Distribution, Allocation, How it can be withdrawn, Stake longer earn more..
Big Pay Days (BPD) are a valuable reward mechanism that was built into the Axion ecosystem to incentivize longer stakes. There are 50,000,000,000 AXN tokens allotted to the Big Pay Days over five years for stakes that are locked for the required amount of days or more. Users that stake at least 350 days will be eligible to receive the first BPD reward allotment, and users that stake at least 700 days will be eligible for the second, and so forth, until the fifth BPD has been released.
The BPD contract holds the Big Pay Day tokens and releases them on the appropriate day(s) based on the stored information and user data within the contract.
The calculations for the amount of tokens distributed across the five BPD’s are:
- 10/29/2021: 10% of the tokens are distributed -> 5,000,000,000 AXN
- 10/14/2022: 15% of the tokens are distributed -> 7,500,000,000 AXN
- 09/29/2023: 20% of the tokens are distributed -> 10,000,000,000 AXN
- 09/13/2024: 25% of the tokens are distributed -> 12,500,000,000 AXN
- 08/29/2025: 30% of the tokens are distributed -> 15,000,000,000 AXN
BPD rewards are added to the interest of the corresponding stake and cannot be withdrawn separately.