Staking

The $MKT Staking is exclusively accessible through the official SpaceCatch website. An allocation of 10 million $MKT tokens is set aside for staking for the next 5 years, utilizing a halving method. 50% of all staking rewards are going to be redistributed among the staking community during the first year. The daily reward for the first year is 14.140,5 MKT aprox.

Staking rewards up to 100% monthly

The highest staking rewards are going to occur during the first months, due to the very small circulation token amount, as the $MKT token has a very strict vesting. The table below shows expected rewards from staking if 30% of the $MKT tokens are being staked. The shown staked % amount of MKT tokens may be higher, leading to lower monthly returns, but also to lower circulation MKT supply, leading to a MKT price increase.

More staked tokens = fewer tokens in circulation = lower actual MC = higher token price!

Month after TGE

EXPECTED rewards (%) if 30% MKT staked

1st month

83% return per month

2nd month

65% return per month

3rd month

47% return per month

4th month

33% return per month

5th month

24% return per month

Vesting plan: 5% TGE, 5% month 2, and 10% over 9 months