Q: What is the duration of the StakeDrop event?
A: From April 23, 2025, to May 24, 2025, 8:00:00 UTC+8 is the Offering Period. Users can freely choose the staking duration based on the relevant levels and multipliers of the phase's staking mechanism to stake or re-stake after canceling. The staking will officially take effect on May 24, 2025, at 8:00:00 UTC+8, and no further staking can occur afterward. For example, if a user chooses to stake for 120 days, the calculation starts from May 24, 2025, until the staking ends on September 21, 2025.
Q: How are the rewards distributed? When can I reclaim the principal?
A: Overall staking rewards are distributed over 4 years (48 months), starting from May 24, 2025, 8:00:00 UTC+8. Users can reclaim their principal after the staking ends while receiving the first reward (Note: The first reward is the total reward for the staking duration, for example, if a user staked for 24 months, they can receive the 24 months of staking rewards at once, and the remaining rewards can be received monthly over the next 24 months).
Q: What wallets are currently supported for the StakeDrop event?
A: All wallet plugins that support BSC can be used, with a preference for MetaMask.
Q: Can I directly withdraw IOST to the BSC chain on Binance exchange?
A: Yes, mainstream exchanges like Binance have supported IOST on the BNB Chain (BEP20) network.
Q: Has the StakeDrop been audited? Is it safe?
A: The IOST StakeDrop has undergone a security audit, and the audit report can be found at: https://assets.binenet.com/reports/IOST_StakingDrop_Solidity_Smart_Contract_Audit_Report_V1.0.pdf
Q: What is the contract address for IOST on the BSC network? Where can I view token information?
A: IOST (BEP20) contract address: https://bscscan.com/address/0xaf48b7e315a52518cfbf7d96c455d9dfad94cb48
IOST (BEP20) token information: https://bscscan.com/token/0xaf48b7e315a52518cfbf7d96c455d9dfad94cb48
Q: What is the minimum staking period in days?
A: The minimum staking period is 90 days, and there are no earnings below 90 days.
Q: If I exit the staking early after participating, how will the rewards be calculated?
A: If a user exits before the chosen staking end time, for example, a user who initially chose to stake for 120 days exits after 90 days, their rewards will be recalculated. The calculation logic is as follows: calculate rewards based on a 90-day staking period, and after deducting a penalty of 30% on staking rewards, the user will ultimately receive 70% of the staking rewards for the 90 days (Note: At any time during the cancellation of staking, the user's principal is not affected. The minimum staking period for this event is 90 days, and if users exit before staking for 90 days, there will be no earnings).
Q: Why was there no earnings for staking IOST during the event?
A: During the event, users can make choices based on personal preferences (such as the amount of IOST staked, duration of staking, etc.). If they want to adjust their staking strategy (such as canceling staking, changing the amount, or duration, etc.) within this month, they can do so at any time without affecting the principal.
Q: Will the monthly rewards be unavailable after May 21, 2029?
A: There will be a 90-day deadline, meaning there are still 90 days until May 21, 2029, to claim rewards, and users can still claim unclaimed rewards within this period.
Attached:
Introduction to IOST
IOST was established in 2017 and is headquartered in Singapore, supported by top global investment institutions like Sequoia, Matrix, and ZhenFund.
IOST 3.0 is an innovative high-performance blockchain platform (composed of a compliant L1 mainnet and a BSC-based L2 mainnet), focusing on real-world assets and multi-chain ecosystems, aiming to bring institutional-level financial infrastructure into the Web3 space and build a bridge connecting TradFi and DeFi.
IOST 3.0 deeply integrates Layer 2 scaling technology, RWA tokenization solutions, DID verification systems, and the PayFi ecosystem, aiming to solve the scalability, security, and usability challenges in mainstream blockchain technology applications.
Official website: iost.io
Block Explorer: iostscan.com
Link3: link3.to/iost
Zendesk: iost.zendesk.com
IOST Chinese Community X: x.com/IOST_CN
IOST Chinese Community Telegram: t.me/IOSTChina
IOST Chinese Community Medium: medium.com/iost-cn
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