Launching in Q1 2023, High Stakes’ IBEX program will enable delegators to receive extra benefits in addition to their normal staking rewards.
♠ Prorated to the volume they delegate in our validators, the users will receive a share of a fund’s staking rewards in addition to their usual rewards.
♣ Loyalty points, IBEX, will be regularly sent to the users in proportion to their staked amount, and will be redeemable at any time against Cosmos Hub’s ATOMs.
♥ In addition to a portion of its own rewards, the fund will receive a monthly percentage of our nodes’ commissions, ensuring continuous growth.
♦ Until the fund is operational, monthly snapshots will be taken to calculate the initial share of each participant.
Generated by our Staking Fund, rewards will continuously flow to every delegator who staked on any of our validators, dramatically increasing base rewards over time.
Activating auto-compounding of your staked funds, along with the fund's steady growth, will ensure that you benefit from one of the best APY in the industry.
The distribution of IBEX loyalty points will be proportional to the staked amounts, capped to a maximum. This will ensure small holders still benefit from the program.
Snapshots will be taken regularly until the launch of the platform. This history will be used for the initial airdrop to reward early Stakers.
Going forward, High Stakes Switzerland will evolve into a DAO which will enable our stakers to shape the future of the company and decide how it is run.
Firm believers in the distributed technology and with a focus on privacy and security, we are designing our platform to be as simple and efficient as possible: fully non-custodial, requiring no account creation nor any kind of private information.
Users won’t need to perform any particular action other than an optional linking of their wallets to benefit from the program — all it takes is staking on our nodes, which automatically grants access to IBEX loyalty points redeemable against a share of the Staking Fund’s weekly rewards.