CLH Staking Module

1. What is CLH Staking?

CLH Staking Module is a place for holders to store their CLH in staking pools for better opportunities to earn passive income.

According to our Tokenomics, the total staking reward is set at 50,000,000 CLH, distributed linearly over 8 years. Rewards are distributed to the CLH stakers proportionally to the total amount they staked.

2. Why are there four staking pools, and what are their differences?

Initially we launched 4 different staking pools with fixed staking periods of 7, 30, 90 and 180 days. Every time a staking or withdrawal occurs, users need to interact with the smart contract, which requires a certain amount of gas fee.

Users can participate in any staking pool at any time. It is important to note that once users stake their tokens into a staking pool, they will not be able to exit the pool until the end of the pool's staking period.

3. How do I stake my CLH? Can I stake to multiple pools with different periods?

Users with at least 1 CLH in their wallet addresses are eligible to participate in staking. You need to connect your wallet first, choose the staking period you think is most beneficial to you, and then enter the staking amount to start staking. Check the step-to-step How-To Guide for staking here.

You can allocate your CLH to different staking pools as needed. There is no limit to the pool size, so you can stake as much as you want. All results will be aggregated in the "Positions" panel, which acts as a dashboard to view your stake status and perform one-click unstakes or withdrawals.

Lastly, please make sure you have enough ETH in your wallet for the staking transaction to go through.

4. After I start staking, will my principal generate rewards immediately? When will the staking rewards start showing up?

Your staking will start earning at 0:00 (UTC) the day after you stake, and staking rewards will be calculated and distributed to your address by the end of the day. That is, you will be able to see your rewards at 0:00 (UTC) on the third day.

Keep in mind that the Rewards shown in your “Positions” panel is always your total earnings as of yesterday.

5. Do I get a credential token after I stake my CLH? What is its use?

After staking your CLH, you will receive a staking credential in the form of an NFT to unstake and withdraw principal and rewards after the staking period ends. You can check the status of NFTs on Etherscan. Once you withdraw or re-stake all your staked principal, the NFT will be destroyed.

You can transfer your NFTs to others, or receive NFTs from others. The CLH staking system will check your wallet's NFT balance after connecting and visualize details including terms, stake principal and rewards, which you can redeem when the staking periods of NFTs expire.

6. What is the staking APY of each pool, and how does it get calculated?

We do not preset a fixed staking interest rate which rises with the increase of the staking cycle. Instead, we introduce a dynamic interest rate that fluctuates according to the daily reward and total staking amount.

Therefore, APY (Annual Percentage Yield) in CLH Staking is defined as the ratio of the total return (for the whole year) to the total staking amount in one staking pool (as of 1 day before the calculation date).

The APY of Each Pool = Yesterday’s Total Rewards / Yesterday’s Total Staking Amount * 365 * 100%

The Daily Rewards Distributed to Stakers = Staking Principal * Yesterday’s APY / 365

Please note that

1. Since staking rewards are distributed at 0:00 (UTC) every day, APYs will only be updated at 0:00 (UTC) and will always indicate the return rates calculated based on the total staking amount as of yesterday.

2. The total staked amount shown on each staked pool is a real-time balance, not yesterday's data used to calculate APY.

7. What is the Cumulative ARR on the “Position” panel? What is its difference from the APY?

As the APY changes with the total amount of staked CLH in the pool, in order to better view the real annualized return, we display the Cumulative ARR (annualized rate of return) on the “Position” page.

The Cumulative ARR = (Total Distributed Rewards / Staking Period) / Staked Principal * 365* 100%

Assuming the total amount of the staked pool remains the same throughout the staking period, The Cumulative ARR for stakers is equal to the APY of the staking pool.

8. How can I use the function of Automatic Reinvestment/Restake? Can I cancel it?

The “Automatic Reinvestment” feature is enabled by default, that is, your principal and rewards will be automatically re-staked into the next round of staking immediately. You can toggle it off before you stake, or cancel it at any time before the staking period ends.

Assuming you have canceled this function beforehand, once your initial staking period is over, you can withdraw your staked CLH and rewards immediately. If you do not withdraw, your CLH will remain unstaked and no additional earnings will be generated.

9. Can I unstake or withdraw anytime? How can I unstake and withdraw?

By choosing to stake, you acknowledge that you have locked up your CLH for a specified period of time and will only be able to get them back at the end of your chosen staking period.

There is no maximum withdrawal limit and no cooling-off period, which means you will receive your principal and rewards as soon as you submit a withdrawal request.

Do remember to turn off "Auto Reinvestment", otherwise your principals and rewards will automatically be re-staked to the next staking period.

10. After the staking period ends, can I choose another period option to stake?

Yes, you can. The "Auto Reinvestment" feature is limited to re-staking within one pool, while with a manual click to re-stake, stakers can switch to another pool after the previous pool ends.

Please note that a certain gas fee is required for re-staking by hand, but no gas fee is required for re-staking with “Auto Reinvestment” enabled.

When manually re-staking, stakers are allowed to divide their expired principals into several parts and re-stake them into staking pools with different periods.

If you withdraw or re-stake part of the expired staking, the amount will be deducted from the reward first and then the principal. For example, suppose you have an expired 7-day stake with a balance of 10000 CLH principal + 100 CLH; after you withdraw/restake 5000 CLH, the balance displayed on the panel will become 5100 CLH in principal.

11. Do I have to stake on the Ethereum Network? Is KYC mandatory?

The current staking feature is running on the Ethereum network only, which means if your CLH is inside a centralized exchange like Kucoin, Gate, or CoinW, you need to withdraw your CLH to your ERC20 wallet address and connect to ClearDAO staking website to participate.

The CLH staking is fully based on decentralized network and thus no KYC is required.