Smaugs Launchpad Tutorial — Staking System

In this tutorial, we are going to give you an overview of our Launchpad Staking System and what is the advantages to be holding and staking SMG on the new platform. In summary, SMG stakers are rewarded in four different ways:

1. Deposit Fees
2. IDO Allocation Fees
3. Ecosystem Rewards
4. Allocation in IDO projects

All collected fees are distributed back to SMG stakers.

When you stake, you start to earn SMG and these earnings contribute to determining the amount of allocation from IDO project in the system. That allowances are distributed fairly and widely, while large holders are rewarded according to their stake. As a result, we have a balanced and fair economy for all SMG holders.

Platform Fees Details

Two fees are taken from the activities on the platform. This fees will not be received by the Smaugs and will be distributed back to the SMG stakers.

1. Deposit Fee(3%) — This fee is taken to protect previously participating stakers. As new stakers arrive, the APY amount will decrease and the first stakers will lose their profits. To make this balanced, 3% fee will be deducted from each new SMG staking transaction.
2. Claim Fee(3%) — When claiming the allocation right from sales, 3% SMG will be distributed to the stakers. For example, when $100 allocation is claimed, $3 SMG will be distributed to the stakers as a reward.

• No whitelist, No Tiers and No more unfair sales.
• It is important to participate in staking early, as well as the amount of SMG staked.
• Even small-budget investors will be able to both earn from stake income and get a fair share of sales.

The specified fee rates and rules may be updated and changed over time.