Rules designed for safety transaction and staking your funds. You must follow them so as not to get into trouble. Staking environment in this website, is very simple and intelligible that users can read fast to know procedures of working in TERRA Network staking. All terms and conditions, are in accordance with TERRA Network society, includes Terra Stations (main network founded by TERRA Labs), Terra Classic Revitalization Project, Terra Developers community and any other legal and related societies may be added in future by main network. So, all terms that exist now and it will may be updated, is supported and acted in this website. For example last rule in Terra Classic coin (LUNC) network, is a tax to burn a little coin in every exchange and on-chain transactions that applied by main network. Our default belief is users know those rules and act with the full acquaintance of TERRA Networks terms and conditions.
In Addition, for better staking, we have our own rules that guarantee all of users reach benefits more as more in safe environment and can earn money more as long as stake funds in this website. These rules determine variable Indexes such as: monthly profit, staking period, overtime rewards, play games to earn money and etc that it will may be updated and changed periodly. Rules apply for users when they send request to website and we accept and give response to them, so not will change in staking time. After finishing of staking time, if user wanted to stake again, the updated rules apply for him.
So in below we explain our terms and conditions for a good staking:
1) The main monthly profit is 1.33 percent. But by growing staking time we increase the monthly profit. The table below explain the periods staking time and benefits in each other.
Profit Information Table
Plan | Staking Months | Monthly Profits | All Profits |
Plan1 | 3 Months | 1.33% | 4% |
Plan2 | 6 Months | 1.50% | 9% |
Plan3 | 9 Months | 1.56% | 14% |
Plan4 | 1 Year | 1.67% | 20% |
Plan5 | 2 Years | 1.75% | 42% |
2) The minimum value for staking is various on different coins. This value will may be changed to lower/higher at future based on price of coins, volume market cap and any other features. Now, atleast value for Terra Classic coin is 50,000 LUNC, Terra Classic USD stable coin is 400 USTC and Terra coin is 10 LUNA.
3) In staking time, we can not refund your staked cryptocurrencies or increase/decrease profits. So you must think first then stake your funds. After stake your funds, you must wait until complete passage of staking time.
4) In staking time, we have not any responsibility of changing price of staked cryptocurrencies. Any changing in price, supply, halting network and any other variations is out of our duty. In these cases, we and all users, referred to main network of each cryptocurrency. All decisions of main network is accept from us and users, too.
5) Any others differences will judge based on website rules and main network terms and conditions. But there, in this website and our belief, is reaching more benefits for users. So we try to have simple and very good rules that help users to reach money as possible as.
6) Every month we will pay monthly profit (proportional to user-selected plan) to staking address that user sent funds in first day. In another words, the Identity of each person in this website is his/her wallet address that sent funds to stake. After finish staking time, if user will not send any new staking request, we refund all staked funds to the same wallet address of the user.
Note: All profit payments are exactly same cryptocurrency that user staked first day.
7) All transactions and information in this website is safe and unknown. Everything that know from user is a wallet address that send/pay cryptocurrency to that.
8) If the user loses her/his wallet, we have not any responsibility for this happening and all payments will be based on the wallet address that sent staked money to us. The user wallet address will not be changed under any circumstances. So be careful to take care of your wallet information in your privacy.