Prime Staking

Prime staking offers a 15% APR return on staked $TOKE.

Prime Staking provides a fixed 15% annual percentage rate (APR) on your staked $TOKE tokens. This staking pool is capped at 20% of the total $TOKE circulating supply and is enforced through on-chain smart contracts for transparency and security.

When you deposit $TOKE into Prime Staking, you receive $STOKE tokens in return. This process is known as liquid staking, which allows you to maintain liquidity while earning rewards.

Key Features

  • 1:1 Exchange Rate: The staking contract maintains a constant 1:1 exchange rate between $TOKE and $STOKE. You can always redeem 1 $STOKE for 1 $TOKE and vice versa.

  • Dynamic Pool Size: The availability of $STOKE is directly linked to the circulating supply of $TOKE. As more $TOKE enters circulation through the vesting schedule, more $STOKE becomes available, allowing the Prime Staking pool to grow proportionally.

$STOKE Policy ID:

bea9c296e7de1ad91f85f52350a904c2940770598004e4d62a07a578

Reward Calculation

Daily snapshots are taken at 12:00 AM UTC. $STOKE holders earn rewards at a 15% annualized rate, paid in ADA (Other currencies may be will be used for payouts in the future).

Calculation Formula:

Daily Reward = Amount of $STOKE × Current $TOKE Price in ADA x (15% ÷ 365)

Example Calculation:

  • $STOKE Holdings: 50,000

  • Current $TOKE Price: 0.042 ADA

  • Daily Reward: 50,000 × 0.042 x (15% ÷ 365)= 0.863 ADA per day

  • Monthly Earnings: ~26.25 ADA

  • Annual Earnings: ~315 ADA

Additional Examples:

$STOKE Amount

$TOKE Price (ADA)

Daily Reward

Monthly Reward

Annual Reward

10,000

0.035

0.144 ADA

4.375 ADA

52.5 ADA

100,000

0.050

2.055 ADA

62.5 ADA

750 ADA

250,000

0.030

3.424 ADA

93.75 ADA

1,125 ADA

Rewards are credited to the staking address associated with your wallet holding $STOKE.

Claiming Rewards

  • Accrual: Rewards accumulate daily based on your $STOKE holdings

  • Availability: Rewards become claimable monthly during the first week of each month

  • Access: View your accrued and claimable amounts in the Tokeo mobile app

  • Process: Claims are processed on-chain for full transparency

  • A minimum of 5 ADA accumulated in rewards is required to claim

How to Stake to Prime Pool

Step-by-Step Process:

  1. Download Tokeo: Available on both iOS and Android App stores

  2. Set Up Your Wallet: Ensure you have a Cardano-compatible wallet connected

  3. Acquire $TOKE: Purchase or transfer $TOKE tokens to your wallet

  4. Navigate to the Rewards tab and open the 'Earn' section

  5. Select Prime Staking: Choose your staking amount and confirm the transaction

  6. Receive $STOKE: Your liquid staking tokens will appear in your wallet immediately

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