Staking System

Staking System Introduction:

The total amount of 700742000 MarvinPePe native tokens will be injected into the staking pool (i.e., 8.35% of the total supplement), and the highest daily reward rate can go up to 10% per day. Moreover, in the initial development stage of the project, if users can attract new investors to stake their MarvinPePe native token, inviters can also enjoy 13% of the staking income of invitees. MarvinPePe plans to create a fair competition mechanism in the staking system; that is, the spontaneity and initiative of users determine their income, and the project party has no right to control it. It must be pointed out that although the maximum daily reward rate can reach 10%, length of continuous staking, amount of staking, and frequency of withdrawal will both affect the daily rate of reward; in general, the average daily reward rate will between 7% - 10%. Some users may find that their daily income has not increased significantly due to their withdrawal habits: if they withdraw too much every day, the income value will decline. Moreover, if users choose to stake step by step but not at once, for each round of staking, the daily reward will also be different, which will also cause a difference in the total reward rate. If a user chooses to withdraw reward every day, his daily revenue will decline sharply, a general anti whale measure. We suggest that users consider their investment needs in the near future before staking tokens and make one-time investments instead of repeated investments and withdrawals because this will lead to lower-income and more on-chain interaction fees. When the user recommends other new users to participate in staking and help the development of MarvinPePe, the user can obtain 13% of the staking interest of the recommended user, which can be viewed and received by the user's account. It must be pointed out that MarvinPePe will charge 3% of the total amount as the reserve fund for system development in each staking behavior and income extraction process. MarvinPePe’s staking contract is audited by an authoritative third-party organization and cannot be tampered with, ensuring security. We strongly recommend that users fully consider their behavior and risks before staking and not invest in amounts beyond their ability to resist threats.