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Staking

Staking against real yield
Our staking program rewards stakers with 50% of transaction based fees charged through our products. We will buy back our SYT token on the open market to reward our stakers.
Stakers will benefit from daily token rewards that they can either:
  • Withdraw rewards;
  • Compound (i.e. add to the pool of tokens they staked);
  • Auto-compound (i.e. automatically add all daily rewards to their staking amount)
Staked tokens can be locked for various durations, the longer the lock period, the higher the multiplier for stakers, increasing their share of the revenue sharing pool.
Time period lock
Multiplier
Multiplier for Genesis NFT holders
1 day (minimum lock)
x1
x2
1 week
x5
x8
1 month
x10
x18
6 months
x20
x30
1 year
x50
x75

Simulation of Total Daily Rewards for Sprynt token stakers:

Indicative: Simulation of daily rewards that would flow back to stakers in case we reach the same transaction volume with our products as the established projects below.