💹Staking

Snark $SNRK holders can stake their tokens and get access several benefits:

• Sales (Private and Public IDOs)

• Governance

• Airdrops

• Higher Affiliate Earnings

$SNRK tokens can be staked into the staking page to earn rewards A portion of revenue is used to buy back and distributed to stakers.

Staked $SNRK requires 1 week time to un-stake and be claimable. Once you initiate the un-staking process, your token will be linearly unlocked over 1 weekk. During this period, there will be no yield generated and the tokens cannot be used to participate any action.

Users also have the option to instantly withdraw but it comes with a penalty of 20%. Which means Snark will take a fee representing 20% of the staked position in $SNRK token. This fee will be added to the DAO revenue, and be used to rewards the remaining stakers.

APY for staking is displayed with last week's APY and also cumulative APY (year to date). Due to many factors, the APY is indicative and will not reflect future performance.