SEFI
SEFISEFI is the governance token for SecretSwap and the Secret Network DeFi ecosystem.
Revenue over time (USD / year)
Total Reward Rate
0%
or 0% annualizedEst. Monthly Earning
$0
0 SEFIEst. Yearly Earning
$0
0 SEFIFAQ's
- How to Stake SEFI
SEFI Staking is currently available on SecretSwap here.
- How much can I earn Staking SEFI?
15% of all SEFI supply is reserved for stakers.
SEFI stakers (10%): ⅔ of SEFI allocated for stakers are distributed among SEFI stakers
SCRT stakers (5%): ⅓ of SEFI allocated for stakers are distributed among SCRT stakers
55% of all SEFI supply is initially reserved for SecretSwap users.
Liquidity providers (41.25%): Liquidity providers are allocated 75% of user rewards. LP tokens for eligible pools can be staked in order to receive SEFI tokens. These include LP tokens from other chains (e.g., Uniswap, Sushi).
Traders (13.75%): Traders receive 25% of user rewards through a cash-back mechanism. Cash-back tokens are minted with each trade (weighted by trade volume). In other words, traders accumulate cash-back tokens every time they trade. These cash-back tokens can be burned to redeem SEFI tokens.
- Any Risks to Staking SEFI?
There is smart contract risks associated with staking SEFI which are not currently considered to be a large risk.