Multipliers

To reward the most dedicated PDT holders, we use a time-weighted multiplier. As your multiplier grows, so does your share of the total staking reward pool and therefore, the PRIME you’re eligible to claim at the end of a reward epoch.

When you stake, your multiplier starts at 1x and begins growing linearly. Every six months, the multiplier increases by 1x (that’s about 0.042x per week or 0.167x per month).

We apply a new multiplier to each staking event — an amount of PDT staked today will have a greater multiplier than a future amount staked. Unstaking removes all your staked PDT from the contract and resets your multiplier.

If you foresee yourself unstaking a portion of your staked balance and don’t want to reset your multiplier, you may consider staking that portion from another wallet.

Example

You have 10,000 PDT and decide to stake all of it today. Every 3 months, you buy and stake another 10,000 PDT. Your total staking multiplier reflects the average current multiplier for the tokens from each staking event.

Example 1

If you decide to unstake your PDT, you’d lose the benefit of the multiplier you’ve built (and therefore the weighting of your PDT).