The Shroomy Project staking mechanism is a core component of the protocol’s economic model, designed to incentivize token holders who actively participate in securing and governing the ecosystem. By staking $SHROOMY tokens (the native token of Shroomy Project), participants receive protocol-derived incentives and gain governance rights proportional to their stake.

Key Benefits

  • Protocol Incentives: Earn protocol-derived incentives proportional to your staked amount
  • Native Asset Rewards: Receive rewards in the same assets distributed by the protocol
  • Protocol Governance: Participate in governance decisions that shape the future of Shroomy Project
  • Economic Alignment: Align your interests with the long-term success of the protocol

Staking Mechanism

How Staking Works

  1. Supply: Users supply $SHROOMY tokens into the staking contract
  2. Lock Period Selection: Users must choose one of the available lock durations: 7, 30, 60, or 90 days
  3. Incentive Accrual: Stakers earn their proportional share of the 50% of protocol fees allocated to the staking contract
  4. Epoch-Based Distribution: Incentives are calculated and distributed in 24-hour epochs
  5. Claiming: Accrued incentives can be claimed at any time, independent of the lock period

Native Asset Distribution

A unique feature of Shroomy Project staking is that rewards maintain their original form:

  • Rewards are distributed in the same assets in which they were generated
  • If the protocol earns WETH, stakers receive WETH
  • If the protocol earns kBTC, stakers receive kBTC
  • This applies to all supported assets within the ecosystem

This approach provides stakers with a diverse basket of digital assets rather than a single token, creating natural portfolio diversification.

Staking Parameters

Lock Periods

Shroomy Project offers four fixed staking lock periods:

  • 7 days: Short-term staking option
  • 30 days: Medium-term staking option
  • 60 days: Extended staking option
  • 90 days: Long-term staking option

Each lock period represents a commitment to keep your tokens staked for the specified duration. During this period, tokens cannot be withdrawn, but continue to earn incentives.

Epoch Structure

  • Epoch Duration: 24 hours
  • Distribution Calculation: Protocol fee distribution calculations occur at the end of each epoch
  • Incentive Accrual: Incentives earned during an epoch become claimable immediately after epoch completion
  • Daily Claiming: Users can claim accrued incentives after each epoch

Claiming Incentives

Daily Claiming

  • Daily Availability: New incentives become available for claiming after each 24-hour epoch
  • Claim Frequency: Users can claim their accrued incentives daily as soon as an epoch completes
  • No Lock-up: Claimed incentives are transferred immediately to the user’s wallet
  • Flexibility: While daily claiming is available, users can choose to claim less frequently if desired

Staking Tiers

TierLock PeriodMultiplier
17 days1x
230 days2x
360 days3.5x
490 days6x

How It Works

  • Lock your $SHROOMY tokens in one of the tiers.
  • The longer the lock period, the higher the multiplier applied to your rewards.
  • Choose a tier that matches your commitment level to maximize your rewards.