LIME staking (Android and iOS) is available on both networks: BNB Chain and Polygon, under the same conditions.
iMe applies both APR and APY interest rates.
First LIME staking program
Staking program period:
Start on 24th of October, 2022, end on the 31st of December, 2022.
The APR rate for the first LIME staking program is 26.25% and applies to LIME staking up to 100,000 tokens.
The APY rate is calculated from the APR rate, and with APR = 26.25% and with daily interest, the APY rate = 30%.
APY stake becomes available when staking LIME in the amount of 100,000 tokens.
The change from APR to APY occurs automatically when the total number of staked LIME tokens within the same network reaches 100k.
Conditions for withdrawing tokens:
- Scheduled withdrawal — withdrawal 10 days after the creation of the request, iMe fee is 1%.
- Immediate withdrawal — withdrawal without waiting, iMe fee is 10%.
- Withdrawal after the end of the program. iMe fee — 0%; no waiting period.
Future LIME staking programs may change APR and APY rates, as well as iMe fees when withdrawing tokens from staking.
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