Stake

CKKA Staking White Paper

Introduction

CKKA Staking is a decentralized finance (DeFi) mechanism designed to allow users to earn passive rewards by locking their CKKA tokens. With daily rewards, transparency, and secure smart contract technology, CKKA staking is a simple and effective way to grow your crypto holdings.

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Key Features

Feature	Details
Daily Rewards	0.3% daily rewards on the staked amount.
Reward Coin	Rewards are paid in CKKA tokens.
Lock-In Period	Tokens are locked for 183 days.
Reward Withdrawal	Rewards are withdrawable daily, allowing liquidity flexibility.
Principal Withdrawal	After 183 days, the staked CKKA can be withdrawn.

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How It Works

1. Staking

   Users deposit CKKA tokens into the staking smart contract, which locks the tokens for 183 days.

2. Daily Rewards

   You earn 0.3% daily on the staked amount, credited in CKKA tokens, and can withdraw rewards every day.

3. End of Lock Period

   After 183 days, you can withdraw the initial staked amount or reinvest it for continued rewards.

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Benefits of Staking CKKA

• Passive Income: Earn daily rewards of 0.3%.

• Liquidity: Daily withdrawals for rewards without affecting the locked principal.

• Network Support: Enhances the security and scalability of the Cikka ecosystem.

• Transparency: Powered by audited smart contracts ensuring trust.

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Economic Model

Staking Coin	CKKA
Reward Coin	CKKA (same as the staking coin)
Lock-In Period	183 days
Daily Reward	0.3% daily, paid in CKKA tokens
Total Supply	Fixed supply of CKKA (No inflation mechanism)
Principal Return	After 183 days, principal is withdrawable

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Illustrative Example

• Staking Amount: 10,000 CKKA

• Daily Reward: 0.3%

  • 10,000 CKKA × 0.003 = 30 CKKA per day

• Total Rewards Over 183 Days:

  • 30 CKKA × 183 = 5,490 CKKA

• Total After 183 Days:

  • Principal: 10,000 CKKA

  • Rewards: 5,490 CKKA

  • Total: 15,490 CKKA

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Reward Distribution Breakdown (Pie Chart)

• Daily Rewards: 100% of the reward in CKKA tokens.

• Withdrawable Daily: Rewards are withdrawable, offering liquidity.

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User Interface and Chart Representation

Daily Reward Over Time (Line Chart)

• X-Axis: Time (Days)

• Y-Axis: Daily Reward in CKKA

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How to Start Staking

1. Visit the Staking Platform

   Go to the Cikka Staking Platform.
2. Connect Your Wallet

   Use any compatible wallet like MetaMask to connect.

3. Deposit CKKA Tokens

   Choose the amount of CKKA tokens to stake, and submit your transaction.

4. Start Earning Daily Rewards

   Your rewards will start accruing immediately at a rate of 0.3% per day.

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Security & Transparency

• Smart Contracts: Secure, audited smart contracts ensure transparent staking operations.

• Immutable Records: All transactions are recorded on the blockchain for traceability.

• Secure Wallet Integration: Compatible with popular wallets ensuring secure transactions.

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FAQs

Question	Answer
Can I withdraw rewards daily?	Yes, rewards are withdrawable daily without affecting your locked principal.
What happens after 183 days?	After 183 days, you can withdraw your principal or choose to re-stake for more rewards.
Is there a minimum staking amount?	The minimum amount is specified on the staking platform.
Are there penalties for early withdrawal?	No, but the principal is locked for 183 days and cannot be withdrawn before that.

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Conclusion

CKKA Staking offers an opportunity for users to earn passive rewards with daily payouts, while supporting the Cikka ecosystem's growth. With the flexibility of daily reward withdrawals and a fixed 183-day lock-in period, this staking model is designed for both security and profitability.

For more information, visit:

CKKA Staking Platform

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