$MIN Staking

On the Staking Page $MIN holders have two options to stake their $MIN and earn $ADA rewards generated from the Fee Switch, along with potential extra rewards from project incentives. Every time someone swaps on Minswap, there is a 0.3% fee, of which 0.05% is the Fee Switch. The $ADA generated through it is redirected towards $MIN Stakers. Every month $ADA rewards for the entire month are accumulated and then distributed the month after, similar to how $ADA rewards are distributed to LPs.

Staking Options

1. 9-month staking (Tiered Contract):

   • Users commit their $MIN for a fixed 9-month period and receive consistent staking rewards throughout.

   • This option offers higher rewards due to its long-term commitment.

   • Early redemption is allowed but results in penalties on accrued rewards proportional to how early you redeem.

   • Once the staking period ends, users can claim all rewards and $MIN by redeeming.

2. Liquid staking:

   • Users can stake their $MIN with the flexibility to withdraw or reallocate at any time without penalties.

   • Rewards are partially tied to ADA delegation rates and are generally lower than those offered by the 9-month staking option.

   • This option provides greater liquidity and control over staked assets.

How Rewards Work

• The Fee Switch generates $ADA rewards from trading fees, which are distributed monthly to stakers.

• Forfeited rewards from early redemptions in the Tiered Contract are collected and redistributed to other stakers.

$MIN Staking Rewards

In its current iteration, $MIN Stakers will purely have the following 2 benefits:

• $ADA Real Yield comes directly from Trading Fees the platform generates.

• Governance say as any $MIN Holder would have, with the same voting power.