The Long-Term Staking Pool is a new feature coming to the TrustSwap ecosystem that will further incentivize long-term network participants and supporters. The longer you stake, the higher your staking APY will be, and the higher your launchpad allocations will become.
This new model will benefit both the small and large current $SWAP holders who believe in the long-term vision of this project. Whether you have 10 $SWAP or 100,000 $SWAP, the Long-Term Staking Portal will allow you to instantly earn a higher APY and larger launchpad allocations.
In addition, this new model encourages prospective new holders to join the $SWAP ecosystem and instantly climb the ranks if they are ready to get onboard for the long-term vision. A win-win for everyone.
How will it work?
A baseline of 5M $SWAP is added into the Long-Term Staking pool over a 5 year period.
Additional $SWAP from buybacks will be continuously added to the base 5M SWAP.
These staking rewards come from Team Finance, The Crypto App & Swappable revenue.
Staking payouts happen hourly to stakers, based on their proportional “points” in the system.
The points you have are determined as follows:
(Amount of SWAP staked) X (Time Multiplier) = Points
The Time Multiplier is calculated as follows, with the minimum stake length being 30 days.
| Multiplier | Time Staked |
| 1x | 30 days |
| 1.25x | 90 days |
| 1.5x | 180 days |
| 2x | 1 year |
| 3x | 2 years |
| 5x | 3 years |
| 7x | 4 years |
| 10x | 5 years |
For some examples of how this multiplier would play out, see the table below.
| Example Scenario | Points |
| stake 100,000 swap for 5 years | 1,000,000 |
| stake 82,000 swap for 3 years | 410,000 |
| stake 10,000 swap for 5 years | 100,000 |
| stake 100,000 swap for 30 days | 100,000 |
| stake 4,000 swap for 5 years | 40,000 |
| stake 4,000 swap for 30 days | 4,000 |
If you have 1% of the total points within the staking pool, you would earn 1% of all staking rewards.
For example, if there were 100,000,000 points total staked in the pool, and a user had staked 100,000 $SWAP for 5 years (1,000,000) points, they would earn 1% of the rewards (100M/1M)
When participants select their stake length, they cannot unstake until the time is up.
During their stake, they can only withdraw staking rewards.
Participants can add to existing stakes at any time, increasing their point total.
Participants can have multiple stakes of multiple lengths, adding together to form their point total.
At the end of the five year pre-funded period, staking rewards will continue exclusively with buyback distributions
Launchpads:
Your Launchpad multiplier will be based on your longest stake.
As seen in the example below, if you stake 100,000 SWAP (50x) for 5 years (10x), you will have a 500x multiple on your allocation. If you stake 8,000 SWAP (3x) for 5 years (10x), you will have a 30x multiple on your allocation.
This model allows for smaller stakers to easily climb the allocations ladder. It also allows for groups to pool together their $SWAP and lock in for the long-term to be able to split large launchpad allocations.
In summary:
This model encourages new and old holders to stake their $SWAP long-term, and to be rewarded greatly for it both in launchpad allocations and staking rewards. It removes $SWAP from the circulating supply, and gives staking rewards and launchpad allocations to the long-term holders. A huge net-positive for both the $SWAP token and the launchpads. The launchpads and the $SWAP staking rewards will be weighted towards those with long-term vision. This new iteration is a win-win for everyone involved in the long-term success of the project.
FAQ:
Q: Will we need to migrate our stake from the main staking pool to the new long-term staking pool?
A: Yes. Staking from the original pools will cease to earn staking rewards and Launchpad allocations immediately after the Long Term Staking Pool is launched.
Q: What will happen to Swap Score?
A: Swap Score will be discontinued. Swap Score was a bonus for long-term supporters, that was capped at sixty days and only provided a slight bonus to long-term supporters. The new Long Term Staking Pool will provide more rewards for long term support than Swap Score ever did, up to a 10X bonus for a five year stake.
Q: Can I unstake after I stake?
A: You can only unstake at the end of your stake length. This will create a predictable release schedule for all network participants and further work to reduce the circulating supply from the ecosystem.
Q: How often will I get my staking rewards? Can I withdraw them? Can I restake them?
A: Hourly. You can withdraw and add to your stake at any time.
Q: Will the 1x allocation be smaller now?
A: Yes.
It does not make sense to cater to people who stake the smallest amount for the smallest length.
It makes sense to cater to those who stake long and who stake large
Q: Can I add to my “longest stake” to continually increase my launchpad allocation?
A: Yes
Q: Will this be multichain, and will rewards be split proportionately?
A: Yes
Q: So my launchpad allocation is ONLY based on my longest stake? The rest of the stakes don’t count for Launchpad allocation?
A: Correct. Only your longest stake counts for your Launchpad allocation. However, when it comes to staking rewards, all stakes are used.
