Ledger Boosted Yield Campaign Terms
The following Terms and Conditions apply to the boosted staking campaign proposed by Stader Labs, in collaboration with Ledger, and available to Stader Labs users that stake from Ledger Live:
- Flat 25% Boost for 60 days on staking rewards for ETH, starting on November 6th, 2023 until January 6th, 2024.
- Users can stake ETH with Stader Labs via Ledger anytime on or before January 6th, 2024 and have to keep their funds staked untill at least January 6th, 2024 to be eligible for the boost.
- Boost will be provided by Stader Labs in SD tokens
- The base staking APY that will be used for calculation of boost will be the average of the APY during the duration of the campaign (November 6th, 2023 to January 6th, 2024)
- Starting from January 20th, 2024, users will be able to claim their SD Rewards from the "Rewards" tab in the dapp. Please note that users will have a 60-day window to claim their rewards, i.e. no rewards can be claimed after March 20th, 2024.
- The SD price considered for the calculation will be average price of SD from November 6th, 2023 to January 6th, 2024
Indicative Staking Rewards
|Asset||Usual Staking APY with Stader||Boosted Staking APY (till Jan 6, 2024)|
- The above rewards are indicative only
- While the 25% boost shall accrue only untilJanuary 6th, 2024, users will continue to get the un-boosted staking yields, in case they decide to keep their funds staked.
Illustrative Payouts (ETH)
- ETH Price: $1800
- Stader ETH Staking Yield: 3.6%
- Boost: 25%
- Boosted Staking APY: 4.5%
|ETH Staked (# ETH)||ETH Staked ($)||Annualized Returns Including Boost||Annualized Returns Excluding Boost||SD Boost Payout ($) - 60 days campaign|