YIN Staking

How many transactions will there be to participate in Staking？

Two Steps:

1. Authorize YIN

2. Stake YIN

How long is the cooling-off period?

Staking can be terminated anytime, but the cooling-off period is 14 days, that means the moment you cancel the staking, your capital will be locked in for 14 days. Maybe it could be adjusted by governance in the future. You could also choose Rage Quit in the cooling-off period, the platform will charge 5% from your total capital.

What's the risk of Staking?

The main risk is the price fluctuations of YIN token during 14-day cooling-off period. You will be charged if you force to exit.

Will there be Impermanent Loss(IL)?

Since it's single token staking, there is no Impermanent Loss.