Staking and Revenue Sharing

sTHORA and uTHORA represents the staked version of THORA. The main goal for staking is to distribute protocol revenue and ZERO rewards with stakers.

Stakers will get %100 of the protocol revenue.

Protocol revenue is generated from taking a fee based on reserve factors for different pools. The more riskier the pool is, the more fees will be generated this way.

There will be 2 different pools for staking. One of them will be sTHORA where the rewards will be used for buying THORA from the market and distributing it to sTHORA stakers.

The other will be uTHORA where the rewards will be used for buying USDC from market and distributing it to uTHORA stakers.

Reward tokens are shared with stakers on a weekly basis because of Zero epochs. First rewards will be distributed 1 week later than the protocol deployment.

When you wish to unstake, there will be 1 week delay. For example, if you staked and want to unstake in 21 November 2023, you will be able to withdraw your tokens in 28 Novermber 2023. This is a precaution for just-in-time stakers.

sTHORA features

  • Because we will be distributing $ZERO rewards, there will be 1 week lock period for sTHORA to prevent just-in-time stakers (generally bots). Other than that, there will be no lockup period for sTHORA.

  • Revenues will be distributed based on your share of total sTHORA supply. (If you have 100k sTHORA and there is total of 1M sTHORA , you'll be entitled to %10 of the rewards

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