💸$COC Staking
1 billion MHNT tokens are allocated for COC staking rewards, which will be distributed over 24 months. The distribution is divided into four distinct periods. Here's the new breakdown:
Period 1 (Months 1-6): 40% of COC staking rewards pool (400,000,000 MHNT)
Period 2 (Months 7-12): 30% of COC staking rewards pool (300,000,000 MHNT)
Period 3 (Months 13-18): 20% of COC staking rewards pool (200,000,000 MHNT)
Period 4 (Months 19-24): 10% of COC staking rewards pool (100,000,000 MHNT)
Let's simplify the staking calculation using the same hypothetical scenario: If a user stakes 5 COC tokens during Period 1, we can determine the total daily rewards for Period 1.
Total daily rewards (Period 1) = Total rewards for Period 1 / Total days in Period 1
Total daily rewards (Period 1) = 400,000,000 MHNT / 180 days
Total daily rewards (Period 1) = 2,222,222.22 MHNT
With the assumption that 1% of the total COC supply (500 COC) is being staked during Period 1, we can calculate the user's share of the staking pool:
User's share = User's staked tokens / Total staked tokens
User's share = 5 COC / 500 COC
User's share = 0.01
Finally, we calculate the user's daily staking rewards:
User's daily staking rewards = User's share * Total daily rewards (Period 1)
User's daily staking rewards = 0.01 * 2,222,222.22 MHNT
User's daily staking rewards = 22,222.22 MHNT
Thus, a user staking 5 COC tokens will receive 22,222.22 MHNT tokens daily as staking rewards during Period 1. As we progress through the emission schedule and the rewards decrease, the user's daily rewards will accordingly decrease.
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