Avax Staker Pro — More Longevity. More Profit. More Pro.

6 min readMar 29, 2022

SAY HELLO TO THE FUTURE OF AVAX STAKING!

Avax Staker Pro is an innovative, community-driven, and high-yield staking protocol deployed on the Avalanche Network by utilizing AVAX, the network’s native token. Users can stake AVAX to earn high-yield passive income.

PRE-LAUNCH

Join the project in the pre-launch stage and get the distinctive advantages you won’t want to miss. Pre-launch investors can deposit on all available plans and be first in line to start accumulating daily interest simultaneously as the contract launches on 03/31/2022 at 10:00 PM UTC. You can also use our 3-level referral system to invite your friends and get up to 8% in rewards, which are available to withdraw at any time.

We think different.

Avax Staker Pro was developed in response to the rug pulls of various staking contracts that recently plagued DeFi. Notable incidents involve projects that would allow contract balances to run dry before the staking period ends and developers rugging investors’ funds. That is to say, they routed fees generated from investors’ funds to their private wallets instead of back into the contracts as promised. A quick investigation in the blockchain explorer would reveal this, but the damage was already done.

After meticulously reviewing their contracts line by line, we figured out what was going on, then made sure to include safety measures in our smart contracts that were transparent and more equitable to investors of all types.

Safety Is a Priority.

Ensuring a safe and secure staking experience is our number one priority, and that’s why we went ahead and immediately had our smart contract audited by Haze Crypto. Additionally, we have hardcoded anti-rug pull mechanisms in our smart contracts, so your funds will always be in your possession. The contract locks the funds that disable the ability for anyone to access your funds — not even our developers.

Full transparency is key to creating a sustainable platform, so we made sure to list all the pertinent details of our investment plans, the staking period, daily accrual rate, and ROI. There are no hidden fees or taxes, no re-routing of funds, and we also present various staking options depending on the plans selected. Taxes are outlined simply and clearly, so you can predictably expect earnings.

Investment Plans

We created investment plans that are not only easy to understand but completely predictable. The barrier to entry is low, with only a 0.1 AVAX initial deposit requirement. The two main categories of investments include Unlocked and Locked plans. We’ve established a 28-day staking contract, so feel free to make deposits now — the earlier you invest, the sooner you can earn rewards. Being fully transparent with our investment plans is key for a safe and predictable experience, so we have outlined details below on how our plans work.

Unlocked

Unlocked options include the Platinum, Premium, and Advantage plans. Choose any plan and enjoy the flexibility of unstaking and withdrawing funds three days after the staking contract has started. The three days requirement is there to ensure that there is liquidity in the staking pool as the contract progresses. Daily interest is applied to the initial plan deposit so you can easily predict what you will earn by the end of the staking period.

· Platinum — 14 days staking period; 11% daily interest on initial deposits; 154% ROI

· Premium — 21 days staking period; 9% daily interest on initial deposits; 189% ROI

· Advantage — 28 days staking period; 7% daily interest on initial deposits; 196% ROI

As an incentive to those who deposit funds after the staking contract has started, you can earn a higher daily interest depending on which day you enter. For every day that passes after the contract has started, a 0.6% increase in daily interest will be set depending on which day you have entered.

For example, if you start staking 100 AVAX on the first day of the contract in the Platinum plan, your daily interest on your initial deposit will be set at 11%. By the end of the 14 day staking period, you will have earned 154 AVAX (11 AVAX per day for 14 days). However, if you deposited 100 AVAX after the staking period has started, say on the third day, your daily interest will be set to 12.2% instead of 11% (11% for Day 1, 11.6% for Day 2, 12.2% for Day 3, 12.8% for Day 4, etc.). Doing this incentivizes investors to keep their funds staked, which helps to maintain a sustainable liquidity pool.

Locked

Locked options include Venture X, Palladium, and Centurion plans. Each plan locks in your funds, so withdrawals aren’t possible until the staking period ends. The locked funds ensure that our staking pool has liquidity which makes for a safer investing experience. In exchange for your commitment, we are featuring higher daily interest rates on your entire investment holdings (as opposed to just your initial deposits per the Unlocked plans). In addition, the higher daily interest rates accrue by 0.6%, which compounds your total earnings as each day passes.

· Venture X — 14 days staking period; 16% daily interest on initial deposits; 698% ROI

· Palladium — 21 days staking period; 15% daily interest on initial deposits; 1782% ROI

· Centurion — 28 days staking period; 14% daily interest on initial deposits; 3820% ROI

For example, if you choose the Venture X plan and deposit 100 AVAX on the first day of staking, you will receive 16% of your initial deposit, which will amount to 16 AVAX. Every day after that, you will receive the 0.6% plus the previous daily earning percentage of your total holdings. So for the second day, you will be earning 16.6% of 116 AVAX, which is 19.26 AVAX. On the third day, you will be earning 17.2% of 158.52 AVAX and so on until your staking period ends. At the end of the 14 day plan period, you will have a total of 1265.41 AVAX.

Fees & Taxes

To ensure that our project is well oiled, we are collecting taxes in the form of contract and withdrawal fees. Below we have outlined where all the fees go and what they are used for.

15% Contract Fee

· 5% Avax Staker Pro Team — Funding will be allocated to business operations and development for Avax Staker Pro.

· 5% Marketing — We are advertising and building awareness via social media such as YouTube, Instagram, Twitter, etc.

· 2.5% Treasury Reserve — This portion will be allocated to the XPRO DAO that will be coming up in the near future. Funds in this treasury will be used for the DAO’s operations and development.

· 2.5% XPRO Token — Investors in the locked Locked plans (i.e., Venture X, Palladium, Centurion) will receive an airdrop of XPRO tokens which are funded from this allocation. XPROtokens will be used to power the upcoming DAO (coming soon). Additionally, these tokens will provide liquidity to exchanges.

WITHDRAWAL TAXES

All withdrawal tax will be allocated back into the contract, which provides longevity for the contract itself (i.e., rewards, ROI, etc.). This contract is a pool where all the funds for investors are held.

· 16% on 14-day plans — this tax is collected for Platinum and Venture X plans.

· 15% on 21-day plans — this tax is collected for Premium and Palladium plans.

· 14% on 28-day plays — this tax is collected for Advantage and Centurion plans.

For example, if you have invested in the Advantage plan after the 28-day staking period ends, you will have a 196% profit. When you withdraw funds, you will be charged both contracts and withdrawal taxes. So from the 196% profit, a total of 29% (15% contract fee + 14% withdrawal tax) will be deducted.

Referrals

As a bonus to those helping us to grow our platform, we have instituted a lucrative referral program. Simply refer your friends to earn more rewards through our 3-level referral program.

· 8% in rewards for inviting your friend

· 4% additional for the second referral

· 2% additional for the third!

After connecting your wallet, you will see your referral link. Simply copy your referral link and send it to your friend. You will instantly receive 8% of your initial AVAX deposit! If your referred friend has another friend sign up using your link, you will earn an additional 4%. You can earn an additional 2% if this repeats to a third referral.