What is PARK staking?
PARK staking lets you lock your unlocked PARK tokens on EarnPark and earn PARK rewards over time.
Staking is designed for users who want to keep their PARK on the platform and receive additional rewards for long-term participation in the EarnPark ecosystem.
PARK staking is an EarnPark strategy. It is not a separate smart contract and does not require any on-chain transaction from the user.
Staking rewards
PARK staking rewards are paid in PARK and accrue daily.
The maximum staking rate is shown as up to 20% monthly yield, which equals up to 240% APR before compounding.
On the platform, you may also see the rate displayed as APY. APY includes the effect of daily compounding, which is why the APY number can look significantly higher than the monthly yield or APR.
In simple terms:
Monthly yield shows the maximum reward rate for one month.
APR shows the yearly rate before compounding.
APY shows the yearly rate with compounding included.
The staking rate is dynamic. It depends on the total amount of PARK staked by all users.
When the total staked pool is smaller, the available staking rate can be higher. As more PARK is staked by users and the pool grows, the staking rate may decrease.
The current rate is always shown on the PARK Staking page before you stake.
Who can stake PARK?
Any user who has unlocked PARK available in their EarnPark account.
Locked or still-vesting PARK cannot be staked until it becomes unlocked and available.
How to stake PARK?
Open your EarnPark account.
Select PARK.
Open the PARK Staking tab.
Click Stake.
Enter the amount of unlocked PARK in your wallet you want to stake.
Confirm the action.
Once confirmed, your PARK starts earning staking rewards.
Only unlocked PARK tokens can be used for staking.
Please use the Vesting Portal to claim your PARK according to the vesting schedule.
When do staking rewards start?
Rewards start accruing after your PARK is staked.
PARK staking rewards accrue daily and are added with compounding.
How is the staking APY calculated?
PARK staking APY is dynamic.
The rate depends on several factors, including:
the total amount of PARK staked by all users;
the monthly PARK reward amount configured for the staking pool;
the maximum APY cap.
When the total staked pool is smaller, the available APY can be higher. As more users join and the pool grows, the APY may decrease.
The current rate is always shown on the PARK Staking page.
Why do early stakers get a higher rate?
Early stakers may receive the highest available APY because the total staked pool is still smaller.
As more PARK is staked by other users, the reward pool is shared across a larger amount of tokens, which can reduce the APY.
What PARK tokens can I stake?
Only unlocked PARK tokens can be staked.
If your PARK is still vesting, you need to wait until it unlocks before staking it.
Can I unstake my PARK?
Yes. You can request to unstake your PARK.
After you submit an unstake request, a 30-day bonding period applies before the tokens become available again.
What is the bonding period?
The bonding period is the waiting period between your unstake request and the moment your PARK becomes available again.
For PARK staking, the bonding period is 30 days.
During this time, the unstaked amount is being released from the staking strategy.
Do I earn rewards during the bonding period?
Yes, but at a reduced rate.
During the 30-day bonding period, rewards continue to accrue at 50% of the regular staking rate on the amount being unstaked.
Can I cancel an unstake request?
Yes, but only during the cancellation window.
For PARK staking, the cancellation window is the first 1 day after the unstake request.
After the cancellation window ends, the unstake request can no longer be cancelled.
What happens after the bonding period ends?
Once the 30-day bonding period ends, your PARK is released automatically and becomes available in your EarnPark balance.
Can I trade PARK after staking it?
You cannot trade PARK while it is staked.
To trade it, you first need to unstake it and wait until the 30-day bonding period is completed.
Can I stake PARK again after unstaking?
Yes. Once your PARK is available in your balance again, you can stake it again at any time.
The available rate will be the current rate shown on the PARK Staking page at that moment.
Is PARK staking connected to other EarnPark strategies?
PARK staking is separate from other EarnPark strategies.
You can stake PARK independently from your other deposits and strategies on EarnPark.