Stake your HCT to xHCT and maximize your yield
xHCT is a new staking mechanism on the HurricaneSwap ecosystem. You can stake your HCT to get xHCT and earn a reward fee of 0.1% of all trades. This fee is used to buy back HCT tokens periodically (every 2 days currently). When you exchange your xHCT for HCT, you will get more HCT than you staked earlier.
You can also conduct xHCT single-sided staking in FARM to earn HCT rewards.
There are 2 parts of xHCT staking contract: ENTER and LEAVE.
ENTER：
- Neither Mint xHCT nor HCT in the contract
The xHCT will be minted at 1:1 as the number of HCT.
For example: you enter 100 HCT, and get 100 xHCT
2. xHCT has been minted, but no HCT rewards added in the contract
The xHCT will be minted according to xHCT/HCT in the contract.
For example: someone else staked earlier with 200 HCTs and got 200 xHCTs.
You enter 100 HCT now, you will get 100 * 200/200 = 100 xHCT.
3. xHCT has been minted with HCT rewards added in the contract
The xHCT will be minted according to xHCT/HCT in the contract.
For example: someone staked 100 xHCTs and got 100 xHCT earlier, and 100 HCT has been added as rewards.
You enter 10 HCT, you will get 10 * 100/200 = 5 xHCT.
LEAVE
- No HCT rewards added in the contract
The amount of HCT will be returned according to HCT/xHCT in the contract.
For example: you leave 100 xHCT, you will get 100 * 100/100 =100 HCT
2. HCT rewards have been added in the contract
The amount of HCT will be returned according to HCT/xHCT in the contract.
For example: if there is 100 HCT and 100 xHCT in the contract, and 50 HCT rewards have been added in the contract.
You leave 100xHCT, you will get 100 * 150/100 = 150 HCT.
Remarks:
1) For a clearer calculation, only one person is calculated above.
2) All xHCT sent to the contract when LEAVE will be destroyed.
