Staking SAR
Novel game-theoric single-sided staking for PFL, PSB & PBAR
Last updated
Novel game-theoric single-sided staking for PFL, PSB & PBAR
Last updated
Pangolin Exchange ยฉ 2023
This feature is currently available for Flare, Songbird & Hedera network. We are looking forward to rolling it out across more chains in 2023.
๐โ Learn more about SAR algorithm
Make sure to connect to the Flare Network / Songbird Network / Hedera Network.
Staking pangolin tokens creates a SAR NFT position which manages your staked tokens and the APR.
The APR starts from 0% (zero percent) and grows based on the staking duration. โ how APRs are calculated
SAR NFTs can be traded on secondary markets such as Sparkles (make sure to refresh metadata before purchasing!)
Overview of your staked SAR NFT position. Use the widget on the right side to interact.
First, choose your position by clicking on the NFT.
On the right side, use the toggles "Compound", "Add", "Unstake" and "Claim" to interact with your position. Each of the actions requires confirmation with your Web3 wallet.
Add: Adds new or claimed tokens to your selected NFT position.
Compound: Compounds your rewards to the selected NFT position.
Claim: Claims your rewards to your Web3 wallet.
Unstake: Unstakes from the selected NFT position to your Web3 wallet.
Click on "Start" and follow the staking guide.
Enter an amount and click on "Stake". Click again on "Stake" in the summary.
Claiming rewards will reset your NFT position's APR to 0%.
Compounding rewards will average the new position into your current position's APR.
To perform the action, toggle to the option and either click on "Compound" or "Claim".
Adding new tokens to your selected position will average your APR. While the new added tokens start from 0%, your original position keeps the old APR.
Unstaking your tokens resets your position's APR and claims remaining rewards.
To add, toggle "Add" and click on "Stake" or toggle and click on "Unstake" to remove position.
