📈Staking
Differs from traditional staking where participants support the network's security and operations, so think of it as "Fee Sharing" or "Revenue Sharing".
Discover an exciting opportunity for $SIGIL holders to participate in revenue sharing and effortlessly accumulate more $SIGIL tokens by claiming a portion of transaction fees generated on the Sigil Finance platform.
How does it work?
Experience the thrill of passive income with every transaction on the Sigil Finance platform, as Wrapped Ethereum tokens are sent to our fee handler contract. All platform fees are equally divided in half, with one half being converted to $SIGIL and distributed among stakers, while the other half supports the operational expenses of the Project.
Join the action by depositing $SIGIL into the revenue sharing contract.
How do I stake?
Sigil Tokens can be staked via the Staking Page on the Sigil Dapp. Connect your metamask wallet and select the number of tokens you wish to stake.
After depositing $SIGIL into the staking contract, stakes are locked away for at least 60 days. Stakers can keep their tokens locked away for as long as they wish, but will only be able to collect a maximum of 120 days of fees. Any fees that have not been collected after 120 days will be burned.
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