🕰️ Campaign Info
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âť“ First ever BNB Stake-to-Earn Campaign powered by Galxe (formerly Project Galaxy)
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🗓️ Launch on 6 September 2022
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⚒️ Stake your $BNB on bnb.pstake.finance & use stkBNB in DeFi
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⏳ Overall campaign duration
Phase I - Battle of Stakes → 15 days of staking
Phase II - ReDeFining Staking → 3 weeks of use stkBNB in DeFi & hold
Phase III - Diamond Hands → 3 weeks of hold stkBNB
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đź’° Overall campaign rewards
Bronze tier → 5% in PSTAKE tokens on net BNB staked
Silver tier → 4.5% in PSTAKE tokens on net BNB staked
Gold tier → 4% in PSTAKE tokens on net BNB staked
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🛠️ Brief Campaign Structure
Phase I : Battle of Stakes (6 Sep 2022 to 21 Sep 2022)
- You will be able to stake as much BNB as you want in the ten days from 6 September to 21 September
- Based on your net BNB amount staked in the ten days, you will be categorized in one of the three tiers:
- Bronze → 0.25 to < 5 BNB
- Silver → 5 to < 10 BNB
- Gold → 10+ BNB
- Net BNB amount staked = (BNB used to mint stkBNB - BNB unstaked - Net change in BNB holding from DeFi - Net BNB swapped from DeFi)
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⚠️ Although you can put your stkBNB to use in DeFi in this phase, we would be checking & verifying the on-chain transaction done with respect to DeFi only in Phase II → You will have to do a DeFi transaction in Phase II regardless
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Phase II : ReDeFining Staking (17 Sep 2022 to 7 Oct 2022)
- Post the ten days; you will have to satisfy the following criteria for 21 days to be eligible to receive the first set of your rewards:
- Put any amount of your minted stkBNB in any of the five pSTAKE’s DeFi integrations on BSC:
- PancakeSwap - Provide liquidity in the stkBNB/BNB liquidity pool to earn trading fees
- Alpaca Finance - Borrow assets & leverage farm to earn additional rewards from stkBNB/BNB pool on PancakeSwap
- Beefy Finance - Deposit PancakeSwap stkBNB-BNB LP or ZAP in stkBNB or BNB directly into the vault
- OpenLeverage - Deposit stkBNB as collateral to borrow BNB on leverage and margin trade into stkBNB
- Wombat Exchange - Provide single-sided liquidity for stkBNB on Wombat to earn trading fees, $WOM, and $PSTAKE rewards
- You can’t unstake any amount of stkBNB
- You can’t transfer your stkBNB to any other wallet/contract address than the above four protocols’ wallet address
- You can not withdraw BNB by closing your stkBNB DeFi positions
- You will have a 5-day period to claim the NFT for your initial tier after the end of the first 21-day period
- You will receive your first set of PSTAKE rewards on 13 October 2022
Phase III : Diamond Hands (8 Oct 2022 to 28 Oct 2022)
- To receive your remaining rewards, you will have to satisfy the following criteria for another 21 days:
- You can’t unstake any amount of stkBNB
- You can’t transfer your stkBNB to any other wallet/contract address than the above four protocols’ wallet address
- You can not withdraw BNB by closing your stkBNB DeFi positions
- You will have a 5-day period to claim the Emerald Ultimate NFT after the end of these 21 days