Staking Token

How to stake Token on Moonbags

Step 1: You can easily stake tokens on Moonbags by clicking the "Manage" button on the "Staking" page, in the Token Staking section or "Trading Detail" page.

Step 2: Then choose the amount of tokens 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.

How to claim a token's reward on Moonbags.

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.

35% of trading fees in SUI are distributed to the token's stakers. The amount you receive depends on how much you’ve staked, and all rewards are sent directly to your connected wallet.

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.