Staking History Overview
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Understanding Staking:
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Staking $SQR involves locking up a certain amount of your $SQR tokens in a staking pool to support the network's operations. In return, you earn rewards, typically in the form of additional $SQR tokens or SQRp points, depending on the staking conditions.
You earn rewards by holding your $SQR tokens in a staking pool for a predetermined period. The rewards, which can be additional $SQR tokens or SQRp points, are determined by the amount of $SQR you stake and the duration of the stake.
No, staked $SQR cannot be withdrawn until the end of the specified lock period. This ensures the stability and security of the staking pool.
SQRp points represent your share of the allocation in certain launchpad projects. The more $SQR you stake and the longer you stake it for, the more SQRp points you earn, granting you larger allocations in launchpad projects.
You can claim your staking rewards after the staking period ends or at specific intervals during the staking period, depending on the staking pool's rules. Rewards in the form of $SQR can be added to your wallet, while SQRp points may be used directly for launchpad allocations.