FLOKI officially released the details of its pledge plan on the X platform. How the program works includes:
Lock-up period: The staking plan introduces a minimum lock-in period of 3 months and a maximum of 4 years;
Staking tiers and multipliers: Staking tiers and multipliers are implemented to incentivize longer lock-up periods, for example, users who choose to stake for 4 years can receive nearly four times higher rewards than users who choose a shorter 3-month lock-up period;
Penalty: In order to prevent premature withdrawal, a penalty of 5% to 20% of the original FLOKI tokens initially participated will be levied, and this penalty will be automatically deducted; the longer the user stakes, the higher the penalty, which creates an impact on early withdrawal. Strong inhibitory effect. The early withdrawal fee is 5% for the 3-month plan, 10% for the 12-month plan, 15% for the 24-month plan, and 20% for the 48-month plan.