đŸŽ¯
WOW User Guide
  • đŸŽ¯Introduction to WOW
  • Getting started
    • 📂Steps to set up a compatible crypto wallet
    • 🔗Switching to Arbitrum
    • 🔃Transferring ETH and USDC to Arbitrum
    • 🤝Connecting your wallet
    • 🤝Adding WOW Contract Address to your Wallet
    • ✋Before you stake
  • Staking
    • đŸ•°ī¸Staking unvested WOW
    • â˜‘ī¸Claiming WOW
    • 🔓Introduction to staking
      • đŸĒœChoosing your tier
    • 🏆Staking Tiers
    • ⌛Fixed staking
    • âŗFlexi staking
    • 🔒How to stake WOW
  • WOW Platform
    • â„šī¸Dashboard
    • đŸĒ™My WOW
  • WOW Access Pass (NFT)
    • âŦ‡ī¸Manually importing your WOW Access Pass (NFT) to Metamask
  • Tokenomics
    • đŸ”ĨBuy Back + Burn
    • 📖Glossary of terms
  • Security and Compliance
    • 📂Securely managing and storing WOW tokens
    • 🔎Audit report
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  1. Staking

Introduction to staking

Staking allows WOW holders to contribute to the WOW Wealth Protocol while earning rewards from the protocol's wealth generation activities.

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Last updated 1 year ago

Purpose and Benefits

  • Staking provides WOW holders with an opportunity to earn passive rewards by actively contributing to the network's security and functioning.

  • In the WOW ecosystem, staking directly ties participants to the success of projects funded by the protocol, creating a shared incentive for growth and stability.

Staking Options

  • Fixed Staking: Users receive upfront shares that guarantee rewards over a predetermined period while tokens remain locked.

  • Flexi Staking: Users accumulate shares progressively over time while retaining the ability to unlock their tokens anytime.

Staking Tiers

  • Participants stake into specific tiers that define their access to rewards pools. Staking in a higher tier grants access to all lower tiers, increasing the range of rewards available.

  • Rewards are distributed in stable coin based on the shares held, reducing the potential market impact of large-scale selling.

Yield Distribution

  • Yield or rewards are distributed proportionally among staking participants via transparent smart contracts, ensuring fair and accurate distribution.

  • The protocol operates within a closed-loop economy where profits are reinvested, distributed as rewards, or used for a buyback-and-burn mechanism to enhance value.

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🔒How to stake WOW