📈Staking & Rewards

Staking rewards are compiled by the tax shown within the contract, with 5% of all taxes going to rewards, the way the rewards work are as followed:

When you claim, the contract actually does the following

• When somebody purchases/sells $COQBOX 5% of the tax go into the staking fund, the staking fund is then distributed on the buy/sell transaction call to every staker within the pool

• Your initial staking rewards are in $COQBOX until you claim the tokens, It buys $COQ with your staking rewards collected in $COQBOX for its $USDC value shown in the dApp.

• When $COQBOX price drops its $USDC value gets less. So there's less $USDC value to buy $COQ for your rewards.

• Additionally when $COQ goes up you'll get also less $COQ because you need more $USDC value to buy.

• If $COQBOX price goes up, you receive more $COQ on your claim.

• Your rewards may vary which is shown on the dApp depending on the slippage used when the claim function is activated.

• You're not losing any rewards if your $COQ amount decreases, it's just the conversion rate.

Sometimes your $COQ rewards may be lower, but if you check your $COQBOX amount build up, this would have gone up - This is based on the fact that initial rewards are built up in $COQBOX and then later switched to $COQ when the claim function is called - In the dApp (https://www.coqinabox.xyz/staking) the $COQBOX amount in the bottom right of the dApp will show your rewards piling up, this is the number you need to track - If concerned about the price changing, you can claim your rewards every 24h to avoid price changes, the number you should be following is shown below: