Octane & Octane-BUSD staking is live!! A Step by Step Guide.
Stake and Earn Octane at staking.octane.finance
$OCTANE & $OCTANE-$BUSD LP tokens holders will now be able to stake tokens and earn rewards from the network. Getting started is easy. Just have $OCTANE & $OCTANE-$BUSD LP tokens in your Web 3 wallet, head to our staking website, follow the steps below, and you’ll be stake your tokens immediately to earn tokens.
What is $OCTANE staking program?
Active participation and incentives aligned to the community drives long term sustainability, 45% of total $OCTANE supply is allocated to community. In the first year of staking we’re are planning to reward 22% from 45% community tokens (10% of total supply) for staking $OCTANE and $OCTANE-$BUSD LP tokens.
~10M $OCTANE tokens will be distributed @ 1 $OCTANE per block over a period of 1 year broken down as follows:
$OCTANE-$BUSD LP staking pool reward: 0.75 $OCTANE per block
Single $OCTANE staking pool reward: 0.25 $OCTANE per block
What is $OCTANE?
OCTANE is a deflationary utility and governance token. The token utility is to provide protocol fees and APY generated on limit orders.
$OCTANE staking
Step1
Head on to staking.octane.finance & connect wallet (make sure you’re on BSC network)
Step2
Stake the amount & confirm the transaction
Step3
Once transaction is approved you will be able to track, staked amount, pending rewards & APR at https://app.octane.finance/stake
$OCTANE-$BUSD LP staking
Step1
Head on to https://pancakeswap.finance/info/pool/0x39bfae0c96bdc69dc657e381c272997f66cbf9c1
Add liquidity to $OCTANE — $BUSD pool & you will receive $OCTANE — $BUSD LP token
Step2
Stake the $OCTANE — $BUSD LP token & confirm the transaction
Step3
Once transaction is approved you will be able to track, staked amount, pending rewards & APR at https://app.octane.finance/stake
FAQs
How min & max amount I can stake?
There’s no min & max, you can stake any amounts as per your risk appetite, but more you stake better the rewards.
How long can I can stake?
You can stake the Octane until the end of this staking program, earlier you’re better are the rewards.
What’s the APR I get?
This is algorithmically driven, right now we’re rewarding 1 $OCTANE/block until next year.
Are the contracts safe?
Yes, Octane contracts are audited by certik and you can find the audit report here. https://www.certik.com/projects/octanefinance
Have more questions? Ask the community!
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