Staking in the Insurance Pool
The Insurance Pool allows users to deposit reUSD and contribute to the protocol’s safety by accepting a share of protocol risk. In return, users receive a share of protocol revenue and RSUP rewards as compensation for their participation.
Key Features of the Insurance Pool
Risk & Reward Mechanism:
Users stake reUSD to help secure the protocol.
In exchange, they earn protocol revenue and RSUP tokens.
Participants accept a portion of the protocol’s risk by providing capital.
ReUSD may be converted to crvUSD or frxUSD during liquidations.
vAPR Display:
Displays the current reward rate, indicating how much yield stakers can expect.
How to Stake reUSD
Enter the desired amount of reUSD to stake.
Click "Approve" to allow the transaction.
Once approved, click "Stake" to deposit funds into the Insurance Pool.
Users can also click "Max" to stake the entire available balance.
Unstaking & Cooldown Period
Unstaking is a two-step process:
Initiate unstaking triggers a 7-day cooldown.
While in cooldown, you won’t receive RSUP tokens or be able to withdraw. However, you will still receive reUSD rewards.
After the cooldown period, users can fully withdraw their reUSD.
Users must navigate to the "Unstake" tab to complete the process.
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