WON Staking Rewards

Stake NFT, Earn WON

When you stake WON, you also earn additional WON on top of the trading fee rewards received in BNB. Staked WON tokens are auto-compounded for users that wish to just leave their WON tokens staked.

How many WON tokens are allocated to WON stakers?​

WON staking rewards will be earned over 4 phases with differing reward rates, based on a schedule of 6,500 Ethereum blocks per day.

Phase	Length	WON Per Block	WON Per Day
A	195,000 blocks (30 days)	189.00 WON	1,228,500.00
B	585,000 blocks (90 days)	89.775 WON	583,537.50
C	1,560,000 blocks (240 days)	35.4375 WON	230,343.75
D	2,346,250 blocks (361 days)	18.90 WON	122,850.00

How are the WON rewards calculated?​

User A’s WON staking rewards per block are calculated by:

$$\frac{\text{WONstaked by User A}} {\text{Total amount of staked WON}} \times \text{WON per block}Total amount of staked WONWON staked by User A​×WON per block$$

Example

• User A stakes 10,000 WON during Phase A

• The total amount of staked WON is now 1,000,000 WON

Based on the above, User A would receive:

$$\frac{10,000}{1,000,000} \times 189 = 1.89 \text{ WON per block.}1,000,00010,000​×189=1.89 WON per block.$$

What does auto-compounding mean?​

Pending rewards are often required to be manually staked by users to increase their share of staked tokens. However this wastes both gas and opportunity cost. As such, WonderfulDay has enabled auto-compounding for all users that stake WON. This means that WON rewards received from the staked WON balance are automatically re-staked into the pool (or compounded) to increase the amount of WON staked.

When users unstake their WON tokens, the amount of compounded rewards and the original staked amount will be withdrawn to the user’s wallet.