FAQ'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.