Staking
Last updated
Last updated
Staking your AQUA tokens is a pivotal way to engage with the Aqualoan ecosystem. By staking, you contribute to the protocol's security and stability while earning rewards. The Aqualoan Safety Module incentivizes long-term commitment through a robust rewards mechanism, promoting both individual and collective growth within the community.
Earn Rewards: A dedicated pool of 30 million AQUA tokens is allocated for stakers, vesting over six months. By staking, you earn a share of these rewards.
Enhance Protocol Security: Your staked AQUA strengthens the protocol's safety net, safeguarding the ecosystem against potential risks.
Participate in Governance: Stakers have a voice in Aqualoan's decentralized governance, influencing future policies and developments.
This screenshot displays the staking dashboard, including the total funds staked, the daily reward emissions, and an overview of your staking status. Users can see their staked balance, rewards, and the Staking APR (Annual Percentage Rate).
Stake Your AQUA Tokens: Deposit your AQUA tokens into the Aqualoan Safety Module to begin staking.
Screenshot 1: Reference the first screenshot here to highlight the "Stake AQUA" section, showing how users can stake their tokens and monitor the APR.
Earn AQUA Rewards: Receive additional AQUA tokens from the rewards pool, which vest over a six-month period.
Initiate Cooldown: When you decide to unstake, you must first initiate a cooldown period. This is done by clicking the "Cooldown to Unstake" button.
This image shows the cooldown process, detailing the 10-day cooldown period and the subsequent 2-day unstake window.
In this window, users can see the "Cooldown period" highlighted, the timeline for unstaking, and a warning about restarting the cooldown if the unstake window is missed.
Cooldown Period: The cooldown period lasts for 10 days. During this time, you continue to earn rewards.
Withdrawal Window: After the cooldown period, you have a 2-day window to withdraw your staked tokens. If you miss this window, you will need to reinitiate the cooldown process.
Complete Unstake: Withdraw your staked AQUA tokens during the withdrawal window.
Users can restake their earned rewards directly back into the staking module to maximize their returns. The process involves specifying the amount to restake.
This screenshot demonstrates the restaking interface, where users are warned about the cooldown period if they wish to unstake later. It also displays the claimable rewards and their USD equivalent.
Shortfall Events: In the unlikely event of a protocol shortfall, up to 30% of the staked AQUA tokens may be used to cover the deficit. This process is known as slashing.
Staker Responsibility: By staking, you acknowledge the risk of slashing but also contribute to the overall security and resilience of the Aqualoan protocol.
Passive Income: Earn additional AQUA tokens through staking rewards.
Support Ecosystem Growth: Your stake helps maintain the protocol's health and fosters community trust.
Governance Participation: Influence the future of Aqualoan by participating in governance decisions.
Deposit and Stake: You stake 500 AQUA tokens in the Safety Module.
Earn Rewards: Over the next six months, you earn additional AQUA tokens from the rewards pool.
Initiate Cooldown: When you decide to unstake, you initiate the 10-day cooldown period.
Withdraw Staked Tokens: After the cooldown period ends, you have a 2-day window to withdraw your staked AQUA tokens.
Long-Term Gains: By remaining staked and participating in governance, you maximize your rewards and contribute to the protocol's stability.
Acquire AQUA Tokens: Purchase AQUA on PancakeSwap or other supported platforms.
Access the Safety Module: Navigate to the staking section on the Aqualoan platform.
Stake Your Tokens: Follow the prompts to deposit your AQUA into the Safety Module.
Monitor Your Rewards: Track your staked balance and rewards through your user dashboard.
Understand the Terms: Familiarize yourself with the staking conditions, including the cooldown period and potential risks.
Stay Informed: Engage with the Aqualoan community to stay updated on governance proposals and protocol updates.
Risk Awareness: Be mindful of the risk of slashing and only stake amounts you're comfortable with.
Staking AQUA tokens is more than just earning rewards—it's about playing an active role in the Aqualoan ecosystem. By staking, you support the protocol's security, participate in governance, and contribute to the community's growth. Join the Aqualoan staking program today and be part of shaping the future of decentralized finance.
