Carbify will offer staking solutions like no other project. It is based on real-life products and #realyield. Carbify is selling carbon debits generated by real trees planted in the Amazon rainforest to businesses that need to offset their carbon emissions. We are using a fully certified way, explained on our global carbon standard page. These trees are backed by NFTs which generate carbon debits. Carbify Staking!
Tree staking introduction
We offer a steady 175 $aCO2 tokens per NFTree every year for just owning the trees. This represents 175 kg of carbon absorbed from the air. These NFTrees are bound to real trees planted in the Amazon rainforest. It’s important to understand we plant more than just one tree for every NFTree bought. One of these trees is reserved for the ‘tree staking program’. An innovative Carbify solution that will get many Defi lovers very excited! We do not pay out speculative crypto tokens inflating the supply like most crypto projects. We payout carbon debits to participants staking the trees! These carbon debits will be bought by companies who are seeking to offset the business its carbon emissions.
Staking explained
By planting trees on Carbify land plots, you can increase your rewards significantly. You need trees, a land plot and $CBY tokens for the staking program. We offer three types of land plots:
- Genesis plots. 1500 editions. Can host 50 NFTrees.
- Premium plots. 7500 editions. Can host 30 NFTrees.
- Standard plots. Unlimited editions. Can host 15 NFTrees.
You need $5 paid in $CBY tokens to stake your trees. The $CBY tokens will be locked until you unstake your trees.
Important: For every NFTree bought, we plant a staking reward pool tree. 100% of the generated $aCO2 tokens are donated to this pool. This means the rewards increase when fewer trees participate!
The rewards will be distributed like this:
- 100% bonus to Genesis staked trees (at least 175 $aCO2 bonus)
- 90% bonus to Premium staked trees (at least 157,5 $aCO2 bonus)
- 80% bonus to Standard staked trees (at least 140 $aCO2 bonus)
The remaining $aCO2 will be distributed to all plots. This is where the real gains are, as loads of trees won’t be staked. The remaining $aCO2 will be distributed equally to Genesis plots (50%), Premium plots (30%) and Standard plots (20%).
Reward example
10.000 NFTrees sold
50% is participating in staking.
Two thousand five hundred (2500) trees staked on Genesis plots.
Two thousand trees (2000) staked on Premium plots.
Five hundred trees (500) staked on Standard plots.
This results in the following:
175 + 237,69 $aCO2 for a tree staked on a Genesis plot.
157,5 + 142,69 $aCO2 for a tree staked on a Premium plot.
140 + 95,13 $aCO2 for a tree staked on a Standard plot.
The current prices for carbon on the voluntary market vary between $10 and $80 per ton of CO2 absorbed. Additionally, the cost of one tree is $12.50. I suggest using a calculator to determine the potential return, as we cannot guarantee or promise a certain yield. However, with the information provided, calculating the potential return should not be difficult. Carbify Staking!
Unstaking and $CBY
If you decide to unstake your trees, you’ll get back the CBY tokens that you used for staking, but a fee of 7.5% will be deducted. This fee amounts to 1.5% of your total investment (Trees, land plots and $CBY tokens). This means it’s not a 7,5% charge. The tokens that are deducted as fees will be burned (destroyed) permanently. Once you’ve unstaked, you’ll have to wait for a 14-day cooling-off period before you can stake your trees again.
Unstaking and $CBY
If you decide to unstake your trees, you’ll get back the CBY tokens that you used for staking, but a fee of 7.5% will be deducted. This fee amounts to 1.5% of your total investment (Trees, land plots and $CBY tokens). This means it’s not a 7,5% charge. The tokens that are deducted as fees will be burned (destroyed) permanently. Once you’ve unstaked, you’ll have to wait for a 14-day cooling-off period before you can stake your trees again.
By burning tokens, the token becomes deflationary. In addition, the staking program will reduce the number of $CBY tokens available in circulation.
Join us!
Are you just as positive as we are? Join us in our efforts! Contribute, Compensate or learn more about our project.
Carbify Greenpaper: https://docs.carbify.io/
Carbify Website: https://www.carbify.io
Carbify Discord: https://discord.gg/carbify
Carbify Telegram: https://t.me/carbify
Carbify Twitter: https://twitter.com/Carbify_io