Stake
Last updated
Last updated
MESH staking participants will obtain a governance related farming pool voting right (vMESH) as well as staking rewards. Even if you stake the same number of MESH, the number of vMESH (full voting rights) you receive may vary depending on the length of the staking period.
In other words, the longer they participate in governance, the more voting rights they get, and by securing strong decision-making authority, they can exert more influence on the growth of Meshswap.
If you stake MESH for 4, 8, and 12 months * Stakers can earn MESH staking rewards, airdrop token rewards, pool transaction fee rewards, and ecopot token rewards with 1, 2, and 4 times the efficiency, respectively. * It can be changed to 8x staking efficiency at the time you want, and the MESH will continue to be staked from the time of change.
If you stake MESH for 12 months+α continuously • Stakers can earn MESH staking rewards, airdrop token rewards, pool transaction fee rewards, and ecopot token rewards with 8x efficiency. • You can change 8x to 4x efficiency whenever you want, and you are able to unstake (withdraw) after 12 months of lock-up from the time of alteration.
MESH stakers can earn pool voting rights (vMESH) and MESH rewards distributed through inflation. The initial MESH distribution rate for staking participants is 40%, which can be changed through governance voting.
Type | Staking period | voting rights |
---|---|---|
Distribution target | Distribution ratio by block (%) | Distribution per block (4 MESH) | Daily distribution block (4 MESH) |
---|---|---|---|
1X
Locked MESH for 4 months
1 vMESH
2X
Locked MESH for 8 months
2 vMESH
4X
Locked MESH for 12 months
4 vMESH
8X
Locked MESH as long as you want. You are able to unstake after 12 months of lock-up from the time of alteration(8x>4x)
8 vMESH
Lender
10%
0.32 MESH
13,824 MESH
Liquidity providers (General / Leverage pool depositors)
50%
1.60 MESH
69,120 MESH
MESH Stakers
40%
1.28 MESH
55,296 MESH
Total
100%
3.20 MESH
138,240 MESH