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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