Frequently Asked Questions
Vault Selection
Big PROTEC vs Smol PROTEC. Which one should I go for?
If you've got the cash, go for Big PROTEC. You'll need to deposit an equal amount of both $PROTEC and $BNB, whereas Smol PROTEC only requires $PROTEC.
Lock Period
Will putting in more money increase the length of my lock period?
No. Depositing more won't change the lock time, it'll just reset the timer.
Will making a claim extend my lock period?
No. Each claim won't change your lock period, it'll just reset the timer for another 24 hours.
Rewards and Debase
Do the rewards in the vaults get debased too?
They will only get debased after claim.
Can the reward rate change in the future?
Yes. The dev might adjust the rewards, so stay tuned for any announcements.
Token Value and Debase
Will the value of PROTEC go up or down due to the debase?
If no one is selling, then the value of PROTEC will remain flat even if there is debase and supply decreases. How come this is true? Remember PROTEC in LP also gets debased which means that there will be less PROTEC but same amount of BNB. The debase of your PROTEC is directly proportional to the total supply debase. For example, if the total supply is 1000 PROTEC and you have 100 PROTEC, if the total supply becomes 100 PROTEC, your 100 PROTEC will become 10 PROTEC.
Example Scenario (assuming no rewards):
Initial State:
- Total supply: 100 PROTEC
- 20 PROTEC in LP paired with 20 BNB
- 1 PROTEC = 1 bnb
- 80 PROTEC staked in Smol PROTEC vault
After 50% Supply Debase:
- Total supply: 50 PROTEC
- 10 PROTEC in LP paired with 20 BNB
- 1 PROTEC = 2 BNB (now worth more in BNB)
- 40 PROTEC staked in Smol PROTEC vault
Should I stake or skip it?
Stake away! If you do, you'll earn $PROTEC that will only be debased after you claim. The debased $PROTEC will still keep their value, since the total supply will also be debased 1:1.