Candy Staking
🍠Welcome to the Sweetest Stake Ever! đźŤ
This is not yet live !!! Roadmap says Q1 2026, but who knows? The description is not yet fixed in jelly, this can change while development is ongoing. A preview can be found on https://app-dev.snoppits.com/earn/staking
💖 Stake on the Snoppits dApp, relax, and watch your rewards pile up. It’s like filling your candy jar with endless candies, one SNP at a time!
Overview
Base APR: 6% on staked SNP tokens.
No lockups: stake, unstake, claim, or exit anytime.
Rewards accrue continuously while you’re staked.
Candy staking contract
Boosted Rewards: Secret Sugar Rush
From time to time, Snoppits may launch limited “boost” periods with a higher APR
New staking is paused during a boost. This keeps the extra sweetness for existing, loyal stakers.
Unstake, claim, and exit remain fully available.
Boost timings are a secret known only to the owner—loyal or lucky stakers enjoy the sugar rush.
How Rewards Accrue
Rewards are calculated over time on your staked amount at the applicable APR.
Any action that pays out rewards (unstake, claim, exit) includes everything accrued up to that exact moment.
You can re-stake after claiming if you want the candy jar to keep filling (manual compounding).
Sweet actions
Stake: Move your SNP into the jar to start earning sweetness.
Unstake: Withdraw any amount you choose; you’ll also receive all rewards earned up to that moment.
Claim: Collect all rewards so far without touching your staked amount—like taking a candy from the jar without moving the rest.
Exit: Scoop everything out at once—your full staked balance plus all earned rewards.
Quick Examples
Daily Nibble: Keep staking, claim rewards occasionally to taste the sweetness while staying invested.
Clean Break: Exit to take out everything—principal and all earned rewards—in one go.
Loyal Lollipop: Stay staked to be ready for surprise boosts; new deposits can’t join during a boost, but you can still claim or exit.
Frequently Asked Questions (FAQ)
What token can I stake?
SNP tokens.
When do rewards start?
Rewards start accruing as soon as your stake is confirmed.
Can I stake during a boost?
No. New staking is paused during boosted periods to reward existing stakers.
Can I claim or exit during a boost?
Yes. You can claim rewards, partially unstake, or fully exit at any time.
What happens when I partially unstake?
You receive the amount you unstake plus all rewards accrued up to that moment. Any remaining stake keeps earning.
Do rewards auto-compound?
No. Rewards don’t auto-compound. To compound, claim your rewards and re-stake them.
How are rewards calculated if the rate changes for a boost?
Rewards are accrued based on time at each rate: base APR before/after the boost and the higher APR during the boost window.
Is there a minimum or maximum stake?
There’s no specific protocol minimum or maximum noted here. Network fees and wallet limits may apply.
Are there any fees?
Network transaction fees may apply. Any platform-specific fees would be disclosed in your app interface or documentation.
What if I miss a boost period?
You continue earning at the base APR. Only users already staked when a boost begins enjoy the higher rate.
Can I re-stake immediately after claiming?
Yes. Claiming doesn’t change your staked balance; you can re-stake claimed rewards anytime.
Where do I see my balances and rewards?
In your platform’s dashboard or wallet interface connected to Candy Staking.
Risks and Considerations
Token Price Volatility
The value of SNP may rise or fall; reward tokens can be worth more or less over time.
Contract/Implementation Risk
As with any on-chain or automated system, unexpected behavior or bugs can occur.
Admin/Control Risk
The owner controls boost schedules. Boosts are intentionally unannounced; you must already be staked to benefit.
Liquidity and Timing
You can unstake anytime, but network conditions or congestion may affect transaction timing and costs.
APR Variability
The base APR is 6%. Boost periods temporarily increase APR for existing stakers; your realized return depends on timing and actions.
Operational Risk
UI downtime, wallet issues, or connectivity problems may delay interactions.
Personal Responsibility
Double-check addresses, amounts, and actions before confirming transactions. Keep your credentials and recovery methods secure.
Tax and Accounting
Rewards may have tax implications depending on your location. Consider consulting a qualified professional.
Glossary
Stake: Deposit SNP to start earning rewards.
Unstake: Withdraw some of your staked SNP and receive accrued rewards up to that moment.
Claim: Harvest rewards without changing your staked amount.
Exit: Withdraw your entire stake and all rewards in one transaction.
APR: Annual Percentage Rate—your rate of reward accrual, not accounting for compounding unless you manually re-stake.
Boost: A secret, time-limited period with a higher APR. New staking is paused; other actions remain available.
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