RSUP Token Staking / Unstaking
Last updated
Last updated
The feature allows users to stake their RSUP tokens to earn protocol revenue and gain governance voting power in the Resupply protocol.
RSUP Staking
Governance Participation:
Staked RSUP grants voting power, allowing users to participate in Resupply governance decisions.
Protocol Revenue Sharing:
Staked RSUP will receive a share of protocol generated revenue paid in reUSD.
vAPR Display:
Shows the current staking rewards rate (vAPR).
Users can enter a custom amount of RSUP tokens to stake.
The "Max" button allows staking of the full available balance.
Once approved, the “Staking” button initiates the staking process.
Two-Step Process for Unstaking:
Request a cooldown: This initiates a 14-day waiting period before a withdrawal is possible.
Withdraw after cooldown: Once the waiting period is over, the user can finalize the unstaking process and retrieve their RSUP tokens.
Cooldown Mechanism:
Once RSUP enters the cooldown state, it is no longer eligible for governance voting or staking rewards.
Users cannot enter “cooldown” for RSUP tokens that have been staked during the warm up period until the following epoch (7 days every Thursday 00:00 utc).
Users input the RSUP token amount they want to move into “cooldown”.
The "Max" button allows for full cooldown allocation.
Clicking "Request Cooldown" initiates the 14-day unstaking process.