SPI Club is a stable gamified staking system that allows you to stake your $SPI
Upon staking you will lose 10% of your initial staking investment
Upon exiting you will lose 10% of your exit staking investment. This does not include Staking reward earned which you can withdraw at any point in time.
This keeps the staking system stable and fair for everyone while encouraging investors to hold strongly. The 10% fee upon entering and exiting staking gets redistributed to all other current stakeholders.
In exchange for your staked $SPI you get the $SPIO token which is exchanged 1:1 for $SPI upon exiting staking.
Source code for SPI Club can be found here
DISCLAIMER: This staking system is STABLE. The staking system rewards LONG term holding of $SPI and SPIO. It is unlikely to make up the 20% of the enter and exit fees in a SHORT period of time. Exercise caution to determine if staking is right for you. LONG TERM holding highly recommended.
DO NOT TRANSFER SPIO BETWEEN WALLETS. USE ONLY MetaMask OR TrustWallet TO STAKE. IF YOU TRANSFER BETWEEN YOUR OWN WALLETS. YOU ARE RESPONSIBLE FOR ANY LOSS OF $SPI/SPIO. ONLY USE THE SAME WALLET FOR STAKING AND WITHDRAWAL.