rSWTH
ICS20
4.00%APR
On StaFiHub Chain
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Detail Info
rSWTH Analytics
StaFi Analytics
FAQ
At present, the Keplr wallet supports SWTH Staking. Download Keplr wallet extension.
Staking SWTH with StaFi rToken App helps SWTH stakers solve two issues:
1. It eliminates the need to wait for a 30-day unbonding period when unstaking SWTH. Users can transfer and trade the staking voucher rSWTH token at any given time to enjoy liquidity and hedge against price risks.
2. It removes the need to learn the complicated Tendermint consensus mechanism of Carbon and the rules for calculating staking rewards. With the StaFi rToken App, users may deposit SWTH into the rSWTH pool in a few steps, which will automatically select the best validator and obtain maximal rewards by using StaFi’s Staking Reward Maximization Strategy.
You can stake SWTH by following the instructions provided in this guide: Staker Guide.
When a user deposits SWTH into the rSWTH contract, StaFi calculates the amount of rSWTH to be issued to the user, based on the prevailing exchange rate between the deposited SWTH and rSWTH. When a user holds rSWTH, StaFi determines the amount of SWTH that can be redeemed, based on the real-time staking income of SWTH.
The rSWTH exchange rate (Ci) increases as the staking rewards are accrued. It is determined by several factors, including the total number of SWTH locked in the staking contract (Qstk), the total number of redeemed SWTH (Qred), the number of staking rewards (Qrew), the number of slashed SWTH (Qslh), the commission rate (Rcom), the total number of issued rSWTH (M), and the total number of burnt rSWTH (N). Here is the formula used for the calculation:
StaFi has listed rSWTH tokens on DEXes such as Nitron and launched liquidity mining incentive campaigns to ensure the liquidity of rSWTH pairs.
The commission and fee structure for staking SWTH is as follows:
1. Stake SWTH: There are no commission fees.
2. Unbond SWTH: Users are required to pay a 0.2% redemption fee (based on the amount of rSWTH tokens unbonded) along with a 1 FIS Relay Fee.
3. Staking Reward Commission：10% of your staking reward.
0.2% redemption fee and 10% staking reward will be allocated to the StaFi DAO.
After unstaking your rSWTH, you will need to wait approximately 31 days before you are able to withdraw your unstaked SWTH tokens.
The SRMS includes the following 4 parts:
1. Diversified delegation.
2. Strict selection of Original Validators (OV) Candidates.
3. Automatic delegation to OVs offering the highest staking APY.
4. Minimizes potential losses when OVs get slashed.
Rewards are normally updated once every 24 hours. rSWTH liquid Rewards are normally updated once every 24 hours. rSWTH liquid staking rewards are mainly influenced by the Carbon chain's staking APR, delegation strategy and Original Validator's slashing.
