🥋Staking and Farming:
Last updated
Last updated
Staking with SHINOBI is more than just locking up tokens – it's about actively contributing to the health and longevity of our ecosystem. Our unique approach to staking introduces a timer-based system that adds a layer of stability while providing flexibility for users. Here's how it works:
When a user, let's say Investor A, decides to stake a certain amount of SHIDO or STABLE token, a portion of their stake is automatically allocated to the SHIDO DEX liquidity pool for a predetermined period, let's say 4 hours. This automated process ensures continuous liquidity provision while allowing users to earn rewards from their staked tokens.
During the 4-hour period, the portion of User A's stake allocated to the liquidity pool actively participates in investment activities(same quantity), earning returns based on trading fees and market performance. At the end of the 4-hour period, User A has the option to withdraw their entire stake and the profit in shinobi that they gained from the daily APR/APY.
Upon withdrawal, any profits generated from the portion allocated to the liquidity pool are automatically reinvested into the SHINOBI ecosystem. These profits contribute to the sustainability and growth of the platform, ensuring a continuous cycle of value creation for all participants.
This timer-based staking mechanism not only encourages long-term engagement but also promotes liquidity provision and market stability, laying the foundation for a robust and resilient ecosystem.
Farming:
In addition to staking, SHINOBI offers farming opportunities that allow users to earn rewards by providing liquidity to various pools within the ecosystem. Our farming protocols are designed to optimize yield while minimizing the risk of impermanent loss.
Users can participate in farming by providing liquidity to designated WSHIDO token pairs, such as BTC/WSHIDO or USDT/WSHIDO, on our platform or by going into the pool for single staking. By contributing to the liquidity pools and farms, users facilitate efficient trading and earn rewards in the form of SHINOBI tokens.
Overall, our farming protocols are designed to empower users with flexible and rewarding opportunities to engage in the SHINOBI ecosystem, driving liquidity, innovation, and value creation for all participants.
