Staking

The power of compound interest

Venom has developed a staking smart contract compatible with our token smart contract. In addition to the ecosystem reserves allocated to the staking pool, the pool also receives reflections from the token smart contract.

The pool has a distributor and is capable of distributing those reflections to the owners of staked tokens according to the amount they have staked.

This innovation enhances the rewards system so that holders are not missing out on reflections by participating in the staking pool.

Holders can manage their participation of the staking pool via the Venom Staking dAPP (V-dAPP).