💸| ONE Staking

You can stake and lock your $ONE token in the $ONE staking pool to benefit from protocol profits. 100% of the protocol earnings from trading fees flow into the staking pool in form of $MEGA. Rewards are distributed every few days, and you can claim at any time.
Lock your $ONE token to boost your rewards
The minimum lock is 7 days. You can further lock your $ONE into a NFT lock position to receive more rewards. The maximum lock is 365 days resulting in the highest reward boost. The lock boost multipliers are:
7 Days = 1x Multiplier 90 Days = 1,5x Multiplier 180 Days = 2x Multiplier 270 Days = 2,5x Multiplier 365 Days = 3x Multiplier
Stake Positions
You can have several lock positions with different lock setups. There are three options to edit existing positions:
Add additional $ONE:
If you have a remaining lock time, the average new lock time is calculated:
New Lock Time = (Remaining Lock Time * Staked $ONE Amount + $ONE Amount to add * Initial Lock Duration) / ($ONE Staked Amount + $ONE Amount to add)
Re-New Lock:
You can renew your lock position to the initial lock amount. This function is important to be able to renew your existing position if the remaining lock time is not enough for voting anymore.
Extend Lock:
You can extent your lock position to a new lock time. This function is important for stakers who choose a initial lock position under 90 days and want to participate in voting. With extent lock they can change the existing stake position to a new lock time which is applicable for voting.
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