Staking Program
Last updated
Last updated
Whenever a trade is settled through the Symmio platform, the initiating party (referred to as “Party A”) pays a settlement cost. This fee is one of the primary revenue streams for the network. After covering all associated expenses and profit shares for involved exchanges and market makers, a significant portion of these fees—referred to as the “platform fee”—is distributed to $SYMM stakers.
No Lock-Up Periods: Stakers can add or remove their $SYMM tokens at any time.
Continuous Rewards: Fees are accrued in stablecoins and are distributed on a rolling seven-day cycle.
Fair Distribution: Rewards are allocated based on the proportion of $SYMM tokens you have staked relative to the total amount staked.
We are currently preparing the staking contract and fee distribution mechanisms. Technical specifications, smart contract addresses, and exact distribution parameters will be shared as they are finalized.
Stay tuned for updates, code snippets, and detailed parameters in subsequent releases.
Join Our Community:
Stay Updated:
Symmio Forum:
Discord:
Twitter:
Medium:
