🏆Staking Tiers
The nine staking tiers in the WOW ecosystem represent different levels of rewards pools, each requiring a specific minimum number of WOW to be staked.
Staking tiers within the Wealth of Wisdom ecosystem are structured to provide varying levels of rewards, each accessible at a specific tier. When users stake their WOW into a particular tier, they earn shares and qualify for rewards, or yield, not only from that specific tier’s rewards pool but also from every rewards pool of the lower tiers.
Key Features of Staking Tiers
Tiers and Access
Each staking tier requires a different minimum amount of staked WOW, providing access to that tier's rewards pools as well as rewards pools from each lower tier.
Higher tiers require a greater number of staked WOW and offer access to more rewards pools, thereby increasing the potential for cumulative yield.
Rewards Distribution
When a user stakes their WOW into a particular tier, they receive shares proportional to the duration of their stake.
The higher the tier, the greater the user’s access to multiple rewards pools since staking in one tier provides access to all lower tiers.
Rewards are distributed in stable coin and are based on the user's percentage of shares held within each pool.
Yield Sharing
Yield is distributed through the WOW Wealth Protocol. A percentage of profits is directed to the rewards pools of each tier.
The amount received by each user depends on their total shares within the tier and the rewards pools they are eligible for.
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