Staking
Stake into a Mountain of Dividends.
How does it work?
Staking is the primary way to accrue value in DeMountain. Users can stake their $MOUNT / $bMOUNT tokens on DeMountain dApp to accrue daily dividends, based on the day's pool and the amount of tokens staked. Staking is a passive, long-term strategy. Tokens can be staked for a period of time from 1 to 300 days. The longer your stake, the higher reward of bonus tokens you receive. When staked, your tokens are locked for a period of time. The contract does not allow you to unstake once locked in. However we have built in functions to allow you to claim/sell your divs, through requesting a loan or selling each stake on the marketplace.
Good to know. Accumulated dividends, staked tokens, and bonus tokens can be collected once the staking period ends.
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