Staking

Staking means locking $RHR inside the staking contract for a fixed period. While it is locked, you earn a share of the USDG that arrives for stakers, delivered second by second. Nothing is minted to pay it. Every USDG paid out was revenue that came in first.

#Pick a lock

Choose one of four lock lengths. A longer commitment earns a larger multiplier on your tokens. Your weight is the result, with an optional boost if you escrow a hood (see below):

weight = amount x multiplier x (1 + hood boost)

Rewards are shared out in proportion to weight, every second. A longer lock earns a bigger slice of the same pot. It does not make the pot bigger: if every staker picked 30 days, the total paid out would not change, only how it is divided.

Weight for 1,000 $RHR locked:

These four lengths and multipliers are written into the contract at deployment and never change.

#Escrow a hood for extra weight

A position can hold one hood NFT for the whole lock. The boost depends on the hood's tier.

The hood moves into the staking contract while the position lasts and returns to you when you withdraw. An escrowed hood still counts as yours for every perk: VIP access, the rakeback boost and the jackpot multiplier keep applying while it is escrowed, because the server counts the hood in each of your staking positions along with the hoods in your wallet.

#Where the USDG comes from

It all reaches the contract as USDG, with no swap or bridge in between. The USDG must already be inside the staking contract before a payment is announced, so the contract never advertises rewards it cannot pay. Each payment then streams out evenly over the following 7 days. Stake now and you start earning from the current stream immediately, in proportion to your weight.

#Rules of the road

• —Rewards. You can claim at any time, including while your tokens are locked. Claiming never touches the locked tokens.
• —No early exit. A lock runs to its end. Early withdrawal does not exist, not even for a fee.
• —Midnight unlocks. The end of a lock always snaps forward to 00:00 UTC. Lock at 18:00 UTC on the 1st for 3 days and the position unlocks at 00:00 UTC on the 5th.
• —Positions. Each one stands alone and holds the amount you locked. To add more, open a new position. A wallet can hold up to 32 positions.
• —Relocking. You can extend a position's lock. Extending can only move the end later, never earlier.
• —Pausing. The contract can pause new locks. Nobody can pause a claim or a withdrawal.

#What the owner cannot do

• —Withdraw staked tokens or reward tokens.
• —Renounce ownership to the zero address.
• —Pause claims or withdrawals.

#An illustration with made-up numbers

Say 700 USDG arrives for stakers at once. It streams out at 100 USDG a day for 7 days, shared by weight. If your weight were 5% of all the weight, you would earn 5 USDG a day while that stream ran. If nothing else arrived afterwards, the next stream would be zero. These numbers are invented to show the mechanism. They are not a forecast.

#No promise of returns

Stakers receive a share of revenue that actually arrived. There is no fixed rate and no projected yield, and if rake and fees dry up, so do the rewards. The staking page may show a trailing rate worked out from rewards that actually arrived. It describes the past. It is not a forecast and not a promise. Your share also shrinks when other people stake more weight. Staking is not a savings account.

The risks, in plain words:

• —Price. $RHR can fall to zero, and you cannot sell tokens that are locked.
• —Contracts. They are unaudited.
• —Revenue. Rewards depend entirely on rake and fees that arrive.
• —Dilution. More weight from others means a smaller slice for you.