Page Spec
Item | Content |
|---|---|
Page URL | /token/staking |
Page Title | FIO Protocol - Staking |
Design |
Section Content
Stats
FIO Tokens Staked: 77,210,440
Current APY
Based on last 30 days: 10.47%
Based on last 7 days: 10.18%
Based on last 1 day: 9.8%
Action
If you are staking tokens, you can look-up the amount of FIO Rewards accrued by FIO Handle: bring this to site: https://fio.retool.com/apps/0f9693d0-94cd-11ec-b872-4b9a27a18807/FIOStaking
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
Wallets, exchanges and other blockchain-related application providers, which integrate Staking, earn 11% of the staking reward paid to the end-user.
Supporting Staking
Link to Ecosystem for specific feature:
Stake FIO Tokens
0 Comments