Staking $vIRON

1. Staking $vIRON

Users run Vault Nodes -> receive $vIRON -> stake $vIRON -> receive vesting period for $IRON and conversion rate when redeeming $vIRON for $IRON.

• Users must claim $vIRON to their wallet on the "Run Node Running" (https://ironchainbank.io/node-running) page.

• Users then visit the "Staking" page and connect the wallet that has $vIRON balance.

Next, users can select one of five staking packages:

The total supply of $vIRON is 1,000,000,000 tokens, divided into 5 staking packages, with each pool limited to 200,000,000 $vIRON tokens. If a selected package is full, the user must choose another package.

Package 1: Starter (Staking pool limit: 200,000,000 $vIRON tokens)

• Staking duration: 14 days

• Conversion rate $vIRON -> $IRON: 1:0.1$IRON vesting rate: 10%

Package 2: Advanced (Staking pool limit: 200,000,000 $vIRON tokens)

• Staking duration: 30 days

• Conversion rate $vIRON -> $IRON: 1:0.3$IRON vesting rate: 30%

Package 3: Pro (Staking pool limit: 200,000,000 $vIRON tokens)

• Staking duration: 60 days

• Conversion rate $vIRON -> $IRON: 1:0.5$IRON vesting rate: 50%

Package 4: Elite (Staking pool limit: 200,000,000 $vIRON tokens)

• Staking duration: 90 days

• Conversion rate $vIRON -> $IRON: 1:0.7$IRON vesting rate: 70%

Package 5: Master (Staking pool limit: 200,000,000 $vIRON tokens)

• Staking duration: 120 days

• Conversion rate $vIRON -> $IRON: 1:1$IRON vesting rate: 100%

2. Redeeming $vIRON -> $IRON

• Redeeming will be unlocked once the user completes the selected staking duration.

• The redemption rate will depend on the staking package previously chosen by the user.

Iron Chain Bank offers flexible staking packages tailored to users' needs and timeframes, maximizing asset growth opportunities and providing a path to long-term rewards.