FAR Staking Rewards
Stake FAR, Earn FAR
When you stake FAR, you also earn additional FAR on top of the trading fee rewards received in NEAR. Staked FAR tokens are auto-compounded for users that wish to just leave their FAR tokens staked.
Far Token Allocation
FAR staking rewards will be earned over 4 phases with differing reward rates, based on a schedule of 24 hours per day.
Phase | Length | FAR Per Hour | FAR Per Day |
---|---|---|---|
A | 720 hours (30 days) | 189.00 FAR | 1,228,500.00 |
B | 2,160 hours (90 days) | 89.775 FAR | 583,537.50 |
C | 7,200 hours (240 days) | 35.4375 FAR | 230,343.75 |
D | 10,830 hours (361 days) | 18.90 FAR | 122,850.00 |
Calculating FAR Rewards
User A’s FAR staking rewards per hour are calculated by:
Example
User A stakes 10,000 FAR during Phase A
The total amount of staked FAR is now 1,000,000 FAR
Based on the above, User A would receive:
Auto Compounding
Pending rewards are often required to be manually staked by users to increase their share of staked tokens. However this wastes both gas and opportunity cost. As such, FefwandFar has enabled auto-compounding for all users that stake FAR. This means that FAR rewards received from the staked FAR balance are automatically re-staked into the pool (or compounded) to increase the amount of FAR staked.
When users unstake their FAR tokens, the amount of compounded rewards and the original staked amount will be withdrawn to the user’s wallet.
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