♻️Staking

Staking on Ton Raffles Dapp is a method of providing stable passive income that allows users to earn rewards for storing and locking their tokens in special pools.

How does staking work?

Staking Pools at the heart of Staking. This is a modern tool in DeFi and a great extension of the Ton Raffles ecosystem, where users can place their assets into specific pools. These pools represent smart contracts where assets are stored safely and can be retrieved back to the wallet at any moment.

After placing assets in one of the pools, users start receiving rewards that are automatically accrued. The amount rewarded depends on one of the following two Pool Types:

• Pool with static rewards - in this case there are fixed lock-up periods and guaranteed rewards.

• Pool with dynamic rewards - in this case staking can be performed for an unlimited period of time and the rewards depend on the total value of locked-in assets (TVL), the staking period and the annual percentage rate (APY).