Minswap
  • Get Started
    • Introduction
    • Whitepaper
    • Follow Us
  • MIN Token
    • $MIN Tokenomics
      • $MIN Staking
      • Token Allocations & Vesting
    • Yield Farming
      • $MIN Point System
      • Yield Farming on Minswap
        • Yield Farming Example
  • Governance
    • Governance Module
    • Proposals & Snapshot Voting
    • Liquidity Pool Fee Governance
      • Create LP Fee Governance
      • Vote for an LP Fee Proposal
      • Fee Manager - Change the Pool Fee
    • DAO Treasury POL
    • Catalyst Voting
    • Reports
  • FAQ
    • Token Launching & Farming
      • 1. Token Listing & Verification
      • 2. CoinMarketCap Tracking
      • 3. Launchbowl - Initiatives Rundown
      • 4. Farming for Projects
    • Stable Pools
    • Zap-In
    • MINt token
    • Meteor LBE
      • LBE NFT Mechanism
    • FISO
  • Developer
    • Wallet Connect
Powered by GitBook
On this page
  • Staking Options
  • How Rewards Work
  • $MIN Staking Rewards

Was this helpful?

  1. MIN Token
  2. $MIN Tokenomics

$MIN Staking

Previous$MIN TokenomicsNextToken Allocations & Vesting

Last updated 3 months ago

Was this helpful?

On the $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.

Staking Page