Staking

Ursa's Staking module

Staking on Ursa Finance allows users to lock their $URSA tokens into a staking contract. By staking their tokens, users gain staking power, which allows them to earn a portion of the protocol's revenues and potentially influence the protocol’s emissions through a weekly gauge.

Optional locking

As part of Ursa's staking module, users have the option to lock their tokens to earn additional staking power and gain the ability to participate in the Emissions Voting Gauge.

By choosing to lock their tokens for 3 months, users can increase their staking power by a factor of 1.4x.

For a 6-month lock, the staking power is doubled (2x multiplier).

It's important to note that this action is optional, and users can still participate in staking without locking their tokens.

Relocking Multiplier

Beyond the initial lock-in period, users can choose to relock their tokens at the end of an epoch to earn a further multiplier on their staking power.

The multiplier gained from relocking depends on the duration of the relock period:

• Relocking 3 months grants a 0.05x multiplier

• Relocking 6 months grants a 0.1x multiplier

These multipliers compound over time, meaning users who consistently relock their tokens, especially over 6 months, can accumulate significant staking power over time.

Revenue sharing

Each Sunday, a contract collects 70% of the reserves that have been accumulated over the past week and converts them to WBERA to distribute to stakers linearly over the following week.