Staking guide

How staking works

When you stake, your tokens are transferred to a program-controlled vault and your position is recorded on-chain. Rewards accrue over time in proportion to your share of the pool and are claimable according to the rules of the program.

Lock periods

Longer locks may earn a higher multiplier. Tokens cannot be withdrawn before the lock ends. Plan for the possibility that you will not be able to exit during a market event.

Risks specific to staking

• Smart contract risk. Bugs or exploits could lead to a permanent loss of staked tokens.
• Illiquidity. Locked tokens cannot be sold or moved.
• Variable rewards. The reward rate depends on total staked, emissions, and network activity.
• Tax. Rewards may be taxable in your jurisdiction. You are responsible for your own tax reporting.