Q: What is the timeline for 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 related levels and multiples of the phased staking mechanism, either staking or re-staking after cancellation. The staking officially takes effect at 8:00:00 UTC+8 on May 24, 2025, and cannot be staked again afterward. For example, if a user chooses to stake for 120 days, it will start from May 24, 2025, until the end of staking on September 21, 2025.
Q: How are rewards distributed? When can the principal be retrieved?
A: The overall staking rewards are distributed over 4 years (48 months), starting from the time point of May 24, 2025, 8:00:00 UTC+8. Users can retrieve their principal after the staking ends, along with the first reward (Note: The first reward is the total reward for the length of the stake. For example, if a user staked for 24 months, they can collect 24 months of staking rewards at the first payout, and the remaining rewards can be collected monthly over the next 24 months).
Q: Which wallets are currently supported for the StakeDrop event?
A: Any wallet that supports BSC plugins is acceptable, with MetaMask being the preferred recommendation.
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 StakeDrop has undergone a security audit. Audit report: https://assets.binenet.com/reports/IOST_StakingDrop_Solidity_Smart_Contract_Audit_Report_V1.0.pdf
Q: What is the contract address on the BSC network? Where can I check the 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; there will be no earnings if it is less than 90 days.
Q: How is the reward calculated if I exit early after participating in staking?
A: If users exit before the chosen staking end time, for example, if a user who originally selected to stake for 120 days exits after 90 days, their earnings will be recalculated. The calculation logic is: the earnings will be settled according to a 90-day staking period, and after deducting a 30% penalty from the staking earnings, the user will ultimately receive 70% of the earnings for the 90-day stake (Note: At any time, canceling the stake does not affect the user's principal. The minimum staking period for this event is 90 days, and if a user exits before staking for 90 days, there will be no earnings).
Q: Why is there no earnings during the staking of IOST in the event period?
A: During the event period, users can make choices based on personal preferences (amount of IOST staked, duration of staking, etc.). If users wish to adjust their staking strategy (such as canceling staking, changing the amount staked, duration, etc.) within this month, they can do so at any time, and the principal will not be affected.
Q: Will the monthly rewards be unavailable after May 21, 2029?
A: There will be a 90-day deadline, meaning that as of May 21, 2029, there will still be a 90-day period to claim rewards. During this period, users can still claim unclaimed rewards.
Appendix:
IOST Introduction
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 an L2 mainnet based on BSC), focusing on real-world assets and a multi-chain ecosystem, 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 schemes, DID verification systems, and PayFi ecosystems, 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
IOST StakeDrop FAQ was originally published in IOST_CN on Medium, where people are continuing the conversation by highlighting and responding to this story.
