Solster (STR) Staking Now Available on BitMart Exchange
BitMart Exchange is pleased to announce that Solster (STR) Staking is available on BitMart Staking starting from October 1st, 2021. Through BitMart, every user can stake STR and earn up to 30% rewards on a monthly basis.
1. How to Participate
- STR Staking is available to BitMart registered users only. (Register Now)
- Deposit at least 1500 STR into your BitMart STR wallet.
- Hold your STR for at least one month to get your first reward.
- The estimated annual yield of up to 30%.
>>> Deposit STR | Buy STR
2. Staking Rewards Calculation
STR staking distribution is calculated as follows:
- STR generated by each user = Total STR staking rewards received by BitMart * User’s STR holdings ratio.
- User’s STR holdings ratio = User’s STR holdings / Total STR staked by BitMart.
3. Staking Rewards Distribution
STR rewards are calculated daily and distributed monthly. Distributions will be completed before the 9th of each month.
For example, if User A stakes at least 10,000 STR on Oct 1, 2021, he/she can expect the first monthly staking rewards to be calculated based on the average daily holdings from Oct 1, 2021, to Oct 31, 2021, and distributed no later than November 9, 2021.
There will be a new round of the staking rewards calculation on the 1st day of each month.
4. About Solster (STR)
Solster Finance is an ecosystem on Solana that helps investors to diversify their decentralized finances (DeFi). Solster ecosystem incorporates IDO Launchpad for Solana projects, decentralized exchange (DEX) for crypto trading, DeFi swap, token staking, token vesting, and lottery platform.
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