Octane & Octane-BUSD staking is live!! A Step by Step Guide.

Stake and Earn Octane at staking.octane.finance

Octane Finance
3 min readFeb 4, 2022

$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

Octane staking

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!

We want you to be very keen player in our ecosystem! Come and join us on our telegram group.

🔈 Stay updated about the project here 🔈
App|Twitter |Telegram| Docs | Github

--

--

Octane Finance
Octane Finance

Written by Octane Finance

Decentralised Limit orders fuelled by market making

No responses yet