Staking
Overview
In the realm of cryptocurrency, staking refers to "locking up" digital assets or serving as a validator within a decentralized network. It stands as the cornerstone for accruing value within numerous DeFi protocols. At Guardian , participants can stake their $GUARD tokens through our dedicated dApp using Staking feature to earn rewards. These rewards stem from the proceeds of bond sales and are influenced by both the volume of $GUARD staked and the dynamically set reward rate guided by our algorithmic monetary policy.
Staking Process
When you engage using staking feature, you will:
Deposit $GUARD or $bGUARD and receive an equivalent amount of $sGUARD .
Earn rewards in $GUARD , claimable at the close of each epoch (every 6 hours).
Depositing either $GUARD or $bGUARD incurs no deposit fees.
Getting started is straightforward:
Visit the Guardian website and click on “Staking.”
Decide your redeem preference for your $sGUARD , whether at the Real-Time Market Price or a Fixed Rate.
Transfer your $GUARD or $bGUARD to the Staking contract and receive $sGUARD on a 1:1 basis.
Unstake
To Unstake, you should:
Navigate to "your tickets" on our website, choose the specific ticket, and specify the amount you want to Unstake.
Unstake incurs a minor withdrawal tax of 5% as an exit fee.
Withdrawals of $bGUARD are not subjected to this fee.
Redeem
To Redeem your staked $GUARD ($sGUARD) either at the Real-Time Market Price or a Fixed Rate. The redemption unlocks proportionally to your staking amount, with about 3.57% of your deposit becoming available each epoch. Redeem transactions bypass sell taxes, and 100% of $GUARD and $bGUARD tokens redeemed are permanently burned, enhancing buy pressure and reducing sell pressure.
The Importance of Redemption
Redemption is a critical feature for adding value to $GUARD . After a designated staking period, you can redeem your $GUARD directly, circumventing the market and accessing its true value at current prices. This feature is crucial for the protocol’s sustainability, as redeemed $GUARD for $wS are definitively burned.
Conclusion
Staking feature in Guardian equitably distributes profits among participants. Through $sGUARD, each participant earns a consistent percentage of profit per epoch, allowing for the compounding of yields without the need for active management—simply hold and benefit from automatic rebasing.
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