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Staking L1

PreviousAI Smart Shopping AssistantNextLastShop Points Program L1

Last updated 8 months ago

Staking Rewards

In this round of the Staking activity, you will have the opportunity to receive various rewards:

  1. Share the LastShop tokens $LAST.

  2. Deposit $ETH, $BNB, $BTC, $USDT to earn $LAST staking rewards and redeem your principal at the end of the staking activity. (Based on market cooperation, some MeMe Coin will be supported in the future. Stay tuned.)

  3. During the staking activity, you will immediately receive a LastShop.com shopping voucher worth 10% of your staked amount. The vouchers are available in denominations of 10U, 20U, 50U, and 100U, and you can choose the combination upon receipt.

Points Rules

  • Each day, a snapshot of the assets locked by users will be taken, and the total value of the locked assets will be converted into USDT based on the daily average price (hourly average). Users will receive points equivalent to this amount, rounded down to the nearest whole number.

  • For example, if a user stakes 5 $ETH and the average snapshot price of $ETH that day is $3,000, the total value of the user's staked assets is (5 * 3,000) = 15,000U. The user will receive 15,000 points the next day.

  • Users can continuously increase their staked assets to accumulate more points. Points earned each day will be based on the total staked amount for that day. The final number of $LAST tokens a user can receive = (user's points / total points of all users) * total $LAST rewards.

Assets Eligible for Staking (Phase One)

  • $BTC

  • $ETH

  • $BNB

  • $USDT

※ More MeMe Coin and other assets will be gradually unlocked in subsequent phases.

Activity Timeline

Phase 1Starting August 10, 2024, users can stake $BTC, $ETH, $BNB, or $USDT to immediately receive LastShop.com shopping vouchers for discounts on the platform and earn corresponding daily points.Phase 2The distribution of $LAST tokens will begin on September 10, 2024, lasting for one month. During this period, users can redeem accumulated points for $LAST tokens and withdraw their staked assets.