Can I stake Promo tokens?

Yes you can. Any investor or participant can stake PROMO token at the staking section. PROMO token staking is encouraged by the Promodex tier model for higher benefits such as more token allocation in IDO campaigns, participation in the governance of the platform, and higher Aggregated Reward Point (ARP) of a promoter.

Along with those benefits, there is an earning based on the annual percentage of staking rewards of PROMO token. The yield depends on the period of the time defined in the beginning. It can be 30, 90, 180 or 365 days. The longer the staked period is, the more the deserved Annual Profit Yield (APY) is.

What is the monetary policy of Promodex?

Promodex receives a 10% service fee for the use of its services. It allocates 25% of its campaign revenue to buy Promo tokens from exchanges. So the more the demand for Promo tokens is, the less the supply of Promo tokens is, which means higher prices for Promo tokens.