Staking

Users can earn rewards in ETH while they have EPIK staked on Ethereum, and in BNB while they have EPIK staked on BNB Chain.

Throughout the process of staking, users will need to pay for transactions in ETH on Ethereum and BNB on BNB Chain. Fees vary by network and transaction type, and are paid to the network, not to EPIK.

How is the APY Calculated

The APY is dynamic and fluctuates based on the TVL of EPIK staked, the price of ETH (or BNB if staking EPIK on BSC), and the price of EPIK. The yield earned (represented by APY) on the EPIK you staked is converted to ETH (or BNB) based on realtime market prices and then rewarded to you in ETH (or BNB). Check -> EPIK Staking Pool Stats

What APY can you expect to earn

The APY is dynamic and fluctuates based on the TVL of EPIK staked. Over time, Epik anticipates an average APY of around 2–15%, paid in the native token of the chain (either ETH or BNB). Epik's contracts calibrate regularly to achieve the target APY range, however, keep in mind that there may be daily fluctuations outside of that range at the next calibration.

Periodically there will be promotional events where special APY rates will be offered. Anyone who is staked during those periods will benefit from the APY rate surge. To stay notified when promotions happen, follow Epik on X and Telegram.

Is there a limit on the amount of EPIK tokens I can stake?

No, you can stake any amount of EPIK available in your wallet. There is a minimum staking amount required to reach Prime and Prime+ Memberships, however, you can stake more than these minimums and enjoy Staking Rewards on any amount of EPIK staked.

Is re-staking required every month?

No, users can maintain membership level by maintaining the staking level required for each membership level and that’s it.

Will the membership requirement levels change over time?

Yes, over time, the amount of EPIK required to stake for each membership level may change periodically. Users can check their Profile at any time regarding their membership status.

When and how to unstake the staked EPIK

There is a two-step process to withdraw staked EPIK.

Step 1: Request Withdrawal.

After requesting to Withdraw users must wait for the Cooldown period to complete before withdrawing the EPIK back to their wallet. Users will still earn the APY during the Cooldown period.

Step 2: The Cooldown has been completed.

Users have successfully Unlocked their EPIK tokens for withdrawal. Simply continue to Withdraw tokens to complete the unstaking (withdrawal) process and to transfer the EPIK back to the user's wallet. They will still earn the APY while any tokens are unlocked but have yet to be Withdrawn.

Note: Gas Fees will be used in each step of the withdrawal process.

How to claim staking rewards

For ETH or BNB staking rewards earned, simple click the "Claim Rewards" button on the staking page, and user must authorize it in their wallet.

Staking on both chains simultaneously

Staking on both ETH and BNB simultaneously is possible. However, only one wallet can be linked to a user's Epik Prime Profile at a time, and it will be based on this linked wallet that determines whether you have staked enough EPIK to qualify for membership status levels.

Users also have the ability to change which wallet they link.

Rewards will accrue to any wallet users have staked with regardless if it’s the current wallet connected to your account.

Staking using multiple wallets

Staking with multiple wallets is also possible, however, only one wallet can be linked to a user's Epik Prime Profile at a time, and it will be based on this linked wallet that determines whether you have staked enough EPIK to qualify for membership status levels.

Users also have the ability to change which wallet they link.

Rewards will accrue to any wallet users have staked with regardless if it’s the current wallet connected to your account.