Stake FAQ

What Is the Annual Percentage Rate (APR)?

Annual percentage rate (APR) refers to the yearly interest that is calculated on a current tax and distribution basis

What is fixed staking?

Users need to lock their tokens to get rewards, during the “Staking period” usually stated as 30, 60, 90, 180 days, or 365 days.

What is meant by Max Stake Limit?

It is possible to stake tokens up to a certain max limit.

Is it possible to stake more than the maximum stake?

No

How soon will the staking rewards be received?

Every 300 blocks completed in the contract will result in a reward when an event occurs(usually every 15 minutes).

Which cryptocurrency will be received as a reward?

IFV token will be received as a reward cryptocurrency.

What are the options for staking more than the max limit?

Enable Flexible Stake to stake unlimited and unstake it anytime without penalty.

Is it possible to withdraw IFV tokens during the locking period?

Yes, it is possible to withdraw your staked IFV token anytime if you don’t have been rewarded more than staked token

What is the penalty and when it will apply?

When the staked token is withdrawn within the locking period there 50% of the earned reward is deducted as a penalty, you will receive the principal & 50% of the earned reward.

What is the Flexible Stake Enable?

Flexible stake enable/activation allows limit-free and penalty-free staking, Staker are as well qualifying for a referral and level rewards(these all benefits depend on the flexible package).

Which currency is needed to enable flexible stake?

Will needs IFV tokens of dollar value.

How much tax is payable on reward harvest?

The Harvest will be 20% taxed.

When can harvest available reward tokens?

Anytime