Staking
With Moonbags, not only creators but also token holders benefit from the ecosystem.
Last updated
With Moonbags, not only creators but also token holders benefit from the ecosystem.
Last updated
Moonbags offers a staking mechanism for all created tokens, whether they have not yet completed the Bonding Curve or have already completed the Bonding Curve phase and are listed on Cetus.
30% of trading fees in SUI are distributed to stakers of that token.
These trading fee rewards are allocated proportionally based on each holder’s staked amount.
When you stake tokens on Moonbags, your staked amount will be locked for 1 hour. After that, you can unstake your tokens and claim rewards at any time.
On the token pair page, you’ll find a “Distribute” button. Anyone can click this button to trigger the distribution of rewards to all stakers.
The amount you receive depends on how much you’ve staked, and all rewards are sent directly to your connected wallet.
According to our calculations, with this fee-sharing model, the estimated APY will be around 20-30%, depending on each token.
This system not only provides a strong source of passive income for token holders but also serves as an incentive for long-term holding, ensuring the sustainability of projects rather than just encouraging short-term buy-and-sell speculation.
