Staked Resolv Token (stRESOLV)
Last updated
Last updated
$stRESOLV token allows its holders to participate in the governance of Resolv. Stakers are enabled to receive staking rewards and Points Boost in Resolv Points activities.
Long-term holders of $RESOLV are able to gradually increase the multiplier of their staking rewards, subject to a maximum of 2x multiplier available to users with an average holding period of $stRESOLV of 1 year and more.
stRESOLV cannot be bought or transferred, it can only be obtained by converting RESOLV to stRESOLV (staking).
Holders of stRESOLV are able to convert it to RESOLV (unstaking) via the user interface. RESOLV tokens are transferable and are expected to be traded.
Staking rewards are regularly deployed into the staking contract (updated every 14 days). stRESOLV holders continuously accrue their Rewards balance every minute.
Claiming staking rewards will open together with the token listing, so that users are able to claim rewards on the day trading begins.
rewardRate
Defined for each epoch as:
amount: Total reward tokens allocated to the epoch.
duration: Length of the epoch in seconds (14 days by default).
periodFinish
The timestamp when the current epoch ends and the rewardRate resets to zero.
totalEffectiveSupply
The total number of staked tokens, including delegated and boosted amounts.
The APR calculation uses the rewardRate (tokens per second) and totalEffectiveSupply (tokens):
31,536,000 represents the number of seconds in one year
If the current time is at or after periodFinish, then rewardRate = 0 and APR = 0.
This formula calculates the annualized percentage yield based on the current per-second reward rate and total staked supply, expressed as a fraction of supply per year.
The multiplier is based on how long you have staked $RESOLV tokens. It only updates when you interact with the contract, like staking more or claiming rewards. New deposits may slightly lower it, as they count as newly staked.
When you stake RESOLV, it boosts your Resolv points earnings. The Points Boost percentage is calculated by dividing the USD value of your staked RESOLV by the total USD value of your point-earning activities, ranging from 0% to 100%.
stRESOLV cannot be traded directly. To trade it, you have to unstake stRESOLV to RESOLV. This can be done on the staking page.
Resolv doesn’t take any fees on unstaking.
Unstaking initializes a 14-day cooldown, after which the user manually claims tokens. New unstaking during the cooldown resets the timer for the entire amount.
Once you confirm the unstaking, you can check the remaining date to unstake your stRESOLV token at the bottom of the stake form.
After the cooldown ends, you will see a “Claim” button near the cooldown amount. Click on it to release unstaked RESOLV tokens to your wallet.
Unstaking initializes a 14-day cooldown, after which the user manually claims tokens. New unstaking during the cooldown resets the timer for the entire amount.
Resolv governance will include adjustment of protocol metrics, approval of new integrations and partnerships, allocation of grants, and protocol treasury for token buybacks. It is planned that governance stakeholders will control the allocation of incentives from partnering products.
For more details, check the .
For more details on stRESOLV point boost, check .