Staking
The majority of commission on $USDC betting volume will be distributed to $TRIBAL stakers
Last updated
The majority of commission on $USDC betting volume will be distributed to $TRIBAL stakers
Last updated
Holders will be able to lock their $TRIBAL into a staking contract to access a share of $USDC commission generated on the Tribally platform.
As betting volumes increase, the $USDC commission generated for the staking rewards pool will also increase. This mechanism ensures a constant source of value is being injected into the $TRIBAL economy - a source which generates more value as our platform scales.
Staking $TRIBAL yields $USDC
Multiplier applied to rewards based on length of time staked
Each staking operation creates its own multiplier schedule
Multiplier schedules used to drive weighted rewards distribution model
Rewards calculations applied on a per user per schedule basis
$USDC staking rewards pool grows linearly with betting volume
Staking reward amounts and eligibility is calculated on a 24-hourly basis
$USDC is allocated against a 24-hour staking reward period based upon the market close time of the betting market it was generated from
Anti-cheat: no rewards earned for the first 7 days of each staking schedule
No lock-up time - stakers can partial/full withdraw their stake at any time
No claim cooldowns - stakers can claim rewards at any time
Each new staking transaction will have an associated multiplier schedule based upon the length of time the $TRIBAL is staked for. Multiplier starts at 100% and is capped at 200%.
At 00:00 UTC on day X+1, and for each staked amount and corresponding multiplier schedule:
Weighted staked amount = Number of staked tokens * Schedule multiplier (Multiplier is taken from the Multiplier Schedule based on staking start date)
Rewards for day X = (Weighted staked amount / Sum of all weighted staked amounts for all stakers and schedules) * $USDC commission generated on day X
The example below illustrates how $1,000 of commission earned for the period of 1st June 2025 would be distributed to stakers:
To simplify the experience for stakers, all schedules will be rolled up into a single composite schedule for the purposes of reporting and claiming. $TRIBAL is unstaked on a LIFO basis.
Schedule | Start Date | Tokens Staked | Multiplier | Weighted Staked Amount | Rewards June 1st |
---|---|---|---|---|---|
Alice S1
1st Jan 2025
250
129.46%
323.65
298.56 $USDC
Alice S2
21st Apr 2025
250
104.16%
260.4
240.21 $USDC
Bob S1
15th May 2025
500
100.00%
500
461.23 $USDC