4.4 POPKON staking pool

4.4.1 Creator’s staking pool

POPKON builds individual taking pool. Better quality content a creator makes, greater staking pool APY (Annual Percentage Yield) becomes. APY is further increased as additional POPK Tokens are put in staking.

The reward will be given in proportion of the staking pool, so in order to receive more rewards, creators can continue to produce quality contents or to stake more PORK Tokens.

4.4.2 Staking pool program

POPKON’s staking pool program provides on-chain mechanism for stake groups.

- Share of proportional rewards among staking pools

- Management of stake-weighted voting on-chain protocol

- Acquisition of staking and lock-up tokens

4.4.3. Description of staking functions

- It indicates status of shares.

- It can withdraw staking pool.

- It provides to a staker’s rewards in proportion to staking in possession.

POPK Tokens at the staking pool are kept separately under each participant. If the participant wants, Tokens can be withdrawn with in the limit of own savings.

4.4.4 How to stake

A participant deposits POPK Tokens under the own account of staking pool to create share a pool token. New tokens indicate proportional right to distributed rewards in the staking pool.

4.4.5 How to unstake

Once staked, the POPK Tokens cannot be withdrawn until they go through certain processes.

1) The given amount of stake pool tokens will be burn out.

2) Tokens in proportion to the burned stake pool tokens are moved to a retention

safety box from share deposit safety box.

3) Stake withdrawal account is created and stored in the block. If the lock-up time

ends, the owner will present the proof to show that lock-up time ended and be

given a notice that un-stake processing is completed. Then the withdrawal of

stake pool is completed, and PORK Tokens are placed in the user’s wallet.

Active community activities can increase the staking pool. Keep publishing unique and attractive contents can help. POPKON aims for legitimate content creations.