MIN Staking

Staking $MIN involves locking your $MIN tokens for a chosen period (1, 3, 6, or 9 months) to earn $ADA rewards generated from trading fees on Minswap. The longer the staking period, the higher the reward boost, with monthly distribution of accumulated rewards. Early unstaking results in forfeiting all accrued rewards. Stakers also gain governance rights within the Minswap protocol.

You can stake any amount of $MIN you choose. If you want to stake different amounts for different periods, you need to do each transaction individually.

Staking rewards for $MIN come in the form of $ADA, generated from trading fees on the Minswap platform. The reward boosts depend on the staking period: 1 month (no boost), 3 months (3x boost), 6 months (6x boost), and 9 months (9x boost). These rewards are real yield, derived from swap fees, and are distributed monthly. If you unstake early, you forfeit all accrued rewards.

Yes, you can withdraw your staked $MIN at any time. However, if you withdraw before the end of the chosen staking period, you will forfeit all the accrued rewards. If you complete the staking period, your $MIN is effectively unstaked, and you can claim your rewards anytime.

The rewards for staking $MIN are in $ADA. These rewards are generated from the trading fees on the Minswap platform and distributed monthly.

Yes, you can stake different amounts of $MIN for different periods. Each staking transaction must be done individually if you want to allocate different amounts to various staking durations. This allows you to customize your staking strategy based on your preferences and desired reward boosts.