Cyberperp aims to maximize earnings and APRs for all holders and liquidity providers.
Staking
Project tokens allow their holders to participate in staking mechanisms.
CYB Token Buyback & Staking Rewards
A total of 30% of trading fees from CyberLP swaps and leverage transactions are used to buy back CYB tokens, creating constant buy pressure on the CYB token. These bought-back CYB tokens are then distributed to stakers of the CYB - IOTA LP.
By staking CYB - IOTA LP, you:
Earn CYB tokens from the buyback mechanism.
Benefit from continuous buy pressure that supports the value of CYB.
This system ensures ongoing rewards and stability for stakers, further incentivizing participation in the CyberLP ecosystem.
Staked CyberLP position gives you rewards as:
Iota rewards
Trading fees from leverage transactions are transformed into IOTA token and distributed to stakers of CyberLP pool. As a result, by staking cyberLP, you can earn IOTA. It's important to note that the allocated fees are based on the remaining amount after deducting referral bonuses and keepers' network costs, which usually account for around 1% of the total payments.
Claiming the fees
By claim the fees, the contract will dispatch all your awaiting escrowed CYB incentives and IOTA fees directly to your wallet. You can vest your esCYB whenever you want, with 3 month duration.
Distribution
For staked tokens, rewards are given out every second.
