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Stake

Fanify offers two distinct staking modalities, each tailored to different user profiles and designed to maximize the utility of both CHZ and Fan Tokens within the betting ecosystem.


1. CHZ Stake – Single Match Bettor

This mode is ideal for casual users who prefer one-off bets without long-term commitments.

Flow:

  1. Stake CHZ: The user stakes their CHZ tokens through the platform.

  2. **Mint HYPE:Inexchange,theyreceiveanequivalentamountofHYPE:** In exchange, they receive an equivalent amount of HYPE, pegged to USD (e.g., 10worthofCHZ1010 worth of CHZ → 10 HYPE).

  3. **Bet with HYPE:TheHYPE:** The HYPE can be used to place bets on any team, in any match available on the platform.

  4. Unstake: After the match concludes, users can unstake their HYPEtoreclaimaproportionalamountoftheiroriginalCHZonlyiftheystillholdHYPE to reclaim a proportional amount of their original CHZ—**only if they still hold HYPE**.

Risk Awareness:

If a user loses all of their $HYPE in bets, they forfeit their staked CHZ permanently. This mechanism ensures responsible betting behavior and prevents farming abuse.


2. Fan Token Stake – Season Supporter Mode

This mode is designed for committed fans who want to support their team throughout the season while earning exclusive yield and loyalty benefits.

🔁 Flow:

  1. Stake Fan Token: The user locks Fan Tokens tied to a specific team for the duration of the season.

  2. **Mint HYPE(+50Inreturn,theyreceiveHYPE (+50% Bonus):** In return, they receive HYPE pegged to USD, plus a +50% loyalty bonus on the total amount minted. (e.g., 100worthofFanTokens150100 worth of Fan Tokens → 150 HYPE)

  3. Bet with Loyalty: This $HYPE can only be used to bet on the user’s chosen team throughout the season. Bets are restricted to predicting a win or skipping the match to preserve capital. Betting against the supported team is not allowed.

  4. Unstake (Post-Season): Once the season ends, the user may unstake their Fan Tokens. They receive:

    • A USD-equivalent return of their staked value (via $HYPE)
    • Plus any yield rewards accumulated throughout the season.

Comparison Table

FeatureCHZ StakeFan Token Stake
Mint $HYPEYes (1:1)Yes (1:1.5 bonus)
Betting FlexibilityAny match, any teamOnly supported team
Lockup PeriodNoneUntil end of season
Unstake ConditionsRequires remaining $HYPETime-locked + yield bonus
Risk of LossTotal if $HYPE = 0Partial risk, mitigated by bonuses
User ProfileCasual / One-off bettorsLoyal fans / Yield seekers