🔗Staking

Single deposit is a simple and safe deposit method that allows you to earn interest income on only one asset. If you are a user who deposits KLAYDAO in a single pool, you can earn KLAYDAO interest according to the real-time rate of return. In addition to the deposit income, additional KLAYDAO rewards are distributed according to the contribution of a single pool depositor to liquidity supply, providing a higher return than any single asset deposit service/protocol in the digital asset market.

More About Single Staking

Plus deposit mutual structure, asset utilization, interest payment, and asset return are all safely processed through automated smart contracts. In addition, KLAYDAO creates a separate safety fund related to single deposits to safely manage the assets and profits of single pool depositors. The safety fund is a financial resource that accumulates fees collected from positive depositors who exceed a certain safety standard. will return instead. As a result, single depositors can safely enjoy the opportunity to generate profits by minimizing the risk of asset loss.

Deposit and Withdrawal Policy

• Users can freely deposit tokens and freely withdraw the distributed interest at any time. In addition to token interest income, rewards are additionally distributed as contributions to deposits, and the total return of each single pool is the sum of the return on the deposit + the return on the KLAYDAO distribution.

• The deposit yield (%) and KLAYDAO distribution yield (%) of each single pool are real-time fluctuations, and vary according to the pool's total deposit size, deposit/utilization status, and the number of KLAYDAO distributions per day.

• Upon initial deposit, you must complete an authorization transaction for each token, and you can proceed with deposits upon completion of the transaction.

• 80% of the accumulated interest paid by the positive depositors is distributed to a single pool staker, and 20% is accumulated as a reserve, which will be used as a reserve fund for KLAYDAO buyback and burn in the future.

• Interest according to the real-time rate of return is accumulated on the deposited asset (principal), and when withdrawing, you can withdraw including the accumulated interest income so far.

• In the event of a balance change (additional deposit/withdrawal), the KLAYDAO reward distributed up to that point will be automatically received in your wallet.

• The cost of utilization (%) for each single pool depends on the pool activation rate, which indicates how many positive depositors are currently utilizing the asset.