Staking Mechanism

Staking $NABLA

Users will receive $sNABLA in return for staking $NABLA. Each $sNABLA position is represented as a unique NFT, indicating the start date and the amount of $NABLA staked.

Boost

To incentivize loyalty, stakers get a boost in their voting power over time. The longer they stake their tokens, the higher that boost (up to 2x after one year of staking).

Staking Rewards

By staking $NABLA, stakers are entitled to get 20% of all external incentives that are paid for certain pools, e.g. by the respective token issuers. The reward share of each staker is dynamically adjusted based on the amount of staked tokens, the boost, and the available liquidity incentives.

Unstake & Cooldown Period

Token holders can choose to unstake at any time without a cost, but need to wait for a cooldown period of 2 weeks before the tokens can be withdrawn from the staking contract. If $NABLA tokens are unstaked, any boost that has been accumulated until that point will be forfeited.