💸Staking rewards

What is it all about?

Meven aims to provide users with the most lucrative and convenient products to earn crypto. Meven Power Staking presents users with prominent advantages:

• Fixed APR

• Stake & Earn MEV tokens

• No impermanent loss

• Lucrative rewards daily

You need to be a MEV holder as Power Staking requires a certain number of tokens to be staked in the Staking Pool.

Commission Fee for an Early Withdrawal

Please remember that after you have staked your tokens, you can withdraw them without a fee after 30 days. If users withdraw before this deadline, they need to pay a commission of 20% from the deposit amount + the acquired rewards. Users can unstake without fee after the lock term has passed.

The commission is charged when a user decides to withdraw before the lock term runs out.

Harvest & Unstake of the Rewards

Tokens can be harvested/unstaked after the specific staking deadline. The user will have to unstake the total number staked to harvest tokens. The total staking amount and accrued rewards are granted to the user after unstaking.

The lock term period restarts after each additional stake.

Accrual of Rewards

The staking interest is distributed daily from 12:00 PM (UTC) on the day after the funds are deposited to the contract to the end of the corresponding product period (given that the funds are deposited before 12:00 PM (UTC). The first payout is tied to each stake separately.

For Instance: The user has staked 18,750 MEV in the 30 days staking pool at 11:30 AM UTC today; the first reward will be acquired at 12:00 PM UTC tomorrow. If the user staked at 12:00 PM UTC today, the first reward will be acquired at 12:00 PM UTC the day after tomorrow.