💼Staking Guide
Last updated
Last updated
Staking on SidusPad allows users to earn passive income, i.e. regular rewards, without actively trading or managing the locked sum. It also offers lower risk compared to trading. However, most importantly, Staking on SidusPad allows users to participate in IDOs and other events on the Launchpad.
Based on the staked amount, each user is assigned a Tier. There are six Tiers in total, each with its minimal staking requirement.
The Top 3 Tiers, i.e., Ruby, Emerald, and Diamond, give access to exclusive opportunities, such as participation in Private Rounds as well as the Guaranteed Allocation events, higher IDO allocations, etc.
Watch the SIDUS Staking Video Guide for an easy step-by-step.
There are several SIDUS Staking pools currently available.
As seen in the table above, most are active on both Linea and Ethereum, offering users the flexibility to choose their preferred network. While Linea offers lower gas fees, as well as higher transaction throughput, Ethereum boasts wider adoption and higher liquidity.
The Tier Boost is a unique feature that increases your current Tier level and, by extension, future IDO allocations by the exact percentage defined by each new Staking pool. For instance, if you stake 20,000 SIDUS tokens in the Annual Pool, you'll automatically qualify for the Topaz Tier and not the Amethyst Tier, despite the 30,000 SIDUS threshold due to receiving a 50% “Tier Boost” bonus. Your 20,000 SIDUS Staking amount will count as 30,000 SIDUS - which is the minimum staking requirement for the Topaz Tier. Thus, the feature gives users the unique opportunity to qualify for events accessible to the Top 3 Tiers, while staking a smaller sum.
Please Note: The Tier Boost feature does not affect your APR.
