There are 3 tiers for staking within the DAO: Monthly with a maximum of 999 Pteria, Monthly with 1K Pteria or more, Yearly with 1K Pteria or more. All tiers grant the ability to vote, but only the Yearly gives 24% annual interest.
Monthly up to 999 Pteria
Earn monthly rewards based on the amount of Pteria staked.
Monthly 1000+ Pteria
Earn monthly rewards based on amount of Pteria staked + ability to make proposals to the DAO.
24% annual interest with quarterly release + monthly rewards + ability to make proposals to the DAO.
Monthly Staking (Under 1K Pteria / 1K+ Pteria)
The DAO is governed with the use of Pteria tokens. Pteria tokens may be free, or be staked in order to receive monthly rewards relative to the amount of Pteria staked. All Pteria holders have the right to participate in voting, whether those tokens are staked or not. Monthly staking is available in monthly increments and tokens that are staked are locked for the duration of the stake period with rewards being paid out monthly. Rewards may be in ETH, Pteria, or other tokens. In order to receive the monthly rewards, staked token-holders must participate in at least one vote per month within the DAO otherwise the reward for that particular month will be forfeit. Monthly rewards are distributed proportionally to the amount of Pteria staked by staked token holders.
For Pteria tokens that are staked on a 12-month cyclical contact, the DAO grants a 24% annual interest rate in Pteria which is paid to the origin ETH (Ethereum) address. 6% Interest is released every 3 months with the interest tokens being unlocked and withdrawable. The 24% interest only applies during the promotional phase of the program – The first 3M Pteria staked. Annual staking also grants the right to receive the monthly rewards mentioned in the monthly staking tier with the same condition that you must participate in at least one vote per month within the DAO. Each staked token gives the holder one vote per voting activity. At the end of the designated staking period, the original staked tokens will be able to be withdrawn by the holders to the origin ETH address.
Upcoming Monthly Reward
The next monthly reward is as follows, with the reward being divided in proportion to the amount of Pteria staked in the DAO. The monthly reward will be paid out on the 28th of each month.