular time and allows users to get rewards depending on the number of tokens they stake and the timeframe they choose.
By staking PNL tokens for a certain period of time, users earn PNLg points. For extending a lock-up period of $PNL, users receive additional PNLg boosts and earn more PNL APY(Annual Percentage Yield).
There are 4 options for staking periods: 3, 6, 12, and 24 months. The longer the period of lock-up is, the bigger the rewards of PNLg points and potential allocations in projects hosted on the TruePNL Launchpad.
How to stake $PNL?
To start staking, you need to get $PNL at PancakeSwap, UniSwap, or Gate.io, choose the amount you want to stake, and select a lock-up period: from 3 to 24 months;
Log in to your account, connect your MetaMask wallet, select Binance Smart Chain network and go to the Staking page;
Select a staking period. Check the amount of PNLg points you will receive below;
Enter the amount of PNL you want to stake. You can stake any amount, starting from 1000 $PNL;
The in-built calculator will show the amount of PNLg you'll get, APY, and boost rewards;
Select an amount, a staking period, and hit Stake;
Your PNLg points will be added to your account within the next 10 minutes. The APY rewards of 2-6% in $PNL will be added at the end of the staking period;
The PNLg points you'll receive can be used to participate in any Public or Vested Sale on the TruePNL Launchpad.
IMPORTANT: the staked $PNL tokens can't be unlocked before the staking period is over. By proceeding with staking you acknowledge that you’re locking up your tokens for a specified period of time and can get them back only when the lock-up period you’ve chosen ends.
The $PNL Staking works only on the BSC Network
PNL tokens can be transferred from ETH to BCS Network via the Gate.io bridge. ERC20 and BEP20 $PNL are equal.
The Liquidity Staking feature is not yet available and will be implemented soon.