Dive deep into the world of protocol governance, earn rewards, and be a part of the change you wish to see.
Unlock the Power of Staking with STON.fi!
Staking is a process where users lock up their tokens by depositing them into a smart contract. This isn’t just any contract; it’s an automated system designed to uphold the integrity of the staking program. Here’s how it works:
What is Staking?
Deposit & Lock
Users deposit their tokens into the smart contract, which acts as a secure vault.
Determine Rewards
The smart contract calculates the distribution of rewards based on the staking period defined by the user.
Earn & Grow
Rewards are disbursed over the user-defined staking period, allowing participants to optimize their earnings based on their commitment duration.
At STON.fi, we offer both staking and farming features. While they might seem similar at first glance, they serve distinct purposes and operate differently. Let’s break it down:
Staking vs. Farming: Know the Difference
Staking
This involves locking up your STON tokens in a smart contract to participate in protocol governance and earn rewards. It’s a way to have a say in the direction of our platform and grow your holdings at the same time.
Farming
Farming is all about maximizing your yield. As a STON.fi liquidity provider, you can farm to earn additional tokens. Unlike staking, where you block a single type of token, farming requires the staking of LP tokens. You can obtain these tokens by providing liquidity to the STON.fi DEX.
Why Stake with Us?
Governance Participation
By staking your tokens, you’re not just earning rewards. You’re gaining the power to make decisions and proposals within our protocol. Your voice matters, and we’re here to amplify it.
Exclusive Access to STON DAO
Staking grants you a golden ticket to the STON DAO, the heart of our decision-making process. Here, the future of STONfi is shaped, and you can be a part of that journey.
Robust Rewards
It’s not just about governance. Staking with us means you’re in for some lucrative rewards. Let your tokens work for you!
When you stake your STON tokens, you’re not just securing rewards. You’re unlocking the potential of two powerful tokens: ARKENSTON and GEMSTON.
ARKENSTON & GEMSTON: The Power Duo of Staking
ARKENSTON
This is a soul-bound non-fungible governance token. When you stake STON, you receive an equal amount of ARKENSTON tokens in your wallet. What’s unique about ARKENSTON is its non-transferable nature. It gives you the right to participate in DAO decision-making. These tokens represent your voting power, allowing you to propose, discuss, and vote on changes to the protocol’s parameters. At the end of your STON staking period, you can burn ARKENSTON and retrieve your STON tokens in full.
GEMSTON
This is your engagement token. Like ARKENSTON, you receive an equal amount of GEMSTON tokens when you stake STON. However, GEMSTON is fungible and offers more flexibility. You can sell, swap, or transfer GEMSTON to other users. The future of GEMSTON is in the hands of the DAO, meaning the community will decide its development, mechanics, and circulation. Hold, trade, or transfer GEMSTON at your discretion.
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Disclaimer: Nothing on this site is investment advice. All information is for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained on our site constitutes a solicitation, recommendation, endorsement, or offer by STON.fi or any third party service provider to buy or sell any assets, digital coins and tokens, securities or other financial instruments in this or in in any other jurisdiction in which such solicitation or offer would be unlawful under the securities laws of such jurisdiction. Please view Terms of use for more information.
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