💰FEG Staking

FEG Staking is currently LIVE!

Unparalleled Passive Income Possibilities

FEG Staking is a protocol that allows FEG token holders to stake their tokens and earn rewards from the entire FEG ecosystem on that chain, with the potential for significant gains over time.

Features of staking contract

Zero fees

No deposit or withdrawal fees for staking your FEG, it's free

No lock-in periods

FEG allows you to stake and unstake at anytime, total freedom

Automatic compounding

Your rewards get auto distributed & compounded to gain even more over time

Upgradeable

The contract requires no action from users when staking contract gets upgraded

Staking rewards sources

One of the standout features of SmartDeFi Staking Protocol for FEG is that stakers can reap the rewards from FEG and ALL projects utilizing the SmartDeFi staking protocol on that chain. This unique advantage opens doors to diverse income streams, generating rewards from hundreds of projects launched via the SmartDeFi Launchpad, where that income gets converted to FEG and added to the user's total pool of FEG staking rewards.

What is FST

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After staking, your FEG tokens will be deposited into the staking contract and in return you will get something called "FEG Staking" (FST). These are shares represent your ownership in the staking pool. Think of FST as a receipt from the system to confirm you have staked successfully. You will need to show this receipt to the system so it can let you unstake.

  • FST is not a 1:1 ratio

  • FST number does not increase with rewards

  • Total FST / Total FEG = Ratio

  • It is impossible to transfer FST to another wallet

Non-FEG Rewards

Non-FEG rewards refer to wBNB/wETH rewards from FTW and Aggregator and various SD tokens from every SmartDeFi project that will launch and activate their staking system. You could end up with tokens from hundreds or thousands of different SmartDeFi projects, whose value could very well skyrocket in the coming years, depending on their popularity.

Rewards distribution Non-FEG rewards are given in rounds and subject to a certain accumulation threshold. Developers can modify the accumulation threshold for each of the rewards. For example, if 1 wBNB is the threshold, rewards disburse when the reward pool is above 1 wBNB.

Claiming triggers Non-FEG rewards can be claimed in three ways: - Staking and Unstaking any amount of FEG - Using the "Claim Reward" option - Using the "Claim All" option

Unstaking or adding to staking within the first 30 days after your initial staking will result in a 50% loss of your non-FEG rewards. The forfeited rewards will then be distributed among other stakeholders.

Optional FEG "Sacrifice"

The sacrifice feature was introduced in the new Staking contract per community request for those who wish to help with the burn efforts and decrease the circulating token supply.

Stakers can choose to voluntarily burn a specified percentage of their FEG rewards when unstaking, thus essentially permanently removing these tokens from the circulating supply.

To activate this feature you must specify the percentage to sacrifice.

At any point before unstaking, you can turn off the sacrifice by setting it to 0%

Platform Expansion

  • Currently available on Ethereum, BNB and BASE blockchains

  • The team plans to expand the sources of income for FEG investors by expanding to several new EVM based blockchains in the near future

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