STON staking looks simple at first glance: deposit tokens, get a reward. But inside the platform this process goes through several stages, and each has a specific mechanic behind it.



It all starts with a deposit. You go to the staking section, enter the amount of STON, and confirm the transaction. The tokens are locked in a smart contract. From this moment you become a participant in the system and start receiving GEMSTON. These are reward tokens given for the very fact of staking.

Then ARKENSTON comes into play. It is not given separately but converted from GEMSTON. The mechanic is set up so that the amount of ARKENSTON depends on two parameters: the volume of staked STON and the lock period. The more tokens and the longer they sit, the higher your indicator.

ARKENSTON is a governance token. It gives voting rights in DAO, and the weight of that vote is directly proportional to the amount of ARKENSTON on your account. If you staked little and briefly, your vote will be symbolic. If you hold a large volume for months, your influence becomes tangible.

GEMSTON can be swapped at any time. ARKENSTON cannot be swapped, it exists only as a marker of your participation. If you withdraw STON from staking, ARKENSTON burns.

$GRAM
GRAM-1.85%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned