Staking Mechanism
To incentivize early supporters and distribute $SΞR tokens in a fair and transparent manner, we have designed a unique staking mechanism. This system is engineered to reward participants who believe in the Ethereum ecosystem and are committed to growing with the SΞR platform.
At launch, 50% of the total supply (50,000,000 $SΞR) will be locked in a dedicated staking rewards contract. Users can earn $SΞR token rewards by staking their ETH.
Core Mechanics
Staking Asset: ETH
Reward Asset: $SΞR
Total Reward Pool: 50,000,000 $SΞR
Staking Period: A maximum of 180 days
Reward Calculation and Distribution
Our reward distribution model is designed to fairly compensate all participants and encourage long-term commitment.
Daily Reward Pool: The total reward pool of 50,000,000 $SΞR is divided equally into 180 portions, one for each day of the staking period.
Proportional Distribution: A user's daily reward is determined by their proportional share of the total ETH staked by all users as of the end of the previous day. This dynamic mechanism ensures ongoing fairness in reward allocation.
Example:
Assume that on Day 10, the RewardPerDay is 277,777.78 $SΞR.
As of the end of Day 9, the total amount staked in the contract by all users is 1,000 ETH.
During this time, User A has cumulatively staked 50 ETH.
User A's share of the staking pool is: 50 ETH / 1,000 ETH = 5%.
Therefore, User A's reward for Day 10 will be: 5% * 277,777.78 $SΞR = 13,888.89 $SΞR.
Strategic Purpose
This staking mechanism is designed to achieve several key objectives:
Fair Launch & Wide Distribution: It allows any ETH holder to participate through staking, rather than acquiring tokens solely through purchase. This helps build a broader and more diverse early community.
Incentive Alignment & Ecosystem Commitment: Requiring users to stake ETH ensures that participants are inherently stakeholders in the Ethereum ecosystem. This aligns perfectly with SΞR's mission to monitor Ethereum's strategic reserves, attracting users who genuinely care about the network's health.
Controlled Token Release: The 180-day linear release schedule prevents a large volume of tokens from flooding the market early on, thereby supporting the token's economic stability and long-term health.
Fostering Community Ownership: Holders who earn tokens through staking often develop a stronger sense of ownership and engagement with the project, laying a solid foundation for future community governance and ecosystem development.
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