Strike DeFi 3.0 vault allows users to participate in profit sharing by staking STRK-ETH LP tokens. The earnings are paid in STRK on Ethereum. Here is all you need:
- Own STRK-ETH Uniswap V2 LP
- Own at least 2 Degen Ape Strike NFT to enter the vault (max number of NFTs allowed in the vault is 20, per address)
HOW TO GET STRK-ETH LP IN YOUR WALLET:
Users can create STRK-ETH LP with STRK and ETH in Uniswap V2 Liquidity page.
How to get STRK in your wallet
You can buy STRK in Uniswap V2, Kucoin, Okex, Poloniex, Upbit, Bittrex and Latoken.
https://www.kucoin.com/trade/STRK-BTC
https://poloniex.com/exchange/USDT_STRK
https://www.okx.com/trade-spot/strk-usdt
https://upbit.com/exchange?code=CRIX.UPBIT.KRW-STRK
https://bittrex.com/Market/Index?MarketName=BTC-STRK
https://latoken.com/exchange/STRK-USDT?UTM_source=coinmarketcap
HOW TO GET Degen Ape Strike NFTS IN YOUR WALLET:
Users can get Degen Ape Strike NFTs in 2 ways:
- Mint a new NFT from NFT Mint page. Each NFT costs 0.3 ETH.
- Users can buy NFT in LooksRare Marketplace directly.
Details description:
There will be 2 different type of rewards in the Vault:
- Base STRK rewards
- Booster STRK rewards
All users with minimum 1 Degen Ape Strike Club NFT staked will get Base STRK rewards each days based on this simple formula:
(User STRK-ETH LP Staked / Total STRK-ETH LP Staked) * (Daily total rewards allocation)
If a user will unstake a part or all his STRK-ETH LP / Strike nfts, he will automatically claim the Base STRK rewards. Users will be able to unstake their STRK-ETH LP or Strike nfts from the Defi 3.0 vault only after 48h and will be able to claim Base STRK rewards only after 24h
All this action will reset the 24h claim and 48h unstake timer:
- Stake more STRK-ETH
- Stake more Degen Ape Strike Club nfts
- Claim rewards
All users with more than 1 Degen Ape Strike Club nfts staked will get Base STRK rewards + Booster STRK rewards each days based on this simple table:
| Strike nfts staked | APR booster | Base STRK rewards | Booster STRK rewards | Total rewards |
|---|---|---|---|---|
| 2 | 20% | 100 | 20 | 120 |
| 3 | 30% | 100 | 30 | 130 |
| 4 | 40% | 100 | 40 | 140 |
| 5 | 50% | 100 | 50 | 150 |
| … | … | … | … | … |
| 20 | 200% | 100 | 200 | 300 |
If a user has 2 Strike nfts staked and earn each day 1000$ Base STRK rewards, he will also earn 20$ Booster STRK rewards, so 1200$ total
If a user has 10 Strike nfts staked and earn each day 100$ Base STRK rewards, he will also earn 200$ Booster STRK rewards 200% of Base rewards, so 300$ total.
The max Strike NFTs staked amount is 20 NFTs.
The Booster STRK rewards could be claimed only after 30 days. If a user will unstake a part or all his STRK-ETH LP / Strike nfts, he will lose the unclaimed Booster STRK rewards.
All this action will reset the 30 days Booster STRK rewards claim timer:
- Stake more STRK
- Stake more Degen Ape Strike Club nfts
- Claim Booster STRK rewards
Users could claim Base STRK rewards each day without resetting the timer and basically they could claim Booster STRK rewards each month.
That’s all for now. We sincerely hope you will enjoy this great new Strike Finance Staking. Remember, that the more profit the protocol makes, the more we will share with the Strike Defi 3.0 vault users. Exciting times ahead!