The WeHMND/USDC LP staking contract (0xA9dC5E129df2D195db34807847EfeDC1eCE5f924) will come to an end on June 1st, 2025, estimated around 01:10:14 PM UTC, at block 13077390.
This contract has been running for the past 6 months, distributing 14,400 WeHMND/day to LPs through the nonlinear staking model that’s been core to BioDeFi.
If you’re currently staked, keep in mind:
1. Rewards will stop once the contract ends.
2. Your LP tokens are safe, but you’ll need to unstake and migrate to the new contract if you want to keep earning.
We’ll be deploying a new contract for the next 6-month cycle, with the same structure and same rewards. Please keep an eye out for the announcement with information regarding the deployment of the new contract, scheduled for later this week.
For those who are new: Humanode Biostaking is a Sybil-resistant staking model designed to ensure decentralized reward distribution among liquidity providers in a way that rewards are not proportionate to the amount pooled. It uses Humanode private biometric verification to make sure that every participant is unique.
Details here:
https://blog.humanode.io/nonlinear-liquidity-staking-on-humanode-evm/
Step-by-step guide on how-to stake:
https://link.humanode.io/guide/biodefi
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