Staking
Learn how to earn easy yield with Fetch Oracle.
Last updated
Learn how to earn easy yield with Fetch Oracle.
Last updated
Users of Fetch Oracle can earn yield by staking FETCH tokens.
Staking is an incentive system that ensures the integrity of the network and financially rewards active contributors who are tasked with participating in voting rounds.
Ready for a shortcut? Check out this animated guide to staking:
As a reward for staking, you'll earn FETCH tokens — giving you the opportunity to earn yield with very little effort.
Your staking rewards are accrued as soon as you start staking, and you’ll keep earning rewards as long as you keep participating in voting rounds.
There is no minimum staking amount. However, there is a 7 day wait period required for unstaking FETCH. Therefore, if you stake and then unstake FETCH, you will need to wait 7 days before being able to withdraw the tokens from the contract back to your wallet.
As a staker, it's crucial that you actively participate in the voting process for disputes.
Doing so allows you to reach your full earning potential while helping maintain Fetch's status as the go-to oracle for accurate and timely decentralized information.
Note that claiming staking rewards or doing any action that does it (like staking, un-staking) during a vote period and BEFORE casting your vote in all current open disputes will make you forfeit extra possible rewards.
Make sure to cast your votes before doing so.
Adding to Your Stake and Compounding Rewards
After your initial stake, you can add additional FETCH tokens to your existing stake in any amount, with no minimum or maximum limit. This flexibility allows you to compound your staking rewards by reinvesting them, enhancing your earning potential over time.
Each additional stake is subject to its own 7-day unstaking period, meaning you will need to wait 7 days from the time of each deposit before you can withdraw that specific portion of your stake.
You can easily stake, unstake, and withdraw FETCH through the or, alternatively through Telliot CLI.