Introducing PC Earn: Unlock Rewards by Staking Peace Coin (PC) updated 24/10/2024
We are thrilled to announce the launch of PC Earn, a new staking program designed to boost the utility of Peace Coin (PC) while offering our community the chance to earn significant rewards. PC Earn is more than just a staking platform—it’s a way for you to grow your assets, strengthen the Peace Network, and get rewarded for your participation. Let’s dive into the exciting details!
What is PC Earn?
PC Earn is part of the Peace Network initiative that encourages users to stake their PC tokens in a Boosted Pool. The total reward pool for this program is set at 1,000,000 PC, available for those who stake and help enhance the ecosystem.
By staking a minimum of 100 PC, you’ll start earning rewards immediately. The longer you stay committed to the program, the more you stand to gain, with annual percentage rates (APR) of up to 96%. For those who stick with PC Earn until the entire 1 million PC reward pool is distributed, you’ll be rewarded handsomely. Let’s break it down:
- Minimum Stake: 100 PC
- Maximum APR: ~96%, translating to monthly returns of ~8%
- Total Reward Pool: 1,000,000 PC
Once the 1 million PC reward pool is depleted, no further rewards will be distributed, so the earlier you stake, the better your chances of maximizing your earnings.
Early Redemption Options
We understand that life can be unpredictable, and sometimes you may need to access your staked assets earlier than anticipated. That’s why PC Earn offers a flexible early redemption option, though at a reduced APR of ~12%.
If you redeem before the program finishes distributing the reward pool, your rewards will be calculated based on the 12% APR, and any excess rewards received will be deducted from your principal. However, if you redeem once the pool is exhausted, you’ll receive the full ~96% APR rewards along with your original staked amount.
Additionally, when redeeming early, there is a 5-day processing period before you can re-subscribe and start staking again. This is a key condition to keep in mind: during this 5-day window, you won’t be able to stake new PC. Make sure to plan your staking strategy accordingly!
Boost Your Rewards by Referring Friends
PC Earn also includes a referral system that allows you to earn extra rewards by inviting friends and family to stake their PC. Here’s how it works:
- Direct Referrals: Earn 16% of the profits your direct referrals make, provided you have staked at least 100 PC.
- System Referrals: For those staking 10,000 PC or more, you’ll also earn 1% on the profits generated by your extended network.
This referral structure not only helps you grow your rewards but also encourages the wider community to participate in staking, increasing the collective benefits for everyone involved.
How to Get Started with PC Earn
Getting started is simple! Follow these steps:
- Stake Your PC: Lock in a minimum of 100 PC to start earning rewards.
- Claim Rewards: As rewards accumulate, they will be added to your balance, deducted from the reward pool.
- Redeem Your Staked PC: Either redeem early with a ~12% APR or wait until the pool is exhausted for the full ~96% APR rewards.
The longer you stake, the greater your rewards. You can even add to your stake at any time without the need to differentiate between your positions.
Stay Updated with Your Earnings and Referral History
Peace Network believes in transparency and ease of use. That’s why we’ve incorporated a detailed history feature, allowing you to view all of your staking activities and referral earnings. Whether you’re keeping track of your daily rewards or monitoring the success of your referral network, everything will be available at your fingertips.
Why Choose PC Earn?
PC Earn is designed to offer our community a robust and rewarding way to engage with the Peace Network while enjoying substantial rewards for their participation. Whether you're staking, referring, or simply watching your rewards grow, PC Earn offers an exciting, flexible way to maximize your Peace Coin holdings.
Don’t miss out on this opportunity to take part in one of the most rewarding staking programs in the blockchain space. Stake now and unlock the full potential of your Peace Coin with PC Earn!
Stay tuned for more updates, and feel free to reach out with any questions!