OMEGA staking
Stake OMEGA to earn 35% of the protocol's revenue, paid weekly in oUSD and ADA. Unstake at any time.
#What you earn
- 35% of OMEGA's revenue, shared with stability pool depositors as the joint-largest share, paid in oUSD and ADA.
- OMEGA rewards from the rewards programme.
Revenue is shared out once a week, after the week closes on Monday at 00:00 UTC, in proportion to how much OMEGA each stake holds.
#How a week works
- Stake whenever you like, apart from a few minutes each Monday while the previous week is being closed. A new stake earns from the start of the following week, so nobody can join at the last moment and take a share of a week they weren't part of.
- Each Monday the week closes: that week's revenue goes to the stakers who were staked for all of it.
- Claim whenever you like. Claims pay exactly what you're owed.
#Unstaking
You can unstake at any time, and unstaking never depends on prices, settings or anything else. You give up only the week in progress.
If you unstake on a Monday before the previous week has been closed, you keep that week's earnings: your OMEGA comes back straight away, and a small receipt stays behind to claim them once the week is closed.
#The team stakes too
The team's 25% is staked from day one, on exactly the same terms as everyone else. Its income is its share of revenue as a staker, so its interest lies in OMEGA growing, not in selling. See Tokenomics.