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Staking

Stake P2P, Earn P2P + Fees​

The Joint Protocol features a staking program where you can stake your P2P token and get an additional P2P token, and that’s not all! When you stake, you also get a portion of every fee the protocol earns from trade.

Fee Rewards​

The Joint Protocol collects a small fee from every completed trade; Most of the fees are transferred to a special smart contract from where it is distributed to stakers in proportion to their stake amount - the more stake a user has, the more fee reward they can claim.

How many tokens are allocated to P2P stakers?​

10% (100,000,000) of the initial supply is allotted for staking pools. The allocation will be split equally and deposited into the staking contracts of 4 launch networks. The allocation is designed to last for 720 days; 138,888 P2P will be released each day.

What happens when the allocation runs out?​

When the allocation is exhausted, no more P2P tokens will be allocated. However, fee rewards will continue to be allocated to those still staked. If a staker removes their stake, they will no longer get a share of the fee rewards.

How is reward calculated?​

Formula:

(x / y) (a / b) c

Where:

  • x: User A P2P token balance
  • y: Total P2P token balance
  • a: Total P2P reward
  • b: Program duration (in seconds)
  • c: User A stake duration (in seconds)

Example:

  • Supposing program duration is two (2) days (172800 seconds);
  • and the total reward is 1000 P2P
  • and the total P2P token stake is 100 P2P
  • User A has a stake of 50 P2P on day 2 of the program (86400 seconds).

User A’s reward is 250 P2P:

(50/100) (1000/172800) 86400 = 250