Staking Program

Staking

What can I stake?

Only $SYMM, no LPs purely single staking.

What do $SYMM Stakers get?

100% of all settlement fees.

Are there any Lockup periods?

No, Symmio staking works without lockups, users can stake anytime to earn rewards for the period staked and unstake at any time without loosing any rewards, or having their stake locked up for a period of time.

Are there any other forms of staking available?

Yes, there will also be actively validated services by Symmio where holders can provide their Symmio tokens for stake in order to secure the network. (e.g. the for 2025 planned decentralized Instant Trading Intent Layer), as well as LP staking.

Settlement Costs and Earnings

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.

Staking Mechanics

• 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.

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Future Updates and Technical Details

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.

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