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Staking PSILO for MDAO

Learn how to stake PSILO tokens to earn MDAO governance tokens and participate in DAO decision-making.

🎯 What is Staking?​

Staking is locking our PSILO tokens in a smart contract to earn MDAO rewards.

How it works:

  1. You deposit PSILO into staking contract
  2. PSILO is locked (can't transfer while staked)
  3. You earn MDAO tokens over time
  4. we can unstake anytime (get PSILO back)
  5. MDAO gives you voting power in the DAO

Example:

  • Stake: 10,000 PSILO
  • Base rate: 0.1 MDAO per PSILO per year
  • Time multiplier: 2x (held 1+ year)
  • Annual earnings: 2,000 MDAO
  • APY: 20% in MDAO

🎯 Why Stake PSILO?​

Benefits​

✅ Earn MDAO:

  • Governance tokens
  • Voting power
  • Influence protocol decisions

✅ Time Multiplier:

  • Longer you stake = higher rewards
  • Up to 5x multiplier
  • Rewards patience

✅ Support the Project:

  • Reduces circulating supply
  • Shows long-term commitment
  • Aligns incentives

✅ Passive Income:

  • Earn while you sleep
  • Compounding possible
  • No active management

Risks​

⚠️ Locked Tokens:

  • Can't sell while staked
  • Must unstake first
  • Price could drop

⚠️ Opportunity Cost:

  • Could use PSILO elsewhere
  • Liquidity provision might earn more
  • Trading opportunities missed

⚠️ MDAO Price Risk:

  • MDAO value can fluctuate
  • APY in MDAO, not USD
  • No guaranteed dollar value

📋 Prerequisites​

Before staking:

  • ✅ PSILO Tokens - In our wallet
  • ✅ ETH for Gas - ~0.005 ETH for transactions
  • ✅ Long-term Mindset - Best for patient holders
  • ✅ Understanding of Risks - Know what you're doing

🔒 Step-by-Step Staking Guide​

Step 1: Access Staking Interface​

  1. Visit etherealoffering.org
  2. Click "Stake" in navigation
  3. Ensure wallet is connected
  4. You'll see the staking dashboard

Step 2: Review Staking Stats​

Check the information:

Global Stats:

  • Total PSILO staked
  • Total MDAO distributed
  • Current APY
  • Number of stakers

Our Stats:

  • PSILO balance (available to stake)
  • Current stake (if any)
  • MDAO earned
  • Time multiplier

Example:

Global Staking Stats

Total Staked: 5,000,000 PSILO (50% of supply)
Total MDAO Distributed: 250,000 MDAO
Current APY: 10-50% (depends on multiplier)
Active Stakers: 1,234

Your Stats

Available: 10,000 PSILO
Currently Staked: 0 PSILO
MDAO Earned: 0
Time Multiplier: 1x (new staker)

Step 3: Enter Stake Amount​

Choose how much to stake:

Options:

  • Enter specific amount
  • Click "25%" / "50%" / "75%" / "Max"
  • Leave some PSILO for liquidity

Considerations:

  • How much can you lock up?
  • Do you need liquidity?
  • What's our time horizon?

Example:

  • Total PSILO: 10,000
  • Stake: 7,500 (75%)
  • Keep: 2,500 (for liquidity/trading)

Step 4: Review Staking Details​

Check the details:

Staking Info:

  • Amount to stake
  • Current APY
  • Estimated MDAO per year
  • Time multiplier
  • Unstaking period (if any)

Example:

Stake 7,500 PSILO

Base Rate: 0.1 MDAO per PSILO per year
Time Multiplier: 1x (new staker)
Estimated Earnings: 750 MDAO per year
Current APY: 10%

After 1 year: 2x multiplier → 1,500 MDAO/year (20% APY)
After 2 years: 3x multiplier → 2,250 MDAO/year (30% APY)
After 3 years: 5x multiplier → 3,750 MDAO/year (50% APY)

Step 5: Approve PSILO (First Time Only)​

First time staking:

  1. Click "Approve PSILO"
  2. MetaMask pops up
  3. Review approval
  4. Click "Confirm"
  5. Wait for confirmation (~15 seconds)

Note: Only needed once.

Step 6: Stake PSILO​

Now you're ready:

  1. Click "Stake"
  2. MetaMask pops up
  3. Review transaction
  4. Confirm
  5. Wait for confirmation (~30 seconds)

Step 7: Confirm Success​

After confirmation:

✅ PSILO Staked - Tokens locked in contract
✅ Earning MDAO - Rewards accruing
✅ Position Active - Shows on dashboard

Verify:

  • Staked amount correct
  • MDAO earning rate shown
  • Time multiplier displayed

📈 Time Multiplier System​

How It Works​

The longer you stake, the more you earn:

Time StakedMultiplierEffective APY
0-6 months0.5x5%
6-12 months1x10%
1-2 years2x20%
2-3 years3x30%
3+ years5x50%

Example:

  • Stake: 10,000 PSILO
  • Base rate: 0.1 MDAO per PSILO per year

Year 1:

  • Multiplier: 0.5x → 1x (average 0.75x)
  • Earnings: 750 MDAO

Year 2:

  • Multiplier: 1x → 2x (average 1.5x)
  • Earnings: 1,500 MDAO

Year 3:

  • Multiplier: 2x → 3x (average 2.5x)
  • Earnings: 2,500 MDAO

Year 4+:

  • Multiplier: 5x
  • Earnings: 5,000 MDAO per year

Total after 4 years: 9,750 MDAO

Multiplier Resets​

⚠️ Important:

If you unstake:

  • Multiplier resets to 0.5x
  • Must rebuild over time
  • Lose accumulated multiplier

If you add more PSILO:

  • Multiplier stays the same
  • New PSILO starts at 0.5x
  • Weighted average multiplier

Example:

  • Staked 1 year: 10,000 PSILO at 1x multiplier
  • Add 10,000 PSILO (new stake at 0.5x)
  • New average: 20,000 PSILO at 0.75x multiplier

💰 Claiming MDAO Rewards​

How Rewards Accrue​

MDAO is earned continuously:

  • Every block (~12 seconds)
  • Proportional to stake
  • Multiplied by time multiplier
  • Automatically calculated

Example:

  • Stake: 10,000 PSILO
  • Multiplier: 2x
  • Rate: 0.1 MDAO per PSILO per year
  • Per year: 2,000 MDAO
  • Per day: 5.48 MDAO
  • Per hour: 0.228 MDAO
  • Per block: 0.00076 MDAO

Claiming Process​

Two options:

Option 1: Manual Claim

  1. Go to staking dashboard
  2. See "Unclaimed MDAO"
  3. Click "Claim MDAO"
  4. Confirm transaction
  5. MDAO sent to wallet

Option 2: Auto-Compound (Future)

  • Automatically stake MDAO
  • Earn more voting power
  • No manual claiming needed

Gas costs:

  • Claiming costs gas (~$2-$10)
  • Consider batching claims
  • Claim monthly or quarterly

🔓 Unstaking PSILO​

When to Unstake​

Good reasons:

  • Need the funds
  • Better opportunity elsewhere
  • Achieved our goals
  • Exiting the project

Bad reasons:

  • Panic (temporary price drop)
  • Impatience (multiplier needs time)
  • FOMO (chasing other projects)

Unstaking Process​

Step-by-step:

  1. Go to staking dashboard
  2. Click "Unstake"
  3. Enter amount (or click "Max")
  4. Review details
  5. Click "Unstake PSILO"
  6. Confirm in MetaMask
  7. Wait for confirmation

You receive:

  • Our PSILO back
  • Any unclaimed MDAO
  • Multiplier resets

Example:

  • Unstake: 7,500 PSILO
  • Unclaimed MDAO: 150
  • Receive: 7,500 PSILO + 150 MDAO
  • Multiplier: Resets to 0.5x

Partial Unstaking​

we can unstake partially:

Example:

  • Staked: 10,000 PSILO
  • Unstake: 2,500 PSILO (25%)
  • Remaining: 7,500 PSILO
  • Multiplier: Stays the same for remaining stake

Use cases:

  • Need some liquidity
  • Rebalance portfolio
  • Take profits
  • Reduce exposure

💡 Staking Strategies​

Strategy 1: Max Multiplier​

Goal: Achieve 5x multiplier

Method:

  • Stake maximum amount
  • Hold for 3+ years
  • Never unstake
  • Maximize MDAO earnings

Pros:

  • Highest APY (50%)
  • Maximum voting power
  • Long-term aligned

Cons:

  • Locked for years
  • Opportunity cost
  • Requires patience

Strategy 2: Ladder Staking​

Goal: Maintain liquidity while earning

Method:

  • Stake in tranches
  • Different time horizons
  • Unstake oldest first
  • Maintain some multiplier

Example:

  • Month 1: Stake 2,500 PSILO
  • Month 2: Stake 2,500 PSILO
  • Month 3: Stake 2,500 PSILO
  • Month 4: Stake 2,500 PSILO
  • Total: 10,000 PSILO staked over 4 months

Benefits:

  • Flexibility
  • Average multiplier
  • Regular liquidity

Strategy 3: Compound MDAO​

Goal: Maximize total governance power

Method:

  • Stake PSILO
  • Claim MDAO regularly
  • Use MDAO for voting
  • Accumulate governance power

Example:

  • Stake: 10,000 PSILO
  • Earn: 1,000 MDAO per year
  • Vote with MDAO
  • Influence protocol
  • Increase MDAO value

📊 Staking Calculator​

Estimate Our Earnings​

Use our calculator:

  1. Enter PSILO amount
  2. Select time horizon
  3. See estimated MDAO
  4. Compare scenarios

Example:

Staking Calculator

Amount: 10,000 PSILO
Time: 3 years

Year 1: 750 MDAO (avg 0.75x multiplier)
Year 2: 1,500 MDAO (avg 1.5x multiplier)
Year 3: 2,500 MDAO (avg 2.5x multiplier)

Total: 4,750 MDAO
Average APY: 15.8%

🔗 Resources​

🙏 Tips for Success​

✅ Best Practices:

  • Stake for long-term (maximize multiplier)
  • Don't stake more than we can lock up
  • Claim MDAO regularly (use for voting)
  • Monitor our position
  • Understand the risks
  • Be patient (multiplier takes time)

❌ Avoid:

  • Staking funds you need soon
  • Unstaking too early (lose multiplier)
  • Ignoring opportunity cost
  • Not using MDAO for governance
  • Panic unstaking
  • Chasing short-term gains

Next: DAO Voting →

"Staking is a commitment. Not just to the protocol, but to the community, the vision, and the future we're building together." 🍄✨