🗝️ Blaze Staking

Earn Ethereum Yield from 4 Payout Pools.

Light up your crypto game with Blaze staking! It's like tossing your tokens into a fiery furnace and watching them Blaze back as ETH rewards - the longer you burn, the brighter you earn, with sizzling bonuses heating up to a blazing 288%!

Blaze Staking Overview

• Staked Token: $Blaze

• Staking Reward: $ETH

Staking Mechanics

• Payment Method: During auctions, payment is made in ETH. Ethereum is allocated to the ETH Payouts Pools for staking rewards.

• Share Acquisition: Users gain shares in the staking contract upon staking Blaze tokens.

• Share Value Decrease: Every 8 days, the value of shares goes down by 1.26%. This means if you stake a certain number of Blaze tokens to get shares on day 1, by day 8, you'll need to stake 1.26% less of those tokens to get the same number of shares you got on day 1. The reason is to ensure future people entering auctions aren’t priced out of staking. This leads to continual participation in the future.

Locked Staking Terms

• Minimum Staking Period: 88 days.

• Maximum Staking Period: 2,888 days.

Staking Bonuses

• Bonus Structure: Users earn a staking bonus in addition to regular staking rewards.

• Bonus Range: 1% (minimum) to 288% (maximum).

• Bonus Determination: The bonus amount is based on staking duration - longer stakes yield higher bonuses.

• Bonus Distribution: The staking bonus increases evenly over a period from 88 to 2,888 days.

Share rate explained

When you stake $Blaze you get a share rate. The share rate in the protocol is deflationary, meaning that over time, it takes less $Blaze to acquire 1 share rate point. On the first day, one Blaze is equal to one share rate. However, this value decreases by 1.26% every 8 days. This decrease in value makes it beneficial for new participants to join the protocol and participate in staking in the future.

Blaze Wars Bonus

To be eligible for the exclusive "Diamond Hand Pool," which will be released at the beginning of the next bull market, at the end of 2026, you must focus on minting 28 Blaze Wars NFTs. This grants you exclusive access to the 888 day pool. Read the Blaze Wars Whitepaper and learn how to mint.

Alternatively you can max stake 4000 $Blaze tokens during the first year of the protocol, to get the same access into the 888 day staking pool.

So to be clear there are just two ways to enter this pool:

1. MINT 28 NFT's and HOLD them till day 888

or ...

1. Have 4000 Blaze max staked up to one year after protocol launches.

Multiple entries allowed per wallet. Each entry above constitutes a ticket, and the whole pool is shared equally among all ticket holders.

Frequently Asked Questions about Staking Blaze Tokens

1. What is the staked token and the reward for staking?

   • Staked Token: $Blaze

   • Staking Reward: $ETH

2. How is the ETH portion used during auctions?

   • The ETH paid during auctions is distributed into staking rewards, the B&B, Founder Allocation and Future Development.

3. What happens when you stake Blaze tokens?

   • Users acquire shares in the staking contract when they stake Blaze tokens.

4. What are the terms of the Locked Staking mechanism?

   • Minimum staking period is 88 days, and the maximum is 2,888 days.

5. Is there a bonus for staking?

   • Yes, there's a staking bonus ranging from 1% to 288%, increasing with the length of the stake.

6. When are staking rewards distributed?

   • Rewards are distributed every 8, 88, 288, and 888 days.

7. Does the number of shares affect the staking reward?

   • Yes, the more shares a staker has, the higher their staking reward.