Staking

Staking is the primary value accrual strategy of Ragnarok. Stakers stake their RGK on our website to earn rebase rewards.
Staking is a passive, long-term strategy. With each rebase your number of tokens increases according to the APRs defined by the protocol. Interest is compounded automatically.
When you stake, you lock RGK and receive an equal amount of sRGK. Your sRGK balance rebases up automatically at the end of every epoch. 
When you unstake, you burn sRGK and receive an equal amount of RGK. Unstaking means the user will forfeit the upcoming rebase reward. 
We will propose a vote on our discord. If the vote is accepted by the majority, a limit time will be added to the contract after staking during which it will not be possible to withdraw your sRGK. We are currently thinking of a duration of 08h01, this forcing people to stack for more than one rebase. This will prevent buying and reselling speculation just before each EPOCH. 
The duration of an epoch is 8 hours.

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Last modified 5mo ago

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