10% APY for a 365-day period
1. Staking Period: The staking period for SANDO Token is 365 days, beginning on the date of deposit.
2. Minimum and Maximum Staking Amounts: The minimum staking amount is SANDO Token and there is no maximum staking amount.
3. Rewards Structure: Stakers will receive a reward of 10% of the total SANDO Token supply on a monthly basis.
4. Reward Payouts: Rewards will be paid out to stakers on the first day of each month.
5. Token Withdrawal: Staked tokens may be withdrawn after the 365-day staking period has ended.
6. Risk: Staking tokens in the SANDO Token Staking Program is subject to market risk. The value of SANDO Token may fluctuate and stakers may lose some or all of their staked tokens.
7. Changes to Terms: SANDO Token reserves the right to make changes to these terms and conditions at any time. By staking SANDO Token, you agree to these terms and conditions.
8. Transparency: SANDO Token will provide regular updates and transparency on the staking program through its website and communication channels. This includes information on the total number of tokens staked, total rewards distributed and any changes to the program.
9. Communication: Stakers will be kept informed of any updates, changes or issues with the staking program through email or other means of communication as designated by SANDO Token.
10. Staking Performance: The performance of the staking program, including the amount of rewards paid out and the overall success of the program, will be regularly evaluated by SANDO Token.
11. Staking Auditing: SANDO Token will have an independent auditor to regularly review the staking program and ensure that all rewards are paid out accurately and fairly.
12. Staking Security: SANDO Token will take all necessary measures to ensure the security of the staked tokens, including implementing industry-standard security protocols and regularly reviewing and updating its security measures.
13. Staking Support: SANDO Token will provide stakers with support and assistance in the event of any issues or concerns related to the staking program.
14. Liability: SANDO Token and its team will not be held liable for any losses incurred by stakers as a result of participating in the staking program.
15. Dispute Resolution: Any disputes arising from the staking program will be resolved by the SANDO Token team in a fair and reasonable manner.
Please ensure that you carefully read and fully understand the terms and conditions of the SANDO Token Staking Program before participating. It is imperative to always thoroughly review and comprehend the specific terms and conditions provided by the project prior to engaging in any staking program.