Staking Key Information
Last updated
Last updated
These are the key details regarding ATH staking rewards.
Aethir Staking Platform is on Ethereum Mainnet
Weekly Epoch: Each staking epoch lasts one week. Staking epochs begin every Thursday at 00:01 UTC and last until 23:59 UTC on Wednesday next week. Wednesday 23:59 UTC is the cutoff time for that staking epoch’s rewards. If you stake your ATH on Thursday 00:01, you won’t qualify for the previous epoch’s staking rewards.
Variable Rewards: The staking rewards aren’t fixed. They vary depending on multiple factors, including the amount of staked ATH, staking duration, the total amount of ATH in the pool, and the number of users staking.
Reward power: This is a crucial factor in determining your staking rewards. The reward power calculation is simple: Your amount of staked ATH is multiplied by the number of staking epochs in your selected lock-up period. For example, if you stake 1000 ATH for one week, your reward power score is 1. However, if you stake 1000 ATH for one year, your reward power score is 52,000 because a year has 52 weeks/epochs. The higher the reward power, the higher the staking rewards. Consequently, longer staking periods bring much higher rewards to stakers.
Claim rewards: Participants can claim rewards every Thursday, one week after staking begins. After each epoch ends on Wednesday at 23:59 UTC, users can claim the rewards from the past epoch.
1. What is the minimum/maximum staking period?
The minimum staking period is one week, and the maximum is four years. The duration is always in whole weeks because each ATH staking epoch lasts one week.
2. When do ATH staking epochs start and end?
Staking starts after you click the Stake button and sign the transaction. However, the one-week staking epoch counts from every Thursday at 00:00 UTC and ends the following Wednesday at 23:59 UTC. For example, if Alice stakes on Tuesday for one week, her staking will end the following Wednesday at 23:59 UTC (a total of 8+ days).
3. When does my stake end, and when can I withdraw my staked tokens?
You can withdraw your staked tokens only after your selected staking period ends. Once you choose a staking period and stake ATH, you can’t withdraw your staked tokens early. If you’ve staked ATH for one year, you can only withdraw your staked tokens after the one-year period expires.
4. How are rewards distributed?
ATH staking rewards are distributed among users weekly, based on the amount of veATH locked, and the staking duration. This is how “APR” is calculated. Users will also earn additional tokens from Aethir ecosystem partners, calculated in the same way as ATH rewards.
5. When can I claim rewards?
Participants can claim rewards every Thursday, one week after staking begins. For example, if Bob stakes his tokens on Wednesday, July 3, 2024, he will be able to claim rewards starting from Thursday, July 11, 2024. After each epoch ends on Wednesday at 23:59 UTC, users can claim the rewards from the past epoch.
6. How do the amount and duration of staking affect rewards?
The amount of staked ATH and the duration of staking determine each user's reward power, each week. Staking more ATH for a longer staking duration increases the user’s reward power and thus earns them more rewards.
7. How does reward calculation work in practice?
Suppose Alice stakes 100 tokens for 2 weeks, and Bob stakes 100 tokens for 4 weeks. Each week, the reward pool contains 1000 tokens. Bob's reward power will be twice that of Alice's because he chose a staking period twice as long. Thus, Bob will receive twice the rewards each week compared to Alice. Starting from the third week, Bob will receive all the rewards since he is the only staker left because Alice’s staking period has ended.
8. How can I increase my reward power to receive more weekly rewards?
To increase your reward power, you can stake more ATH and/or extend the duration of your staking period.