How ENC Staking Works

Stake your ENC to reduce your commission rate.
The longer you stake your ENC, the lower your commission rate.

Commission rates

No Staking25%

30 days21%

180 days18%

360 days15%

720 days10%

Your stats

Total ENC (displayed above the Buy button): All the ENC you hold: your wallet balance, the ENC you have yet to claim from Vesting and Public SALE, and your staked ENC.

ENC Staking Amount: The amount of ENC currently staked.

Staking End Date: The exact date and time your current Staking Period ends, shown in your local time zone (the contract unlocks on a UTC timestamp). Once it passes, your commission rate returns to 25%.

Commission Rate: Your current commission rate.

Available ENC: The amount of ENC in your wallet that is available for staking.

What you can do

Not staking yet

Enter the amount of ENC and select a staking period to start staking. Your commission rate will be updated immediately.

While staking

Stake more ENC: Your remaining staking period will reset to the full selected staking period.

Change Staking Period: You can only switch to a staking period that is longer than your remaining staking period. Your commission rate will be updated immediately, and the remaining staking period will reset to the full selected period.

Unstake: Withdraw your staked ENC before the staking period ends. In this case, a 10% fee will be charged on your staked ENC.

After the Staking Period expiry

Claim to Wallet (Unstake): withdraw your unlocked ENC to your wallet

Restake: Select any Staking Period and stake your unlocked ENC again without withdrawing.

Important

Commission is deducted directly from your staked ENC based on the market price of ENC at the time of deduction.

If all of your staked ENC is used up or not enough to pay commission, your staking status automatically changes to No Staking, and your commission rate returns to 25%.

Only one Staking Period plan can be active at a time.