Q: What is staking or staking plan?
A: In one word, staking plan is usually created by coin/tokens owner, Who will pay the interests the investors. and the investos can take part in the staking to get interests daily.
Q: Who can create the staking plan?
A: Staking plan is usually created by coin/tokens owner, once the staking plan was created, the creator will pay the interests every day. The interests is up to the plan details which he created.
Q: How to create a plan?
1. Go to this page https://www.catex.io/manager/staking/plan/ and click the "Create" button
2. Select a token/coin which you want to create
3. Set the total amount you want to put in the staking pool (Amount put in Pool), please note, the value of minimum amount put in the pool should be more than $50 worth.
4. Set the monthly interests, for example 2% monthly
5. Set the staking period, for example, 20days , this means once user invest, their token will be locked for 20 days
6. Set the min and max invest limitation which user can invest
7. Finally you will see the total interest you need to pay, please note, once submit the plan, We will deducted the interests in advance.
Lets give a detail example:
Amount put in Pool: 100000 CATT
Monthly interests: 2%
Then the total interest need to pay is: 100000 * 2% * 60days/30 = 4000 CATT, We will deduct 4000 CATT from your account after you submit the plan.
There is another case, if investors totally invest 50000 CATT finally, that means you need to only pay 2000 CATT interest, at the end of staking date, we will send the rest 2000 CATT to your account.
Q: How to get interests?
A: As a common investor, you can check this page: https://www.catex.io/staking/plan/active to see if there is any Active plan, if there is, you can just click "Invest" button to take part in, Please note once you invest, your token will be locked and you will get interes every day
Q: Can I see how much interest I get daily?
A: Yes, You can login your account, and then click "Staking" menu, it show details how much interes you have get
Q: If I have invest, when will my coin/token will be unlocked?
A: You can login your account, and then click "Staking" menu, it show the release date.
Q: As a staking plan owner, If my plan was not full invested, when will the rest of my token will be released?
A: Usually, Once a staking plan was created, there are 30days, during this period, user can invest, but some time the staking plan may be not full filled, In this situation, the rest tokens will be relased after 30days. Once the staking plan is FULL, that means there will be no rest token will return back to you.
Q: If I have created the staking plan by mistake, what should I do?
A: We will instroduce a new feature, in the 24 hours you created, you can cancel your staking plan, but there will be 5% of your token will be deducted. So before you create the plan, you should be careful and you should know you will pay the interest.
Thanks