Staking

Cypher Staking

Details about the CYPHER Token Staking

Cypher staking allows $CYPHER holders to earn a portion of 100% of protocol-generated revenue, distributed directly to participants. Deposit fee earnings are transformed into $CYPHER through open market transactions and allocated to stakers, tying rewards to protocol adoption and expansion.

Staking Mechanics

  • Earn as the Protocol Thrives Stake $CYPHER at any time to start accruing rewards.

  • Enhanced Yield for Dedicated Stakers Long-term commitment is incentivized with boosted yields.

  • Flexible Access No lock-up period—unstake your $CYPHER whenever needed.

  • Reward Distribution Rewards are disbursed in $CYPHER every 28 days.

  • Reward Accumulation Your earnings are proportional to your share of the total $CYPHER staked over each cycle.

How APR Works

  • APR Based on Revenue Share The APR reflects your annualized share of protocol revenue.

  • Cycle-Based Distribution Every 28-day cycle, a set amount of $CYPHER (converted from collected protocol revenue) is shared among stakers. The displayed APR is calculated based on current distribution and total staked $CYPHER, annualized for clarity.

  • APR Influencing Factors

    • Protocol activity levels (higher usage boosts revenue and rewards).

    • Total $CYPHER staked (your relative portion of the reward pool).

Boost Points

  • Impact of Unstaking Unstaking results in the burning of your accumulated Boost Points.

  • Boosting Rewards Boost Points enhance your staking rewards, encouraging long-term dedication to the protocol.

  • Earning Potential Achieve up to a 100% boost on rewards with consistent staking, reaching the maximum after 1 year of uninterrupted participation.

  • Point Accumulation The more Boost Points you hold, the greater your share of the reward distribution.

  • Non-Transferable Incentive Boost Points cannot be transferred and are incinerated upon unstaking, promoting ongoing engagement.

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