Staking TST isn't just about participating in governance – it's your gateway to a world of substantial rewards and benefits. As TheStandard protocol grows, so does the potential for stakers to reap impressive returns. Let's dive into the exciting sources of staking rewards that make TST a powerhouse in the DeFi space!
All fees taken through the entire protocol get sent to the TST staking pool and distributed to the stakers. If you hold 5% of the pool then you will receive 5% of all fees collected globally.
Bellow are the revenue streams that are collected
Everytime someone mints a new debt they pay a minting fee of 0.5 - 5% . This is a variable fee that is sometimes high and sometimes low. Designed to slow borrowing by being able to wrench it up when needed.
The Fee is taken as USDs and added to the debt, so if someone mints a 1000 USDs debt then they will owe $1,010. That extra 10 USDs gets dropped into the staking pool.
As lending volume grows, so do your rewards!
Everyone that places collateral into the yield pool will pay 1% of that collateral as a fee when they withdraw from the yield pool. So if a user places $10,000 worth of ETH into the yield pool and after a year they have $12,000 and choose to withdraw from the yield pool you will pay $120 worth of ETH to TST stakers. When billions of dollars are placed into TheStandard, this will be a substantial reward.
When a user has collateral in their smart vault not earning a yield but simply sitting in the smart vault, users can choose to trade their collateral to another asset without closing their debt.
Capture a portion of the fees from in-protocol asset swaps and trades
High trading volume could lead to significant rewards for stakers
Participate in the liquidation process and earn fees from liquidated positions
This could be a major source of rewards during volatile market conditions
As TheStandard expands to multiple chains, earn from cross-chain transaction fees
The growth of cross-chain DeFi could drive massive fee generation
The beauty of TheStandard's reward system lies in its potential for exponential growth:
As more users join the protocol, more fees are generated
Increased fees attract more stakers, further securing the network
A more secure network attracts more users, creating a virtuous cycle of growth
This compounding effect could lead to staking rewards that outpace traditional yield-generating assets!
Stakers may receive preferential collateralization ratios, allowing you to borrow more against your assets
Enjoy reduced fees on various protocol actions, increasing your overall returns
Be among the first to try out new protocol features and products
Shape the future of TheStandard with enhanced voting power on crucial decisions
As TheStandard continues to innovate and expand, the potential for staking rewards is truly exciting. With multiple revenue streams, compounding growth mechanics, and additional benefits, TST staking stands poised to offer some of the most attractive returns in the DeFi space.
Remember, the earlier you stake, the more you stand to gain as the protocol grows. Don't miss out on this opportunity to be part of something massive!
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