$TXA must be staked for 6 months to earn the 50% annualized reward.
People who stake their $TXA for the full 6-month lock-up period receive 50% annualized rewards in $TXA.
The $TXA staking lock-up period begins on March 1st, 2023, and runs for 6 months, ending on September 1st, 2023.
No, all $TXA staked will remain in the secure staking contract for the full 6 months, earning 50% annualized returns the entire time.
For every one $TXA that somebody stakes, Project TXA will burn one $TXA that they hold in their own token reserve. This means that staking $TXA is a way for the community to lower the total supply of $TXA, creating deflationary pressure on this token.
No. Project TXA is burning their own $TXA that they hold in their token reserve; any $TXA that you stake remains in the secure staking contract, earning annualized rewards and ready to be returned to you at the end of the 6-month lock-up period.
Yes, you will need to move it to Pool 2, but this is very easy to do. Once you visit the staking website, and begin the staking process, you will automatically be asked to transfer your $TXA from Pool 1 to Pool 2. Simply follow the prompts on the screen.