Stake to Earn
The staking system allows you to deposit a certain amount of tokens and earn rewards for doing so. For now, you can stake your $AQUA to earn more $AQUA. This process is encapsulated by two fundamental actions:
Deposit:
This action enables you to transfer tokens from your wallet to the staking pool, thus making you eligible for accumulating rewards. These rewards are determined each block and depend on your total deposit and the collective deposit of all stakers.
Withdraw:
This action facilitates the extraction of a specific amount of tokens from the staking pool.
Upon depositing, your tokens are locked for 30 days automatically. When the timer hits zero, you have the option to withdraw, but you will continue earning rewards regardless.
Depositing also triggers the delivery of pending rewards to your wallet. Similarly, withdrawing prompts the transfer of pending rewards to your wallet.
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