The Coin Reward paid on Stakes in Dukascoins
The Bank pays a Coin Staking Reward for fixed term stakes in Dukascoins. The Coin Staking Reward will be paid at the beginning of the stake’s term and will be blocked until the term’s expiration. The Bank may manage and limit the maximum size, term and rate of the offered coin reward at its own discretion and at any time. The Coin Staking Reward will be paid out in Dukascoins.
The amount of the reward rate paid by the Bank depends on the stake term and size. The bigger the staked amount and the longer period, the higher the Stake Reward rate paid out:
Minimum Stake size | Coin Stake Reward rate paid by the Bank for a 1 year Stake held with the Bank / with the personal blockchain wallet |
Coin Stake Reward rate paid by the Bank for a 3 month Stake held with the Bank / with the personal blockchain wallet |
50 | 6.5% / 7.5% | 1.3% / 1.5% |
100 | 7.5% / 8.5% | 1.5% / 1.7% |
250 | 8.5% / 9.5% | 1.7% / 1.9% |
500 | 9.5% / 10.5% | 1.9% / 2.1% |
1,000 | 10.5% / 11.5% | 2.1% / 2.3% |
2,500 | 11.5% / 12.5% | 2.3% / 2.5% |
5,000 | 12.5% / 13% | 2.5% / 2.6% |
10,000 | 13% / 14% | 2.6% / 2.8% |
Each stake is considered as a separate contract. Two stake amounts can’t be summed up without cancelling each other out. Total amount of Dukascoins allocated for this reward program by separate MCA account holder can not exceed 50 000 Dukascoins. In case if the client would like to place larger amount of Dukascoins he/she can request tailor-made conditions upon individual request to the Bank sent to the e-mail address crypto@dukascopy.bank.
If a client requests to cancel a stake in Dukascoins allocated in the Bank before the maturity date, the client will be charged a penalty of 5% of the allocated amount in Dukascoins and will not be entitled to the Coin Reward for that particular Stake. Same approach will be applied to the cancelled stakes allocated in Blockchain with the exception of not applying the 5% penalty.
The Bank will pay the reward from the Bank’s own Dukascoins, i.e. released in favor of the Bank in accordance with the procedure described in the “Airdrop concept”, or obtained on the secondary market.
Public Coin Reward stake registry
Dukascopy Bank offers public registry of active Coin Reward stake to provide clients an opportunity to check if their agreements to park Dukascoins in the Bank’s custody for reward are applied correctly. Those clients who cannot find their transaction codes for active Coin reward stakes in the registry below are invited to contact support desk by e-mail crypto@dukascopy.bank.
To locate the reference Stake code, please, open your Dukascopy Connect 911 messenger, press icon, call the chat-bot (the button with the cross at the left bottom corner of the application screen), choose "Dukascoins" option, then choose "Reward stakes" and locate the bubble with the specific active stake amount. You need the 8-symbol combination in the "ID" row.
Stake code | Registration date | Expiration date |
---|---|---|
AhavQtZK | March 17, 2024 | March 17, 2025 |
jeZLUqhq | March 15, 2024 | June 15, 2024 |
WSrrYTc7 | March 15, 2024 | June 15, 2024 |
cFd8QfHH | March 14, 2024 | June 14, 2024 |
YfplH9A9 | March 14, 2024 | March 14, 2025 |
MYK34Iu9 | March 13, 2024 | March 13, 2025 |
BUiZ9WLg | March 12, 2024 | June 12, 2024 |
16aBYjzQ | March 11, 2024 | March 11, 2025 |
f3hRtxuw | March 10, 2024 | June 10, 2024 |
scSoohIb | March 08, 2024 | March 08, 2025 |
0drz3fs9 | March 06, 2024 | March 06, 2025 |
w4DUZvDF | March 02, 2024 | June 02, 2024 |
eu7r11SH | March 02, 2024 | June 02, 2024 |
lUkUEFDL | March 01, 2024 | March 01, 2025 |
ateIP6ll | March 01, 2024 | March 01, 2025 |
Sy8Il9IA | February 29, 2024 | February 28, 2025 |
gjhc6WuD | February 28, 2024 | February 28, 2025 |
zBi79wjJ | February 26, 2024 | May 26, 2024 |
tKjuRuZn | February 25, 2024 | May 25, 2024 |
slrJHRGs | February 25, 2024 | May 25, 2024 |
NXHf6BYV | February 25, 2024 | May 25, 2024 |
tsHCYlkI | February 24, 2024 | May 24, 2024 |
suw9jCgl | February 22, 2024 | May 22, 2024 |
rlvCQZM8 | February 22, 2024 | February 22, 2025 |
sfDedTF9 | February 21, 2024 | February 21, 2025 |
ZKbsj6cs | February 19, 2024 | May 19, 2024 |
MYfiMAjp | February 19, 2024 | May 19, 2024 |
ai780ZFF | February 18, 2024 | May 18, 2024 |
i9T56wqp | February 17, 2024 | February 17, 2025 |
oklx1MuN | February 17, 2024 | February 17, 2025 |
eCv6anm0 | February 16, 2024 | February 16, 2025 |
eh28e4LN | February 16, 2024 | May 16, 2024 |
OEV7phxW | February 14, 2024 | February 14, 2025 |
w9EHF6rq | February 12, 2024 | May 12, 2024 |
OsoewOeB | February 11, 2024 | May 11, 2024 |
vI6F0TvS | February 11, 2024 | February 11, 2025 |
0U3Vd2vO | February 10, 2024 | February 10, 2025 |
rEQE8h30 | February 09, 2024 | February 09, 2025 |
C3XmIctq | February 08, 2024 | February 08, 2025 |
cip86ptT | February 08, 2024 | May 08, 2024 |
iths10oF | February 08, 2024 | February 08, 2025 |
fYFP9mzd | February 07, 2024 | February 07, 2025 |
c7kRsobC | February 06, 2024 | May 06, 2024 |
85Nnba1e | February 04, 2024 | May 04, 2024 |
YSFz1B8S | February 03, 2024 | May 03, 2024 |
aokMuhhc | February 03, 2024 | May 03, 2024 |
EbWiFnQA | February 02, 2024 | February 02, 2025 |
PPCPN5vf | February 02, 2024 | May 02, 2024 |
ehxBGHOk | February 01, 2024 | May 01, 2024 |
gWx7sGtC | February 01, 2024 | May 01, 2024 |
MqnDmz9e | January 31, 2024 | January 31, 2025 |
WiMfrEUs | January 31, 2024 | April 30, 2024 |
hOaozkZl | January 31, 2024 | April 30, 2024 |
hZMBBV9W | January 30, 2024 | April 30, 2024 |
RBONdQfp | January 27, 2024 | April 27, 2024 |
o3Ge0QMr | January 26, 2024 | April 26, 2024 |
oWnZu2N3 | January 26, 2024 | April 26, 2024 |
yw5ZSG14 | January 23, 2024 | January 23, 2025 |
GzWrs5fl | January 22, 2024 | January 22, 2025 |
aDlO0hT3 | January 21, 2024 | April 21, 2024 |
Qp1eJt3Z | January 18, 2024 | April 18, 2024 |
MipUOL6Z | January 18, 2024 | January 18, 2025 |
oTIwjiBL | January 17, 2024 | January 17, 2025 |
496gdpLh | January 17, 2024 | January 17, 2025 |
l80yIkcB | January 17, 2024 | January 17, 2025 |
inRJBLaO | January 17, 2024 | January 17, 2025 |
BEg3Pfja | January 14, 2024 | April 14, 2024 |
OEQ79M3f | January 14, 2024 | April 14, 2024 |
4tcJlNXi | January 11, 2024 | April 11, 2024 |
IOEWR2oK | January 11, 2024 | April 11, 2024 |
Nx8Qxbor | January 10, 2024 | April 10, 2024 |
Ky0wB6uC | January 09, 2024 | January 09, 2025 |
COpx6jI7 | January 09, 2024 | April 09, 2024 |
K9zcC35M | January 09, 2024 | April 09, 2024 |
dkQTCLar | January 08, 2024 | April 08, 2024 |
FWLNp9Jm | January 06, 2024 | April 06, 2024 |
u9lk7Oxu | January 05, 2024 | April 05, 2024 |
SGzOQJFq | January 05, 2024 | April 05, 2024 |
7oHE7I6s | January 05, 2024 | April 05, 2024 |
sHytkTQZ | January 05, 2024 | April 05, 2024 |
WaBwTua4 | January 05, 2024 | January 05, 2025 |
I22UnmHu | January 04, 2024 | April 04, 2024 |
5kbZ3ikB | January 04, 2024 | April 04, 2024 |
HOm1a0ac | January 03, 2024 | April 03, 2024 |
S77Yxedj | January 03, 2024 | April 03, 2024 |
Gix0bOfV | January 03, 2024 | April 03, 2024 |
hxVzmqYs | January 03, 2024 | April 03, 2024 |
48EKQCZ9 | January 02, 2024 | April 02, 2024 |
efHnprgy | January 01, 2024 | April 01, 2024 |
Et3mE01r | January 01, 2024 | January 01, 2025 |
yI3ITb6S | December 30, 2023 | December 30, 2024 |
Zor1UMlM | December 30, 2023 | March 30, 2024 |
fGXb3NrY | December 30, 2023 | December 30, 2024 |
lSVljTJc | December 29, 2023 | December 29, 2024 |
VjeH80pq | December 29, 2023 | December 29, 2024 |
wCWLw2LE | December 28, 2023 | December 28, 2024 |
S7WuCbIn | December 28, 2023 | December 28, 2024 |
mYsi95zB | December 27, 2023 | March 27, 2024 |
CrQu7kke | December 27, 2023 | December 27, 2024 |
hgdxvpAM | December 25, 2023 | March 25, 2024 |
ywvTggx5 | December 20, 2023 | December 20, 2024 |
FDuTie2a | December 18, 2023 | March 18, 2024 |
SFOYinA3 | December 18, 2023 | December 18, 2024 |
w5NoOC2e | December 18, 2023 | December 18, 2024 |
X9DBbSI9 | December 17, 2023 | December 17, 2024 |
XnMU9oAg | December 16, 2023 | December 16, 2024 |
ecYQW5qb | December 11, 2023 | December 11, 2024 |
wcC4NnNJ | December 10, 2023 | December 10, 2024 |
kswG79TR | December 07, 2023 | December 07, 2024 |
AwKkWiuL | December 05, 2023 | December 05, 2024 |
6vJeovvw | December 05, 2023 | December 05, 2024 |
hU75N0yQ | December 02, 2023 | December 02, 2024 |
5XRXSAcM | December 01, 2023 | December 01, 2024 |
lsUsQ8o7 | November 29, 2023 | November 29, 2024 |
ZfGuXzhO | November 29, 2023 | November 29, 2024 |
i7bepnZ7 | November 28, 2023 | November 28, 2024 |
OkpLvkSU | November 27, 2023 | November 27, 2024 |
8jwV3iIL | November 25, 2023 | November 25, 2024 |
RlFnnRoP | November 22, 2023 | November 22, 2024 |
kSlsXTFT | November 11, 2023 | November 11, 2024 |
s2XYE4Me | November 10, 2023 | November 10, 2024 |
LOrreCEu | November 05, 2023 | November 05, 2024 |
XYctuW9I | November 03, 2023 | November 03, 2024 |
U9Q1sgn8 | November 03, 2023 | November 03, 2024 |
LrVcc7Qw | November 02, 2023 | November 02, 2024 |
VVG9V6HC | November 02, 2023 | November 02, 2024 |
pk0GNbP4 | November 01, 2023 | November 01, 2024 |
u3GvyFnC | October 31, 2023 | December 02, 2024 |
CG0mC4z4 | October 31, 2023 | October 31, 2024 |
RoTPLC8m | October 30, 2023 | October 30, 2024 |
LCWwdpNg | October 30, 2023 | October 30, 2024 |
qLd906lC | October 29, 2023 | October 29, 2024 |
xgPEeelF | October 28, 2023 | October 28, 2024 |
bIUSrSsi | October 26, 2023 | October 26, 2024 |
0CsFcq61 | October 25, 2023 | October 25, 2024 |
n3G7oLSu | October 23, 2023 | October 23, 2024 |
IUxeAPeR | October 23, 2023 | October 23, 2024 |
Y4o9hIjP | October 19, 2023 | October 19, 2024 |
ixWPZIWf | October 18, 2023 | October 18, 2024 |
hVmboNZ4 | October 12, 2023 | October 12, 2024 |
ub8I0j3G | October 02, 2023 | October 02, 2024 |
7e4xFTOt | September 28, 2023 | September 28, 2024 |
rpVRKz0e | September 26, 2023 | September 26, 2024 |
RyFV78Mn | September 25, 2023 | September 25, 2024 |
bTu0moUU | September 21, 2023 | September 21, 2024 |
QGAvgPX6 | September 19, 2023 | September 19, 2024 |
qg8AWT28 | September 19, 2023 | September 19, 2024 |
I3z6ZTfz | September 19, 2023 | September 19, 2024 |
10J77jlr | September 19, 2023 | September 19, 2024 |
ZONRve07 | September 19, 2023 | September 19, 2024 |
OrKnl1sp | September 16, 2023 | September 16, 2024 |
3fyooOz2 | September 13, 2023 | September 13, 2024 |
v5Ije50I | September 12, 2023 | September 12, 2024 |
tY9v0gPl | September 11, 2023 | September 11, 2024 |
GeqD0KWv | September 10, 2023 | September 10, 2024 |
uvyxWNYc | September 09, 2023 | September 09, 2024 |
AbR4YN8M | September 08, 2023 | September 08, 2024 |
AkeLxD0Q | September 03, 2023 | September 03, 2024 |
FpErtEz3 | September 02, 2023 | September 02, 2024 |
1yApyOWP | August 26, 2023 | August 26, 2024 |
QQy6c0tB | August 23, 2023 | August 23, 2024 |
xhCLG8Qm | August 19, 2023 | August 19, 2024 |
I6XrZDTH | August 18, 2023 | August 18, 2024 |
Q04cpNiT | August 13, 2023 | August 13, 2024 |
cY9qKe5k | August 10, 2023 | August 10, 2024 |
hLMIXMRZ | August 09, 2023 | August 09, 2024 |
AYtVLUlg | August 08, 2023 | August 08, 2024 |
CWAklq7u | August 01, 2023 | August 01, 2024 |
gLPeVorR | August 01, 2023 | August 01, 2024 |
ylYzi6xc | July 25, 2023 | July 25, 2024 |
J3CbRiLk | July 24, 2023 | July 24, 2024 |
Vx7Y9xBS | July 24, 2023 | July 24, 2024 |
DjkpDzJ5 | July 23, 2023 | July 23, 2024 |
YURqx3Gg | July 20, 2023 | July 20, 2024 |
F645cCpL | July 16, 2023 | July 16, 2024 |
bysDd1az | July 16, 2023 | July 16, 2024 |
lNfEGWoz | July 15, 2023 | July 15, 2024 |
CFDxTo8L | July 11, 2023 | July 11, 2024 |
9baj9Ctl | July 10, 2023 | July 10, 2024 |
FYrefKM4 | July 07, 2023 | July 07, 2024 |
S7WffOlZ | July 07, 2023 | July 07, 2024 |
Ge8yuvmr | July 06, 2023 | July 06, 2024 |
VEHS5f7Y | July 05, 2023 | July 05, 2024 |
9T6h8pXW | July 02, 2023 | July 02, 2024 |
5Knnojz1 | July 01, 2023 | July 01, 2024 |
SIYuGoHL | July 01, 2023 | July 01, 2024 |
e4n5l1GL | June 27, 2023 | June 27, 2024 |
NJjYHaYM | June 25, 2023 | June 25, 2024 |
idYKUgGw | June 20, 2023 | June 20, 2024 |
e4gfyWLl | June 18, 2023 | June 18, 2024 |
Uxh6dAYK | June 17, 2023 | June 17, 2024 |
IaUUMtVI | June 12, 2023 | June 12, 2024 |
ofj599nm | June 08, 2023 | June 08, 2024 |
av5WPaev | June 03, 2023 | June 03, 2024 |
aTfpNWSE | June 02, 2023 | June 02, 2024 |
UPqBfElx | May 30, 2023 | May 30, 2024 |
yYnUneL2 | May 29, 2023 | May 29, 2024 |
H2zxETBx | May 24, 2023 | May 24, 2024 |
CAoVj2vc | May 24, 2023 | May 24, 2024 |
TptMKoQ3 | May 24, 2023 | May 24, 2024 |
lip6Jc5R | May 24, 2023 | May 24, 2024 |
GixM9rhr | May 24, 2023 | May 24, 2024 |
2haAkOqk | May 24, 2023 | May 24, 2024 |
i5786Rmz | May 24, 2023 | May 24, 2024 |
yEz8VRvA | May 24, 2023 | May 24, 2024 |
0Bl7jxwu | May 17, 2023 | May 17, 2024 |
alCsXQjU | May 13, 2023 | May 13, 2024 |
hIfXvqrO | May 10, 2023 | May 10, 2024 |
0SKXzWVa | May 10, 2023 | May 10, 2024 |
JY7mzRhu | May 01, 2023 | May 01, 2024 |
326rZI9k | May 01, 2023 | May 01, 2024 |
LxCT71oA | April 25, 2023 | April 25, 2024 |
gZMavFW2 | April 23, 2023 | April 23, 2024 |
U5UO0OKD | April 22, 2023 | April 22, 2024 |
loxLT4b0 | April 21, 2023 | April 21, 2024 |
ORF5PPBY | April 19, 2023 | April 19, 2024 |
1ugVf8MX | April 18, 2023 | April 18, 2024 |
FoHzio2G | April 18, 2023 | April 18, 2024 |
045Ti3oi | April 17, 2023 | April 17, 2024 |
gtEotKSM | April 16, 2023 | April 16, 2024 |
01pz1d2Q | April 14, 2023 | April 14, 2024 |
yF5OeoAd | April 14, 2023 | April 14, 2024 |
sjuo8EnA | April 13, 2023 | April 13, 2024 |
QaUBBzX2 | April 12, 2023 | April 12, 2024 |
Fd4BuQgv | April 11, 2023 | April 11, 2024 |
5ZhsmCXq | April 09, 2023 | April 09, 2024 |
Hy1J46BW | April 07, 2023 | April 07, 2024 |
ay1Svh99 | April 05, 2023 | April 05, 2024 |
UmDFqZFT | April 04, 2023 | April 04, 2024 |
Fv7hygNO | April 03, 2023 | April 03, 2024 |
M6YYx2uO | March 27, 2023 | March 27, 2024 |
lrn5ff7q | March 22, 2023 | March 22, 2024 |
ZJT4Ozed | March 22, 2023 | March 22, 2024 |
0UR1A2xI | March 20, 2023 | March 20, 2024 |
EhzYzvHi | March 20, 2023 | March 20, 2024 |
icR2B32U | October 04, 2022 | August 10, 2024 |
V6XlGcdd | September 30, 2021 | December 31, 2021 |
The Bank may extend or stop its Coin Staking Reward program at any time it may consider to be reasonable without affecting previously accepted stakes. Additional conditions are announced on the website.
INCOME GENERATING EXAMPLES FOR COIN AND FIAT REWARD STAKES
Let's assume that the client is considering different investment options offered by different banks. As a rule, the annual rate of return for such an asset allocation is around 0.2-2%. Staking Reward programs offered by Dukascopy Bank through Dukascoin as the intermediary vehicle may appear to be a way more attractive option. Use cases described below will help to compare income-generating staking programs available for Dukascopy Bank clients with other conventional forms of investments.
Please, bear in mind that Dukascopy Bank does not guarantee exchange rate of Dukascoins to EUR, and the price can decrease or increase according to customers demand.
USE CASE 1. One year Coin Stake Reward projected profitability in case if the exchange rate of Dukascoins remains unchanged at the expiration of the Stake term.
Let's assume that you have 1,500 EUR and consider “moderate” return of Dukascoin Coin Stake Reward for an amount of approximately 100-150 DUK+. In this case you can accumulate on your MCA account 1,500 EUR and buy 1,000 DUK+ on internal marketplace at the current exchange rate of 1.5 EUR per 1 Dukascoin. According to the current reward rate schedule your yearly income rate will be 10.5 or 11.5% (105 DUK+ or 115 DUK+) depending on the stake storage place. Stakes allocated with the Bank have 10.5% reward and stakes allocated with Your ERC-20 supported external blockchain wallet have 11.5% reward rate. Thus, at the expiration of the Stake you will have 1,105 DUK+ or 1,115 DUK+. In case if the exchange rate of Dukascoin stays at the same level of 1.5 EUR per 1 Dukascoin, you will be able to sell 1,115 DUK+ at 1.5 and get back 1,672.5 EUR. As a result, the yearly rate of return in fiat currency will be: 1,672.5/1500 * 100 - 100 = 11.5%.
USE CASE 2. One year Coin Stake Reward projected profitability in case if the exchange rate of Dukascoins rises to 2 EUR per 1 Dukascoin at the expiration of the staking term.
Let's assume that you have 22,500 EUR and consider applying for the Dukascoin Coin Stake Reward with the aim of collecting of approximately 2,000 DUK+. In this case you will need to invest 22,500 EUR and buy 15,000 DUK+ on the internal marketplace at the current exchange rate of 1.5 EUR per 1 Dukascoin. According to the current staking reward rate schedule your yearly income rate will be 13% or 14% (1,950 or 2,100 DUK+) depending on the stake storage place. Thus, at the expiration of the Stake you will get your 15,000 DUK+ returned back and a reward of 2,100 DUK+ on top. In case if the exchange rate of Dukascoin reaches 2 EUR per 1 Dukascoin you will be able to get back already 34,200 EUR by selling your 17,100 Dukascoins at the rate 2 EUR per 1 Dukascoin. As a result, the yearly rate of return will be: 34,200/22,500 * 100 - 100 = 52%
Clients looking for a more conservative type of investment combining crypto and fiat income may be interested to consider another staking reward program offered by Dukascopy Bank – EUR Reward staking. This staking program currently offers a reward of 0.17 EUR per every Dukascoin allocated on Dukascopy Bank custody for 1 year and 0.034 eurocents per every Dukascoin allocated in Dukascopy Bank custody for 3 months.
USE CASE 3. One year EUR Reward Stake projected profitability in case if the exchange rate of Dukascoins rises to 2 EUR per 1 Dukascoin at the expiration of the staking term.
You decided to buy 50,000 DUK+ and allocate this amount to a EUR Reward Staking. You will need 75,000 EUR available on your MCA account to buy 50,000 DUK+ on the internal marketplace at the rate of 1.5 EUR per 1 Dukascoin. The yearly income gained on a 50,000 DUK+ stake will be 8,500 EUR. Thus, at the stake deposit expiration date you will get your 50,000 DUK+ returned back and a reward of 8,500 EUR on top. If you immediately decide to sell the 50,000 DUK+ at the exchange rate of 2 EUR per 1 Dukascoin at the expiration of the stake term you will get a total of 100,000 EUR on your MCA account. The yearly rate of return will be 108,500/75,000 * 100 - 100 = 44.7%.
COMPARATIVE TABLE OF INCOME GENERATED BY STAKING REWARD PROGRAMS
Amount of DUK+ invested for 1 year | EUR equivalent of the investment (exchange rate applied: 1.5) | Exchange rate DUK+/EUR at Stake expiration | COIN reward rate of return nominated in EUR (%) | EUR reward rate of return nominated in EUR (%) |
1,000 | 1,500 | 1.5 | 11.5 | N/A |
15,000 | 22,500 | 2 | 52 | N/A |
50,000 | 75,000 | 2 | N/A | 44.7 |