Guide to Oxbull Staking (Updated 23rd Dec 2024)

Oxbull.Tech
3 min readJan 21, 2024

In Oxbull, staking is a method for users to qualify for IDOs or Private Sale whilst providing additional returns.

TL;DR

The staking feature currently provides an APR of 2.5%.

To qualify for Oxbull IDOs, the qualifying amounts of OXI to be staked shall be as per the tiering table below:

How to Stake OXI?

  1. Visit https://oxbull.tech/app/stake.
  2. Under the “Token Staking Route”, users will be able to select the Tier they would like to commit to and stake:

3. Enter the amount of OXB to stake and click “Stake”.

4. Approve the necessary transactions via wallet and congratulations! The staking is now in effect.

5. Under the “your groups” section, successful staked users are now eligible to join the dedicated Private Group in accordance to their staked tiers.

IMPORTANT Note: Users can now get as many tiers as required in just ONE single wallet.

For example, if a user staked double the required amount for Tier-1, they will essentially qualify for 2x Tier-1 , which means that the specific user will have double allocation during IDO/ Private Sale contribution.
Another example, if a user qualifies for a Tier-1 and Tier-2, the user will have access to both Tier-1 and Tier-2 contribution pool.

In the event where users decides to unstake:
- Their IDO qualification will be forfeited, and
- a 15 day time lock will be initiated and tokens will only be available to withdraw after 15 days have elapsed.
- Should the user decides to proceed with an emergency withdrawal (without timelock), the user will incur a penalty of 30% of the total staked amount.

Welcome to join OxGang! You’re now enjoying 2.5% APR and eligible for Oxbull future IDOs/ Private Sale!

Stay updated with IDO details by following the Oxbull Official Twitter. We’ll announce the IDO specifics, including date and time, a few days in advance. Comprehensive project details, including the IDO date, contribution timings, and the contribution link, will be available via the Oxbull Medium page and the Oxbull Calendar.

Disclaimer

Our content is intended to be used as information and education purposes only. It is very essential to do your own research and analysis before doing any investment decision or otherwise. Do Your Own Research.

Information is accurate at time of writing and can be subject to change.

Oxbull.Tech shall not be liable, whether in contract, tort (including negligence) or otherwise, in respect of any damages and/or expenses and/or any losses you may suffer arising out of such information or any reliance you may place upon such information.

Any further arrangements between you and any third parties contacted via the Website/Affiliated links are at your sole risk.

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Oxbull.Tech
Oxbull.Tech

Written by Oxbull.Tech

Bullish Action, Bullish Result. Top launchpad in both current ROI and all-time high ROI.

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