๐ธFlap Staking Overview
Stake your Flap coins to earn passive BNB rewards through PancakeSwap V3 pools, while automatic coin burns support a deflationary coin economy.
Flap is introducing a staking feature designed to reward coin holders through our PancakeSwap V3 liquidity pools.
How it works:
Under PancakeSwap V3 liquidity pools, 1% of trading fees are continuously collected after the coin is listed on a DEX (decentralized exchange). These fees are collected in both BNB and the coin itself. To incentivize both project teams and coin holders, Flap will distribute 70% of the fees collected in BNB to coin holders. By staking their coins on the Flap platform, holders will be able to continuously earn a share of the V3 fees, paid out in BNB. Additionally, Flap will automatically burn 100% of the fees collected in coin through a contract to drive the coin towards a deflationary model.
Staking Rewards
Flexible Staking: Users can stake their coins, add to their staked amount, or withdraw their coins at any time.
Reward Calculation: The rewards earned are directly proportional to the amount and duration of the stakeโthe more and the longer you stake, the higher your rewards.
Auto-Claiming Rewards: Every time additional coins are staked or withdrawn, the staking rewards are automatically claimed.
BNB Rewards: Staking rewards are paid out in BNB.
APR Display: The displayed APR is an estimate based on the previous dayโs trading volume. This is not a real-time reflection of the yield but rather an indicative potential return.
Coin Burn Mechanism
Automatic Coin Burn: 100% of the coin portion from V3 trading fees will be automatically burned through a contract on a regular basis.
Permanent Deflation: Burned coins are sent to a "black hole" address, effectively removing them from circulation. This burn mechanism introduces a deflationary coin supply, reducing the total supply over time and potentially increasing the coinโs value.
Flap's staking feature not only provides coin holders with passive income through BNB rewards but also ensures long-term value appreciation through a deflationary mechanism. Stake your coins on Flap to maximize your rewards and support a sustainable coin economy!
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