FunStake allows users to stake their coins in different pools. After a set period, one winner takes all the rewards generated from staking, while others get their initial coins back.
Yes, FunStake is Open source and built on the NEAR blockchain, All data and funds are stored and protected on blockchain.
Simply connect your wallet, choose a pool, stake your coins, and wait for the results.
If you don't win, you'll receive your initial staked amount back.
Yes, you can withdraw your funds, but you will lose your chances of winning. However you can join the pool again but your winning chances will be calculated based on your new deposits.
Winners are selected through a random process. FunStake uses Near's native random seed generation function to ensure randomness and fairness.
Your chances of winning are based on the average weight of your deposit throughout the prize period. For instance, take two players: Player A deposits 10 NEAR at the start of the period and maintains it until the end. Player B, on the other hand, deposits 20 NEAR halfway through the period. Both players will have equal chances of winning because Player A’s consistent deposit over the entire period matches the average deposit of Player B.
The larger your average deposit, the higher your odds of winning. Additionally, keeping your funds deposited for a longer period significantly boosts your chances of winning. Therefore, to maximize your chances, aim to deposit larger amounts for extended durations.
FunStake may charge a small fee for each participation to cover contract storage costs for user on the NEAR blockchain.
Yes, you can track the status of your stakes and view pool results in real-time through the FunStake platform on WEB or in Telegram mini App
