Staking SHR0
Last updated
Last updated
Step 1: You can easily stake tokens on Moonbags by clicking the "Manage" button on the Stake & Earn Page.
Step 2: Then choose the amount of SHR0 you want to stake. 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.
When staking SHR0—Moonbag's native token—you can earn from the trading volume of other tokens.
You can request Moonbag to distribute fees as staking rewards for both stakers and creators by clicking Distribute. There are two ways to do it:
Click Distribute on the detailed trading page, then go to Manage and click Claim to receive your rewards.
Or, go directly to Manage → Distribute → Claim.
Once claimed, the rewards will be sent straight to your connected wallet on Moonbags.
20% of trading fees in SUI are distributed to SHR0's stakers. The amount you receive depends on how much you’ve staked, and all rewards are sent directly to your connected wallet.