What is Shibaverse $SHIBSINU Staking?
The Shibaverse $SHIBSINU rewards system operates on a continuous distribution model with weekly periods (or three-day periods in the future). Stakers earn rewards proportional to their stake and duration, with rewards distributed in SOL.
How Rewards Work
Core Principles
Rewards accumulate continuously (per second) throughout each distribution period. Your earned rewards are calculated based on your proportional share of the total staked tokens. For example, if you hold 10% of all staked tokens, you'll receive 10% of the distributed rewards.
Distribution Period
The current reward distribution period is set to 1 week.
During this time:
- Rewards accumulate continuously
- Stakers can join or leave at any time
- Claims can be made at any point
How to Get Your Rewards
Claiming Steps
Rewards must be manually claimed through the platform's "Claim Rewards" button.
This design choice allows users to:
- Optimize their gas costs by choosing when to claim
- Accumulate rewards over multiple periods if desired
- Review their pending rewards before claiming
Safety of Your Rewards
All unclaimed rewards are securely stored in the smart contract until claimed. There is no expiration date for claiming rewards, ensuring users never lose their earned rewards.
Freedom to Stake and Unstake
Time Requirements
The system implements a flexible staking model:
- No minimum staking period
- Users can unstake at any time
- Rewards accrue based on actual staking duration
- Partial period participation receives proportional rewards
How We Calculate Your Rewards
Formula
Your rewards are calculated using the following formula:
Your Rewards = (Your Staked Amount / Total Staked) × Period Reward × (Your Staking Time / Period Duration)
Real-World Example
Using a sample scenario:
Period Reward: 30 SOL
Period Duration: 1 week
Your Stake: 1M Shibaverse $SHIBSINU
Total Staked: 10M Shibaverse $SHIBSINU
Results:
Full week staking: (1M/10M) × 30 SOL × (7/7) = 3 SOL
Half week staking: (1M/10M) × 30 SOL × (3.5/7) = 1.5 SOL
What You Need to Know
Key Points
- Rewards are distributed in SOL, not Shibaverse $SHIBSINU tokens.
- Maintain sufficient SOL balance for transaction fees.
- Mathematical distribution ensures fairness for all participants.
How Rewards Change Over Time
As the staking pool grows:
- Individual reward shares may decrease with more participants.
- Total reward pools may increase in future periods.
- System maintains proportional fairness regardless of pool size.
Quick Withdrawal Options
Emergency Features
Emergency unstake option available for urgent withdrawals:
- Enables immediate access to staked tokens.
- Accumulated rewards up to withdrawal point are preserved.
Behind the Scenes
How We Track Rewards
The contract implements an advanced accumulator pattern that:
- Updates rewards per share on a global level.
- Maintains individual user reward debt tracking.
- Ensures mathematically precise distribution.
- Prevents reward double-counting or loss.
Saving on Transaction Fees
Flexible claiming schedule - no urgency required:
- Gas-efficient reward calculations.
- Consistent rewards regardless of claim frequency.
- Monthly claims yield same rewards as daily claims.
How We Keep Your Funds Safe
Security Measures
Staked tokens secured in program-controlled vaults:
- Separate funds controller for rewards pool.
- Governance-controlled reward rate updates.
- Protected against reward pool depletion.
Verification & Tracking
All operations recorded on-chain and verifiable:
- Real-time reward calculations.
- Public state verification capabilities.
- Publicly visible reward rates and periods.
Tips for Success
Best Ways to Stake
Regularly monitor pending rewards in the UI:
- Consider gas costs when planning claims.
- Maintain sufficient SOL
