STAKING

1. Overview

Staking is a fundamental feature of the Pyramid Financial ecosystem, allowing users to actively participate in the platform’s growth while earning rewards. By staking their PYRA tokens, users contribute to the network’s stability and benefit from a deflationary model that enhances the value of the remaining tokens.

2. How Staking Works

• Staking Process: Users can stake their PYRA tokens at any time through the Pyramid Financial platform. Once staked, these tokens are burned and permanently removed from the total circulating supply, reducing overall token availability and supporting price stability.

• Deflationary Impact: The burning of staked tokens creates a deflationary effect, increasing the scarcity of PYRA tokens. This mechanism is designed to enhance the value of the remaining tokens over time, benefiting all holders.

3. Reward Distribution

• Epoch-Based Rewards: Rewards are minted and distributed at the end of each epoch—a 6-hour interval. Users receive rewards proportional to the amount of PYRA they have staked, providing consistent and predictable returns on their investment.

• Compounding Options: Users have the option to compound their rewards by reinvesting them into additional staking. This allows for the growth of their staked balance, leading to higher future rewards and increased earning potential.

4. Unstaking and Taxation

• Unstaking Process: When users decide to unstake their PYRA tokens, they can initiate an unstake request at any time. However, the actual release of tokens occurs only after the current epoch concludes.

• Unstaking Tax: A 10% tax is applied to all unstaking transactions. This tax is burned and removed from the total supply, further contributing to the deflationary nature of PYRA tokens. Importantly, there is no tax on claiming rewards or compounding, encouraging users to reinvest and stay engaged with the platform.

5. Benefits of Staking

• Value Appreciation: The deflationary model through token burning increases the scarcity and potential value of PYRA tokens, benefiting all holders.

• Consistent Rewards: Epoch-based reward distribution ensures that users receive regular returns on their staked tokens.

• Growth Potential: Compounding rewards allows users to enhance their staking balance over time, maximizing their earning potential.

• Sustainability: The 10% tax on unstaking supports ongoing project development and maintains the platform’s financial health.

6. Summary

Staking in Pyramid Financial offers users a straightforward and effective way to earn rewards while contributing to the platform’s sustainability. By burning staked tokens and implementing a deflationary model, Pyramid Financial ensures the long-term value and stability of PYRA tokens. The combination of consistent reward distribution and strategic taxation on unstaking creates a balanced ecosystem that benefits both individual investors and the broader community.