Trias Staking FAQ

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• Is the total amount of TRIAS fixed? How is it distributed?

  Yes, it is fixed, the total supply is 10,000,000 TRIAS, and its distribution follows the schedule all the time: Public Investor 6%; Seed Investor 8%; Foundation 20%; Ecosystem 13%; Team 10%; Early Supporter 10%; Mining 30%; Marketing3%. For more details, you can check through:https://www.trias.one/token-metrics-chart

• What preparation should I make if I want to join Trias Staking now?

  First of all, you need to have TRIAS tokens in BEP20, and you can buy either from KuCoin or Pancake Swap.

  For Kucoin users, you need to transfer your TRIAS token from the exchange to your BSC wallet, because all withdrawls from a centralized exchange (CEX) will be from the same address. Yet, a distinct wallet address is needed for getting staking principal and rewards.

  Some TRIAS holders have detected and reported instability when withdrawing TRIAS in BEP20 from Kucoin. Therefore, PancakeSwap is recommended and here is the guidance:How to buy TRIAS on PancakeSwap.

  Please make sure a DIRECT transfer from a CEX cannot be detected and will not be returned. Also, ERC20 TRIAS tokens will not be accpected for staking and will not be returned.

• How are the staking rewards generated?

  The staking rewards of Trias at this stage are generated from the current circulation, which is bought back by Trias Foundation from the secondary market. Therefore, unlike staking in other projects, inflation will not be generated in the Trias staking program. Please refer to the MagCarta economic whitepaper we published earlier:https://www.trias.one/econwhitepaper andhttps://www.trias.one/article/379/en

• Why there is no limitation on hardcap?

  It's a way to encourage more TRIAS holders to engage in the staking.

• What is price discovery mechanism?

  APY is calculated by Rewards/Total Amount of Staking. The softcap is fixed, and thus is highest APY is Rewards/Softcap, when the staking amount equals to the softcap.

  When the staking amount exceeds the softcap, as staking amount increases, APY drops to a level when the market thinks it best presents the demand. As APY drops, some stakers may quit the staking thinking the APY is lower than expected. When this happens, APY increases as the staking principal shrinks. Finally, it reaches an equilibrium.

• What if softcap isn't reached during staking period?

  When some stakers pull out during the staking period (from June 1 to June 30) and the staking amount is less than 50,000 TRIAS (the softcap), the rest of the stakers get the maximum APY of 120% rewards.

• Why can stakers withdraw staked TRIAS even during the staking period?

  In this way, demands of short-term investors and long-term investors can both be fulfilled especially when token price fluctuates heavily. Short-term investors can withdraw the staked TRIAS when price fluctuates or whenever they needs some liquidity. Long-term investors can get more rewards for their patience and benefit from other's withdrawing.

• Why Trias launch the staking on BSC?

  Trias has joined the BSC ecology on April 23.

  Also, as the staking supports pulling out in the middle of the staking, it is more economical and faster to use BSC network than ERC20 due to high gas fees.

• What is APY? How to calculate APY？

  APY means Annual Percentage Yield.

  APY is calculated by Rewards/Total Amount of Staking. The softcap is fixed, and thus is highest APY is Rewards/Softcap, when the staking amount equals to the softcap.

  Specifically, if 100,000 TRIAS has been staked, APY is 120%, meaning if some one stakes 100 TRIAS will get 100 TRIAS as principal and 10 TRIAS as staking rewards at the end of the staking period. If 200,000 TRIAS has been staked, APY is 60%, meaning if some one stakes 100 TRIAS will get 100 TRIAS as principal and 5 TRIAS as staking rewards at the end of the staking period.

• Why is Trias Economic Model special? How is it connected with Trias Staking Auction?

  In the MagCarta economic whitepaper, a hybrid staking model is proposed that would connect traditional enterprises to blockchain word, which called parallel staking systems as you can see in the figure. This staking system has two models that would fulfill the needs of enterprises and individuals, the Franchise-franchisee Model and the Staking Auction Model. The Staking Auction model allocates values generated from the Franchise-franchisee model operations to the token holders. These two models encourage more enterprise products to be developed and sold. The stronger the economy grows, the bigger the utility and values of the token. In this way, the ecosystem, the participants and the token holders get benefited.

  

• Could you tell us the key of Trias staking mechanism, and why should people join the staking?

  The key mechanism is that we don’t want our staking rewards come from inflation of the economy. We hope to grow the economy by making revenues from DApps (and in the future from the public chain). Currently, we have developed a mature business model in our own DApp (TriasForce) and we also have designed mechanism for others to do the same because we provide: 1) infrastructure and toolkits for developers; 2)blockchain software for distributors to sell; 3) a business network for service providers(who can modify the blockchain products to fit the demands of end users).

  During the process, the economy grows and the utilities of Trias generates and expands. In this way, our staking will not result in a high inflation rate because it has support from real business activities and value which are created within the ecosystem. Therefore, both short-term speculators and long-term holders can benefit from join the staking program.

• Apart from individual investors, franchisees and in the future franchisor (e.g. other infrastructure/software developer) stake, which is a unique design of the economy. How doe Trias attract franchisees and franchisor to stake?

  We can run a cost and benefit analysis for both franchisees and franchisors. For franchisees, joining the franchise network benefits not only from the trade surplus but also the investment return from the token price appreciation. The buyback model largely reduces the cost and risk of joining the franchise network. For franchisors, not only do they benefit from the revenue of sales of products, but also from the appreciation of tokens.

• Why do you want to integrate real business into Trias economic model?

  Our token economics model combines traditional business model and innovative token model, with the aim of deploying blockchain technologies to traditional businesses and pumping values into the ecosystem. We believe the times of hype has passed and industries need real applications of the blockchain tech.

  Apart from technology defects and underdevelopment, regulatory and business reasons are also blocking real customers from using. Here are some possible reasons:

  1) Due to legal and regulatory restrictions, applying cryptocurrencies in the traditional business world in some regions is illegitimate and difficult;

  2) There is no clear or practical rule for accounting and auditing;

  3) Cryptocurrency is highly speculative. Price fluctuations increase risks and uncertainties for businesses.

  By bringing franchisees and franchisors, most of whom are from traditional businesses, and integrating the staking and back-back model designed intrinsically by Trias, more businesses can enjoy the new technology and economy of the blockchain, while Trias can benefit from a value-supported mechanism to grow its ecosystem.

• How will individual investors benefit from Trias economy and staking?

  The key mechanism is that we don’t want our staking rewards come from inflation of the economy. We hope to grow the economy by making revenues from DApps (and in the future from the public chain). As individual investors, if you join the staking, the staking rewards come from revenues repurchased with an inflation rate. Thus the staking rewards can be set higher than any inflationary economy and continue to be sustainable. If you don’t join the staking, although you miss the staking rewards, you also benefit because:

  1) The business activities ensure the support of the token appreciation;

  2) The burning mechanism helps to deflate the economy. As a result, token value is supported.

• How to stake without Metamask?

  We encourage you to use Metamask to stake and withdraw for convenience. In this way, when you pull out your staking, you can almost instantly get your staking principal minus gas fees (only a very small amount, and is executed automatically).

  For users who do not want to use Metamask for staking,please read our rules carefully before you transfer your TRIAS tokens to the contract address created for staking: 0xFCACEce4Ec7bA7fc0E06aBe83a5aeB1C889E36Aa

  Please be assured that the staking contract is deployed by Trias team and your TRIAS tokens will be locked up on the contract, which can be found on bscscan.

  Following are crucial points:

  1) Check whether you are transferring TRIAS BEP20 tokens(instead of ERC20) for your wallet (instead of an exchange, e.g. Kucoin), and meeting the minimum (10TRIAS) and maximum (2000 TRIAS) amount of tokens.

  2) When staking period ends, users do not need to claim back tokens manually, once the team calculates the right amount of staking rewards, the final statistics and rewards will be announced in the community and the staking principals plus rewards will be sent back to the original wallets sending out the tokens.

• How to withdraw if you stake manually?

  If you want to pull out your staking, please click 'Withdraw' button and fill out a form to reclaim your tokens. Our team will check and send your staking principal(minus gas fees) back.