Staking at Kommunitas
Enjoy up to 60% APY when staking KOM with Kommunitas
Step by Step on how to earn up to 60% on Kommunitas Staking : 1. Open your in-apps browser or google chrome and navigate to https://staking.kommunitas.net 2. Click on Enter Staking 3. Connect your wallet. 4. Make sure you are at Matic Mainnet, and you have some $MATIC (matic mainnet) token for the fees. If you want to know how to connect to matic mainnet , please refer to this doc for metamask, and for trust wallet. 5. Choose the duration for this staking. 30, 60, or 90 days. Please notice that this is a locked staking, which means that you can not unstake before the maturity date or you will get charged a 20% fees (in KOM) 6. Enter the amount that you wish to stake. (min 100 $KOM). Note that if you stake more than 3,000 $KOM, then you will be eligible for KOMV (KOM Voting) token. KOMV is not tradable, and it will be used later for our governance function. Please add this into your wallet.
Old KOMV token address : 0x56190005fd8740f8e2d3b805edc14e007045725b
Name: KOMV. Decimal: 0.
New KOMV token address : 0xE1bB02b367173ac31077a8c443802f75CC9aCCb6
7. If the staking successful, you can see the amount of rewards that you are going to earn as well as the maturity date.
New features in KOM Staking V2:
1. User who has staked KOM at Staking V1, and own a KOMV token, can now convert the Old KOMV to New KOMV token. New KOMV token Contract Address is : 0xE1bB02b367173ac31077a8c443802f75CC9aCCb6
Please note that the feature of KOMV is under development, so don't mind about the KOMV Token. You can also stake more than 3,000 KOM at Staking V2 and will still get the New KOMV token.
2. User can choose to prematurity withdraw on each Staking. (In Staking V1, when you press Pre-Maturity Withdraw, It will withdraw all your staking)
3. User can even Unstake his KOM partially on Prematurity Withdrawal. For example: User stake 999,000 KOM, and can now choose to do Prematurity Withdrawal only 9,000 KOM. Please note that if the number of Interest / Penalty is minus, that refers to the number of "rewards" taken from that particular staking.
4. Updated UI/UX for mobile and desktop view.
5. User can know the details of his claiming date and interest / penalty that each staking has. Please note that Claiming date can be seen with mobile wallet at the moment. And if you seen a minus amount in Interest/Penalty, it means the amount of KOM rewards that you should have received but revoke as you do prematurity withdrawal. User also can sort the details of his staking (sort by amount, staking date, maturity date, etc)
6. As we are preparing for our first and upcoming IKO/Launchpad, the penalty for prematurity withdrawal will be increased to 20%, either in Staking V1 and Staking V2.
7. The Default APY will be changed to 30%. Hence, 30days locked staking will have 30% APY, 60days locked staking will have 45% APY, and 90days locked staking will have 60% APY. (This is subject to change in the future, but if you have staked in Staking V1 before, the number of rewards will not change)
Please note that Rewards (APY) for Staking is just a way for Kommunitas to incentivize the KOM holder, while the main idea is for calculation of Launchpad / IKO.
Last modified 16d ago
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