Staking
Nemesis Staking
Welcome to the Nemesis Staking system, the final and most crucial component of our value-creation flywheel. This is more than just a way to earn rewards; it's a powerful mechanism designed to benefit every long-term $NEMESIS holder.
Our custom-built staking contract is engineered to achieve three key objectives:
Reduce Circulating Supply: By locking up tokens, we decrease the available supply on the open market.
Create Constant Buy Pressure: Our unique rewards mechanism continuously buys $NEMESIS from the market, creating sustained demand.
Reward Our Community: Stakers are directly rewarded with the value generated by the entire Nemesis ecosystem.
This is the cherry on top of our flywheel, ensuring that the success of our strategies is channeled directly back to our most committed supporters.
How It Works: The Core Mechanics
Staking & Rewards
Staking Token: The system is exclusive to our native token. Only $NEMESIS can be staked.
Reward Token: All rewards are paid out in $NEMESIS. We believe in the strength of our own token, and so should our stakers.
Claiming Rewards: You have full control. Accumulated rewards can be claimed at any time without affecting your staked principal.
The Unstaking Process
To ensure the stability of the system, an unstaking process is in place.
Unstaking Period: There is a 15-day unstaking period from the moment you initiate the withdrawal.
Reward Eligibility: Please note that once the unstaking process begins, that portion of your tokens will no longer be eligible for rewards during the 15-day timeframe.
The Reward Engine: A Perpetual Buy-Machine
The rewards for stakers are not generated from inflation. They come from the real, sustainable yield produced by the Nemesis ecosystem.
This is not a one-time event. The process is designed to be a perpetual cycle:
Yield Generation: We capture the yield from our veAERO position.
Market Buy-Back: We take this yield and use it to buy $NEMESIS directly from the open market.
Distribution: These newly purchased $NEMESIS tokens are then deposited into the staking contract to be distributed as rewards to you.
This creates a powerful, self-reinforcing loop. Every epoch, the system generates more yield, which in turn creates more buy pressure for $NEMESIS and funnels more value directly to our stakers.
Understanding APY & Reward Distribution
The Annual Percentage Yield (APY) is dynamic and directly reflects the performance of our ecosystem.
How Rewards Are Distributed
Rewards are distributed proportionally based on your share of the total staking pool. The more you stake, the larger your piece of the reward pie.
Here’s a simple example:
The total reward pool for the period is 1,000 $NEMESIS.
The total amount of tokens staked by all users is 10,000 $NEMESIS.
Staker
Amount Staked
Pool Share
Reward Received
Staker A
5,000 $NEMESIS
50%
500 $NEMESIS
Staker B
2,500 $NEMESIS
25%
250 $NEMESIS
Staker C
2,500 $NEMESIS
25%
250 $NEMESIS
The APY displayed in the interface will be a projection based on these periodic reward distributions.
Frequently Asked Questions (FAQ)
Q: Can I stake any token other than $NEMESIS? A: No, the staking system is exclusively for the $NEMESIS token.
Q: Where do the rewards come from? A: Rewards are funded by the real yield generated from our veAERO positions. We use these profits to buy $NEMESIS on the market and distribute it to stakers.
Q: Do I still earn rewards during the 15-day unstaking period? A: No. Once you initiate the unstake process for a portion of your tokens, those tokens will not earn rewards during the 15-day waiting period.
Q: Can I claim my rewards without unstaking? A: Yes, the claim process is completely separate. You can claim your accumulated rewards at any time without touching your staked principal.
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