What Is Staking?

Staking is a way for you to earn rewards by committing your PSQR tokens to the staking pool. When you stake your tokens, they are locked for a specific period, during which you earn rewards in PSQR. This process supports the token’s ecosystem by encouraging long-term holding and participation.

How to Stake PSQR

  1. Connect Your Wallet:
    • Make sure you have a compatible wallet with PSQR tokens available (e.g., Phantom or Solflare).
    • Connect your wallet to the staking platform.
  2. Choose Your Staking Duration:
    • Select the staking duration that suits you:
      • 1 week: Base rewards with a 1x multiplier.
      • 2 months: Enhanced rewards with a 2x multiplier.
    • Remember, the longer the staking duration, the higher your potential rewards.
  3. Stake Your Tokens:
    • Enter the amount of PSQR you want to stake.
    • Confirm your staking transaction in your wallet.
  4. Earn Rewards:
    • Your staked tokens will earn rewards daily based on the staking duration and multiplier.
  5. Unstake Tokens:
    • Once the staking duration ends, your staked tokens and rewards will be available for withdrawal.
    • You cannot unstake your tokens before the selected duration ends.
  6. Let’s Start Staking
Important Notes
  • Rewards Pool Limit:
    • The staking rewards are funded by a limited pool of PSQR tokens. If the pool runs out of tokens, rewards will stop accruing.
    • As the pool creator, we reserve the right to cancel the staking program if the reward pool is depleted or for any other reason.
  • Transparency in Cancellations:
    • If the staking program is canceled, all staked tokens will remain locked until the chosen staking durations end. You will still be able to claim rewards accrued before cancellation.
  • Why Stake PSQR?
    • Earn rewards while holding PSQR.
    • Support the growth of the PSQR ecosystem.
    • Benefit from higher rewards with longer staking durations.

If you have questions about staking or need assistance, feel free to reach out to our team!