Introducing CIFI Staking Rewards

Are you looking to maximize the potential of your CIFI tokens?

We’re excited to introduce the CIFI Compounding Staking program — a secure and efficient way to stake your CIFI tokens and earn attractive rewards. The program is scheduled to launch January 2025!

Whether you’re new to crypto or an experienced holder, this guide will walk you through how our staking contract works and how it benefits you.

What Is Staking?

Staking is a process where you hold your cryptocurrency in a wallet or a platform to support the operations of a blockchain network and in return, you receive rewards.

In the Circularity Finance ecosystem rewards will be in the form of additional $CIFI tokens. It’s like earning interest on a savings account, but with the potential for higher returns.

Why Stake Your CIFI Tokens?

By staking your CIFI tokens, you:

• Earn Passive Income: Receive regular rewards for staking your tokens.
• Support the Network: Help secure the network and contribute to its stability.
• Benefit from Compounding: Increase your earnings by reinvesting your rewards.

Key Features of the CIFI Compounding Staking Program

1. Attractive Annual Percentage Yield (APY)

• Earn Up to 14% APY: Our staking contract offers an annual percentage yield of up to 14%, significantly higher than traditional financial products.
• Configurable Rates: The APY is set by the contract and may be adjusted to maintain sustainability.

2. 28-Day Compounding Cycles

• Compound Your Rewards: Every 28 days, you have the option to compound your earned rewards back into your staked amount.
• Accelerate Earnings: Compounding increases your stake, leading to higher rewards in subsequent cycles.

3. Flexible Staking Options

• Minimum Stake Amount: Start staking with as little as 100 CIFI token.
• No Maximum Limit: Stake as much as you like, up to the total stake limit of the contract.

4. Secure and Transparent

• Smart Contract Security: Our contract is built upon audited smart contracts by OpenZeppelin and employs industry-standard security measures.
• Transparency: All transactions and contract operations are visible on the blockchain.

5. Easy Participation

• User-Friendly Interface: Interact with the staking contract through our intuitive platform.
• Support: Our team is here to help if you have any questions or need assistance.

How Does the Staking Contract Work?

Staking Your Tokens

1. Stake Tokens: Deposit your CIFI tokens to the staking contract to begin earning rewards.
2. Start Earning: Once staked, your tokens start generating rewards based on the APY.

Earning Rewards

• Reward Calculation: Rewards are calculated based on the amount of tokens staked and the duration of the stake.
• Daily Accrual: Rewards accrue daily and can be viewed in real-time.

Compounding Rewards

• Enable Compounding: Opt-in to the compounding feature to automatically reinvest your rewards every 28 days.
• Boost Earnings: Compounded rewards increase your staked amount, leading to exponential growth over time.

Unstaking Your Tokens

• Flexible Unstaking: You can unstake your tokens after a minimum staking duration of 180 days. Encouraging users to compound their rewards for at least 6 cycles.
• Early Withdrawal Fee: Unstaking before the end of the staking period may incur a 30% fee, which is redistributed to the reward pool.

Safety Measures

• Pausable Contract: In case of any unexpected issues, the contract can be paused to protect user funds.
• Emergency Withdrawals: Users can withdraw their staked tokens during emergencies, subject to cooldown periods.

Early Staking Opportunity

• Become a CIFI VIP: Stake before the end of the year to gain VIP status, unlocking exclusive benefits and promotions.
• Higher Reward Rates: Early stakers may enjoy higher APY rates and additional bonuses.
• Limited Time Opportunity: Take advantage of this offer while it lasts to maximize your earnings.

Step-by-Step Guide to Staking Your CIFI Tokens

Step 1: Prepare Your Wallet

• Compatible Wallet: Use a wallet that supports CIFI tokens and smart contract interactions (e.g., MetaMask).
• Sufficient Balance: Ensure you have enough CIFI tokens and a small amount of ETH for transaction fees. You can purchase on the XDC network by clicking here , but we recommend you obtain CIFI via UniSwap on either Polygon or Avalanche for accessing staking rewards.

Step 2: Access the Staking Platform

• Visit Our Website: Navigate to the CIFI staking page.
• Connect Your Wallet: Click on “Connect Wallet” and follow the prompts to link your wallet.

Step 3: Stake Your Tokens

• Enter Amount: Specify the number of CIFI tokens you wish to stake.
• Approve Tokens: Authorize the staking contract to access your tokens.
• Confirm Transaction: Review the details and confirm the staking transaction in your wallet.

Step 4: Enable Compounding (Optional)

• Opt-In: If you wish to compound your rewards, enable the compounding feature.
• Confirm: Confirm the compounding action in your wallet.

Step 5: Monitor and Manage Your Stake

• View Rewards: Track your accrued rewards and staking status through the dashboard.
• Unstake When Ready: When you decide to unstake, initiate the unstaking process and confirm the transaction.

Frequently Asked Questions

1. Is Staking Risk-Free?

While staking is generally safe, it involves locking up your tokens for a period, during which you might be exposed to market volatility. Always assess your risk tolerance before staking.

2. Can I Withdraw My Tokens Anytime?

Yes, you can unstake your tokens after the minimum staking duration of 180 days. However, unstaking before the end of a staking cycle may result in an early withdrawal fee of 30%.

3. How Are Rewards Calculated?

Rewards are calculated based on the amount of tokens staked, the APY rate, and the duration of the stake. Compounded rewards can significantly increase your earnings over time.

4. What Happens During Emergencies?

In case of emergencies, the contract can be paused to protect user funds. Users can still perform emergency withdrawals, subject to certain conditions.

5. How Do I Become a CIFI VIP?

Stake your CIFI tokens before the end of the year to gain VIP status. VIP members enjoy exclusive benefits, higher reward rates, and special promotions.

Security and Trust

Your security is our top priority. The CIFI Compounding Staking contract incorporates several security measures:

• Audited Contract: The smart contract has been built upon audited smart contracts by reputable security firms and OpenZeppelin.
• Reentrancy Guard: Protects against reentrancy attacks, ensuring safe execution of functions.
• Pausable Functionality: Allows the contract to be paused in case of suspicious activity.
• Transparent Operations: All transactions are recorded on the blockchain, providing full transparency.

Join the CIFI Staking Community Today!

Staking your CIFI tokens is a smart way to grow your holdings while supporting the network. With attractive rewards, compounding features, and robust security, the CIFI Compounding Staking program offers an excellent opportunity for both new and seasoned crypto enthusiasts.

Don’t miss out on becoming a CIFI VIP! Stake your tokens before the end of the year and unlock exclusive benefits.

Visit www.circularity.finance to get started today