14 Million STARS tokens to reward the Mogul community!
Lights. Camera. Action! We’re opening the curtain to bring you Mogul’s longest staking program to date! 14 million STARS tokens given to our users all year long.
STARS tokens have been live for over 1 year – and we’re celebrating with more ways to earn rewards. Mogul is launching a year long staking program starting on May 15th to reward our most loyal users.
The program will last for an entire calendar year – giving STARS holders more ways to use their tokens as we execute on our 2022/2023 roadmap to be announced next week!
Participants will have the opportunity to lock their tokens for specified periods of time to receive a STARS reward rate that is defined by the pool they are entering. The longer the lockup, the more rewards!
What is Staking?
Staking means to lock your tokens to earn rewards. Rewards can be accumulated passively just for locking your STARS tokens for defined periods of time. Staking rewards are received in the form of STARS tokens.
Reward Pools
Each reward pool has a different number of STARS allocated to reward the users in the pool. The reward rate per pool will vary over time and is calculated each block according to the STARS allocated to the pool and the number of STARS that users have put into the reward pool. Rewards are issued proportionally according to the number of STARS a user stakes.
Each reward pool starts on May 15th. Users can withdraw their STARS at any given point in time, but to be eligible to claim pending rewards, the users must meet the minimum lockup requirement in the pool. If a user withdraws before the minimum lockup requirement they will not be able to claim their rewards.
VIP Pool
Token: STARS
# of Rewards: 1,000,000 STARS
Min. Lockup: 1 month
Reward Payment: 3 months
Backstage Pool
Token: STARS
# of Rewards: 3,000,000 STARS
Min. Lockup: 2 months
Reward Payment: 6 months
Oscar’s Pool
Token: Pancake Swap STARS_BNB LP Tokens
# of Rewards: 4,000,000 STARS
Min. Lockup: 3 months
Reward Payment: 9 months
A-List Pool
For the A-Listers – because they know how to attend a red carpet event!
Token: STARS
# of Rewards: 6,000,000 STARS
Min. Lockup: 3 months
Reward Payment: 12 months
It is important to note that users must meet the minimum lockup threshold to be eligible to claim their pending rewards. Rewards can be claimed after the reward payment period ends. This period differs for each pool. There is no minimum or maximum amount that a user must stake.
The STARS staking program is for BEP20 STARS so that users do not have to pay as high of a gas fee to enter the pool and claim their rewards; fewer fees and more rewards for our community!
The reward pool rewards are issued every BSC block. This means that the pool end dates are approximated according to the average block time on BSC. Therefore, the pool end dates may not be exact.
Sit back, grab your popcorn, and get ready for the STARS Staking Program on May 15th!
