Kwenta Documentation
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  • 🥂Welcome to Kwenta
  • Getting Started
    • How to start using Kwenta
    • Introduction
    • Getting started on Optimism
    • How to get sUSD
    • Access Kwenta
      • Installing the IPFS Companion to Access Kwenta
      • Backup RPCs
      • Withdrawing from v2 Isolated Margin using Optimistic Etherscan
  • Using Kwenta
    • Futures on Kwenta
    • Jargon
    • Synthetix Isolated Margin
      • Funding
        • Technical Details
      • Delayed Orders
      • Maker/Takers on Kwenta
      • Leverage
      • Liquidations
      • Initial/Maintenance Margin
      • One-Click Trading
        • Onboarding to 1CT
        • FAQ
      • Smart Margin
        • Dashboard Overview
        • Futures UI Overview
        • Get Started with Smart Margin
          • Withdrawing sUSD & ETH
          • Opening/Closing Positions
          • Conditional Orders
            • Limit Orders
            • Stop-Loss Orders
          • FAQ
      • Delegated Trading
        • Getting started
        • Managing Delegates
        • Accessing Accounts Delegate to You
      • Fees
      • Referral Program
        • The Traders Tab
        • The Affiliates Tab
        • Incentive Tiers and Rewards
      • FAQ
    • Perennial Isolated Margin
      • Perennial Intro
        • Market Design
        • Oracles
        • Payoff & Positions
        • Trading Fees and Price Impact
        • Funding Rate
        • Interest Rate
        • Leverage & Liquidations
        • Collateral
        • CodeBase
      • Bridging to Arbitrum
      • Trading on Perennial
        • Dashboard Overview
        • Futures UI Overview
        • Opening/Closing Positions
        • Advanced Orders
          • Limit Orders
          • Stop-Loss Orders
      • Gasless Trading
        • Onboarding to 1-Click-Trading
        • FAQ
  • Kwenta Token
    • Staking KWENTA
      • How to stake KWENTA
      • Escrow and Vesting
      • Transferring Escrow Entries
    • Claiming Rewards
    • Trading Rewards
  • DAO
    • Kwenta Token
    • Governance
    • MarketingDAO
    • devDAO
      • Contributing to the Kwenta Frontend
        • Troubleshooting
        • Testing
  • Developers
    • Deployed Contracts
      • V2 Futures Market Proxy Contracts
    • Verify Kwenta
    • Kwenta SDK
  • Resources
    • Audits
    • Development progress Epoch 1 2024
    • GitHub
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  1. Kwenta Token

Staking KWENTA

Stake your Kwenta token to earn staking rewards and voting power

PreviousFAQNextHow to stake KWENTA

Last updated 12 months ago

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The Kwenta staking contract allows users to lock Kwenta tokens in exchange for various benefits.

  • Staked KWENTA will gain voting power within the system enabling stakers to vote in Elite Council elections and CKIPs, offering the protocol a decentralized decision-making mechanism.

    • 1 $KWENTA = 1 Vote

  • Staked KWENTA will earn inflationary rewards. Staked wallets with trading activity will earn additional rewards to place active Kwenta users at the center of decision-making. Staking is only available on the Optimism L2 Network.

Staking rewards are continuously accrued and can be claimed at any time. Trading rewards are allocated to you once a week. View for more details on the staking mechanism.

Cooldown period?

The cooldown period is NEW, and the time required before unstaking your tokens is possible. The cooldown period to unstake your tokens is two weeks & the clock starts ticking from the last time a staker interacted with the v2 staking contracts. This includes adding to your staked balance with liquid $KWENTA or escrow $KWENTA.

The cooldown period is 7 days, but this can be further extended/reduced via governance.

IMPORTANT: After the cooldown period is complete, you have an unlimited window to withdraw your unstaked tokens. If you do not withdraw before interacting with the staking contract again, you will have to start the cooldown process again.

Example:

  • If the cooldown period was activated 7 days ago, you could withdraw!

  • If the cooldown period was activated 7 days and 2 hours ago, you claim rewards and will now need to start the 7-day cooldown period again.

KIP-3
How to stake KWENTA
Escrow and Vesting