{"id":84790,"date":"2022-08-01T11:26:59","date_gmt":"2022-08-01T11:26:59","guid":{"rendered":"https:\/\/xana.net\/blog\/staking-functions-explained\/"},"modified":"2024-02-28T06:14:34","modified_gmt":"2024-02-28T06:14:34","slug":"staking-funtionalties","status":"publish","type":"post","link":"https:\/\/xana.net\/blog\/staking-funtionalties\/","title":{"rendered":"Understanding $XETA Token Staking Functions"},"content":{"rendered":"<h2>\u3010Regarding Staking Functionality\u3011<\/h2>\n<p>This is an announcement for $XETA token holders only.<br \/>\nPlease read and understand the content carefully before participation.<\/p>\n<h3>\uff11. Features of $XETA Staking<\/h3>\n<ul>\n<li><strong>True Yield<br \/>\n<\/strong>The Staking also opens up True Yield. This yield is shared from the real economy (sales, trading, leverage, etc.).It is called True because it is shared from actual economic value, not supply from Vesting.<\/li>\n<\/ul>\n<ul>\n<li><strong>\u00a0XETA staking model<br \/>\n<\/strong>Staking in $XETA is permanent. During the campaign period, staking allows you to benefit from the ecosystem, and You can remove your stake (unstake) at any time.Unstaking within 14 days of the start of the stake will incur a penalty, which feeds into the Tax pool, further increasing the True yield for long-term stakers.<\/li>\n<\/ul>\n<h3>\uff12. Basic Rules of Staking<\/h3>\n<p>Please be sure to check the manual below for all the details of the staking rules and operation procedures.<\/p>\n<ul>\n<li><strong>Staking Operation Manual<br \/>\n<\/strong><a href=\"https:\/\/docs.google.com\/presentation\/d\/1VfSSM1i-LWwjqRHqaNquME0G19Q_7NBBL5sk3RVeVAA\/edit?usp=sharing\">https:\/\/docs.google.com\/presentation\/d\/1VfSSM1i-LWwjqRHqaNquME0G19Q_7NBBL5sk3RVeVAA\/edit?usp=sharing<\/a><\/li>\n<\/ul>\n<ul>\n<li><strong>About the ticket to be earned as a staking reward.<br \/>\n<\/strong>You can earn &#8220;tickets&#8221; by staking (depositing) $XETA tokens during the campaign period.These tickets can be redeemed for a variety of\u00a0 Treasure Box\u00a0 rewards that can be used throughout the XANA ecosystem, including the Metaverse App, Land, and NFTDUEL built on XANA.<br \/>\n\u203bThese Treasure Box range from rare Land drops to the ability to acquire common items that can be used in XANA games, as well as whitelisting rights.<\/li>\n<\/ul>\n<ul>\n<li><strong>Campaign Period<br \/>\n<\/strong>Staking consists of a total of 30-day cycles: 14 days for the Campaign Period, 2 days for the Join Ruffle Period, and 14 days for the Cooldown Period. Staking during the campaign period earns tickets ( Staking is not allowed during the JOIN RUFFLE and Cooldown periods).<\/li>\n<\/ul>\n<ul>\n<li><strong>JOIN RUFFLE PERIOD and COOL DOWN PERIOD<br \/>\n<\/strong>After the 14- day Campaign has elapsed, The Join ruffle period begins (a countdown of 48 hrs remaining) the&#8221;JOIN RUFFLE&#8221; button will get displayed for 2 days. Users can enter the Ruffle by clicking the button. In order to redeem (consume) the ticket and participate in the &#8221; draw (=RUFFLE),&#8221; you must apply for participation (=JOIN RUFFLE) within the 48-hour time limit in order to receive the Treasure Box. In the cooldown period, a draw will be held only for those who &#8220;JOIN RUFFLE&#8221; in exchange for (and consume) their tickets. The drawing method is done by calculating the percentage of the total number of tickets applied as a whole to the number of tickets he\/she has applied and the winner is randomly picked.(The more tickets you apply for, the higher the chance of being selected.)<\/li>\n<\/ul>\n<ul>\n<li><strong>\u203b Users can Unstake XETAs which are in staking at any time.<\/strong><br \/>\nUnstaking within 14 days of the start of the stake will incur a penalty, which will feed into the Tax pool, further increasing the True yield of the long-term staker.<\/li>\n<\/ul>\n<h3>\uff13. Staking Start Schedule<\/h3>\n<p>The Staking will consist of a &#8220;=campaign period of 14 days,&#8221; a &#8220;JOIN RUFFLE period of 2 days,&#8221; and a &#8220;CoolDown period of 14 days&#8221; for a total cycle of every 30 days.<\/p>\n<p><strong>1) Time and Date<\/strong><\/p>\n<p><strong>First Cycle\uff08UTC time\uff09<\/strong><\/p>\n<ul>\n<li>Campaign Time\uff1a08.01 10:00\u301c08.15 10:00<\/li>\n<li>Join RufflePeriod\uff1a08.15 10:00\u301c08.17 10:00<\/li>\n<li>COOLDOWN Period\uff1a08.17 10:00\u301c08.31 10:00<\/li>\n<\/ul>\n<p><strong>Second Cycle\uff08UTC time\uff09<\/strong><\/p>\n<ul>\n<li>Campaign Time\uff1a08.31 10:00\u301c09.13 10:00<\/li>\n<li>Join Ruffle Period\uff1a09.13 10:00\u301c09.15 10:00<\/li>\n<li>Cool Down Period\uff1a09.15 10:00\u301c09.29 10:00<\/li>\n<\/ul>\n<p>\u203bThe above cycle is repeated every 30 days<\/p>\n<p><strong>\uff12\uff09The following 5 Treasure boxes will be awarded in the first cycle campaign.<\/strong><br \/>\n1. Land NFT<br \/>\n2. XANA: GENESIS NFT<br \/>\n3. RARE WEARABLE NFT<br \/>\n4. IN-GAME COINS<br \/>\n5. DEEMO WHITELIST<\/p>\n<p><strong>3) Staking Site<\/strong><\/p>\n<p><a href=\"https:\/\/staking.xana.net\/\" target=\"_blank\" rel=\"noopener\">https:\/\/staking.xana.net\/<\/a><\/p>\n<p><strong>4) How to use Staking\u00a0<\/strong><\/p>\n<p><a href=\"https:\/\/docs.google.com\/presentation\/d\/1VfSSM1i-LWwjqRHqaNquME0G19Q_7NBBL5sk3RVeVAA\/edit?usp=sharing\" target=\"_blank\" rel=\"noopener\"><\/a><\/p>\n<p><a href=\"https:\/\/docs.google.com\/presentation\/d\/1VfSSM1i-LWwjqRHqaNquME0G19Q_7NBBL5sk3RVeVAA\/edit?usp=sharing\">https:\/\/docs.google.com\/presentation\/d\/1VfSSM1i-LWwjqRHqaNquME0G19Q_7NBBL5sk3RVeVAA\/edit?usp=sharing<\/a><\/p>\n<p>For any inquiries, please feel free to contact us through xana.net chat support.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u3010Regarding Staking Functionality\u3011 This is an announcement for $XETA token holders only. Please read and understand the content carefully before participation. \uff11. Features of $XETA Staking True Yield The Staking also opens up True Yield. This yield is shared from the real economy (sales, trading, leverage, etc.).It is called True because it is shared from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":94050,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"swell_btn_cv_data":"","_locale":"en_US","_original_post":"https:\/\/xana.net\/blog\/staking-functions-explained\/","footnotes":""},"categories":[25],"tags":[],"class_list":["post-84790","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xeta","en-US"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Understanding $XETA Token Staking Functions - XANA Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/xana.net\/blog\/staking-funtionalties\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Understanding $XETA Token Staking Functions - XANA Blog\" \/>\n<meta property=\"og:description\" content=\"\u3010Regarding Staking Functionality\u3011 This is an announcement for $XETA token holders only. 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