Staking

Page Spec

Item

Content

Item

Content

Page URL

/token/staking

Page Title

FIO Protocol - Staking

Design

https://www.figma.com/file/n33HwJfIuwy068A7G0Bdpg/FIO-Website?type=design&node-id=889-15123

Section Content

Stats

Dynamic Content

Content element

Endpoint

Request

Response

Content element

Endpoint

Request

Response

Staked

Same as Home Page | Dynamic Content

Current APY

GET https://services-external.fioprotocol.io/staking

N/A

Use:

  • historical_apr30day

  • historical_apr7day

  • historical_apr1day

{ "staked_token_pool": 81362017.67272668, "outstanding_srps": 132751309.12573518, "rewards_token_pool": 8938773.922297876, "combined_token_pool": 92742285.03743973, "staking_rewards_reserves_minted": 6261266.063125846, "roe": 0.6986167266312909, "active": true, "historical_apr": { "1day": 9.819462831115345, "7day": 13.53748584592391, "30day": 11.539668834782017 } }

 

  • FIO Tokens Staked: N/A

  • Current APY

    • Based on last 30 days: N/A

    • Based on last 7 days: N/A

    • Based on last 1 day: N/A

Staking Calculator

Step

Endpoint

Request

Response

Step

Endpoint

Request

Response

User enters FIO Handle and clicks Lookup Now!

 

 

 

Get FIO Public Key

POST https://fio.blockpane.com/v1/chain/get_pub_address

{ "fio_address": "FIO Handle entered by user", "chain_code": "FIO", "token_code": "FIO" }

Use public_address in next step

{ "public_address": "FIO81t9wb3849tiEBeTK1GgMqjvvwuFtZ5C6mWT6k1k2RWuQXSXcR" }

Get Balances

POST https://fio.blockpane.com/v1/chain/get_fio_balance

{ "fio_public_key": "FIO81t9wb3849tiEBeTK1GgMqjvvwuFtZ5C6mWT6k1k2RWuQXSXcR" }
  • Use staked as Staked FIO

  • Compute Total Rewards Earned:

    • ((srps*roe)-staked)/1000000000

{ "balance": 5279742532709, "available": 4979742532709, "staked": 300000000000, "srps": 600000000000, "roe": "0.709415045213715" }

If no valid response or staked is 0 display “Nothing to Display”

 

 

 

Staking Overview

  • To incentivize governance participation, FIO Token can be staked.

  • Token holders who vote or proxy their FIO Tokens can choose to stake any amount of tokens held in their account.

  • The staked tokens never leave user’s account, but are locked and cannot be spent.

  • When tokens are staked, they accrue Staking Rewards.

  • When the token holder unstakes their tokens, they receive the accrued Staking Rewards and their staked tokens remain locked for an additional period of 7 days after unstaking.

Staking Rewards

  • 25% of every fee collected on the FIO Chain is redirected to Staking Rewards.

  • In addition, if the total daily amount redirected to the pool is less than 25,000 FIO, new tokens are minted from the Staking Reward Reserves allocation to ensure the pool receives a minimum of 25,000 FIO daily.

  • The amount of Staking Rewards received from staking is directly related to amount of fees processed on the FIO Chain, number of FIO Tokens being staked and how soon after staking activation have tokens been staked. It is therefore not possible to determine annualized yield before tokens are staked, but only by looking backwards after unstaking.

Integrator Incentive

Supporting Staking

Link to Ecosystem for specific feature:

  • Stake FIO Tokens

Additional Resources