Incentivizing governance participation through staking rewards accrual.
STATS
Staked Tokens
N/A
FIO Tokens Staked
Current APY
N/A
LAST 30 DAYS
N/A
LAST 7 DAYS
N/A
LAST 1 DAY
Currently Staking Tokens?
If you are staking tokens, you can look-up the amount of FIO Rewards accrued by FIO Handle.
✨ You're on the list! Thanks for joining the FIO Fam ✨
Oops! Something went wrong while submitting the form.
FIO Rewards for FIO Handle: N/A
N/A
Staked FIO
N/A
Total Rewards Earned (Issued at Unstake)
Nothing to display
There are no FIO tokens currently staked for this FIO Handle.
Overview
Incentive
To incentivize governance participation, FIO Token can be staked.
Stake Any Amount
Token holders who vote or proxy their FIO Tokens can choose to stake any amount of tokens held in their account.
Safe & Secure
The staked tokens never leave user’s account, but are locked and cannot be spent.
Rewards
When tokens are staked, they accrue Staking Rewards.
Unlock Period
When the token holder unstakes their tokens, they receive the accrued Staking Rewards and their staked tokens remain locked for an additional period of 7 days after unstaking.
Staking Rewards
25% of every fee collected on the FIO Chain is redirected to Staking Rewards.
In addition, if the total daily amount redirected to the pool is less than 25,000 FIO, new tokens are minted from the Staking Reward Reserves allocation to ensure the pool receives a minimum of 25,000 FIO daily.
The amount of Staking Rewards received from staking is directly related to amount of fees processed on the FIO Chain, number of FIO Tokens being staked and how soon after staking activation have tokens been staked. It is therefore not possible to determine annualized yield before tokens are staked, but only by looking backwards after unstaking.
EARN 11%
of the staking reward paid
Integrator
Wallets, exchanges and other blockchain-related application providers, which integrate Staking, earn 11% of the staking reward paid to the end-user.