Staking

Enphyr provides staking to incentivize holders of ENP.

Holders will only be allowed to stake in one contract at any given time. They will have an option one week before the maturity of their contract to rollover their existing contract to another one. They can choose to exercise the option anytime during this one-week period.

Once the option lapses, holders will not be allowed to re-stake their tokens and users can only rollover their principal once into another contract. They will have to claim their tokens earned from their previous contract at maturity.

Holders can choose to terminate their contracts prior to the maturity date, but however they will only get back their principal and forego any ENP earned.