🔓Single Sided Staking

Our staking mechanism offers a robust and rewarding experience for users within the SHEZMU ecosystem. By locking their SHEZMU tokens for fixed periods, users receive veSHEZMU tokens and Liquidity Provider (LP) distributions. These LP distributions can then be staked to earn oSHEZMU tokens and ETH rewards, providing multiple layers of incentives and benefits for participants.

Staking Periods

Users have the option to lock their SHEZMU tokens for one of the following durations:

1. 3 Months

2. 6 Months

3. 1 Year

4. 4 Years

The rewards scale with the length of the locking period, encouraging long-term participation and contributing to the stability and growth of the SHEZMU ecosystem.

veSHEZMU Tokens

Upon locking their SHEZMU tokens, users are issued veSHEZMU (voting escrowed SHEZMU) tokens. The amount of veSHEZMU received correlates with the staked amount and the duration of the lock period. veSHEZMU tokens offer several advantages:

- Governance Participation: Holders of veSHEZMU tokens gain voting rights within the SHEZMU ecosystem, enabling them to influence key decisions and governance proposals.

- Boosted Yield: veSHEZMU tokens provide a boost to the rewards, with longer lock periods yielding higher veSHEZMU amounts, thereby aligning incentives with long-term commitment.

LP Distributions

In addition to veSHEZMU tokens, users receive LP distributions for locking their SHEZMU tokens. These distributions are a share of the liquidity pool, representing a portion of the trading fees and other income generated by the ecosystem.

Staking LP for Additional Rewards

The received LP distributions can be further staked to unlock additional benefits:

- oSHEZMU Tokens: By staking their LP distributions, users can earn oSHEZMU tokens, which provide additional utility and rewards within the ecosystem.

- ETH Rewards: Staking LP distributions also entitles users to ETH rewards, offering a direct and valuable return on their participation.

Summary

The staking mechanism is designed to maximize user engagement and reward long-term commitment within the SHEZMU ecosystem. By locking SHEZMU tokens, users earn veSHEZMU tokens and LP distributions, both of which can be further leveraged to enhance their rewards. This multi-layered approach not only incentivizes sustained participation but also fosters a robust and dynamic community, contributing to the overall growth and success of the SHEZMU platform.