Proposal Discussion: New Reward Staking Contract for Purse Token

Happy Valentine’s Day! :two_hearts:

More than 800 Million PURSE Reward giveaway for users that stake from Today (14 Feb 2023) to 14 June 2023!

Stake Early to earn more! As the Reward is calculated based on daily average.

:point_down:

30% for Retroactive Reward Part 2

  • Stake Period: Beginning to 14 June 2023

70% for Fresh PURSE Deposit Reward

  • Stake Period: 14 Feb 2023 to 14 June 2023
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:smiling_face_with_three_hearts: thanks @zerogravity

Hello Everyone!

Remember to stake your PURSE now at https://pursetoken.com/stake to earn up to 800 Million PURSE! :money_mouth_face:
The earlier you stake, the more PURSE you earn!
Don’t wait anymore~

  • Stake Period: 14 Feb 2023 to 14 June 2023
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Fresh PURSE counts as new stake for any type of account or only a stake for an account that never made a stake before?

I believe it means any new token staked in any new or previous wallet, the new token staked will be under the newer contract that has like a 21day to unlock period, the staked tokens under the 30% are those in the earlier contract still; which do not have a lock up period

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@CryptoKid

Fresh PURSE is counted:

  • As long as the current share balance > share balance as of 13 Feb 2023

It will not be counted:

  • If user withdraw and re-deposit the PURSE
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got a question today in the purse group in telegram when is this one Distributed - Please

Hi All, this day has finally come, ~800 Million PURSE token Reward will be given out at around mid of July for both part 1(30%) and part2(70%). Our team is working on finalise the address list.

Please make sure follow this forum thread and PURSE twitter account to avoid missing any update.

Wishing everyone a wonderful and joyous Hari Raya Haji celebration.

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Hey everyone!!

Really excited to share that the next Retroactive Rewards campaign for 838 million PURSE is READY and it will go live during the following time period:

RetroactiveRewardsTimeframe

Again, the campaign will run from:
24 July 2023 12:00:00 SGT (GMT +8) - 31 Aug 2023 12:00:00 SGT (GMT +8)

Mark that in your calendars, you don’t want to miss it!

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Cool!

Any chance we can know the retroactive APY after the reward as this will do justice to staker that staked into the single staked farm cos it’s definitely much higher than the current displayed apy

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I’m getting a contract error, it’s showing the amount of rewards but when I click claim I get an error

Hi @malcolmT !

When trying to claim my ~0.7M $PURSE retroactive reward using Metamask), I get a “we couldn’t estimate the gas fee. There might be an error in the contract and the transaction might fail”.
Beside that, the Tx fee is just HUGE : 0.4 BNB !!

Thx.

Hey everyone,

Apologies for the little hiccup! There was a peculiar error on the front end interface that was causing some issues with the merkle proof verification. We just released a bug fix and you should be able to claim now.

And the transaction fees should be approximately 0.0007BNB or thereabouts.

Thank you!

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Works great. Thx !

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working now Cheers

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Hello!) Is there an instruction on how to stake purseToken? Am I having trouble with this?
Sorry!)

No worries. Yes, you can find it in the Docs tab, but here’s a link to it: https://pundix-purse.gitbook.io/untitled/products/purse-staking

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I have to say I had to spend long minutes to understand what to do.
The UI is a bit “messy” if I may… Would be great if it was closer to fx-swap’s UI…
Anyway, it works…

Hello!

We made some changes to the PURSE staking page:

Layout:

We’ve grouped metrics that are user related to the left side of the component, and metrics that are related to the overall staking to the right side of the component to make it less confusing.

Displayed APR
Screenshot 2023-08-11 at 6.03.46 PM

The APR now takes the retroactive rewards into account :slight_smile:

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