š Staking
Staking Overview
Staking is one of the pillars of the Shimmer Soccer ecosystem. By locking $SHIBALL tokens, players and collectors help secure the platform while gaining access to boosted rewards, exclusive perks, and governance rights.
A total of 25% of the supply (62,500,000 $SHIBALL) is allocated for staking rewards, distributed gradually over 720 weeks (ā13.8 years). Rewards are calculated weekly and are influenced by:
The amount of tokens staked and staking time ā³
The division (tier) where the user belongs ā½
ā½ Division Multipliers
Depending on the staking amount, each participant is placed in a division with a specific reward multiplier:
š„ 3rd Division ā 1.0x multiplier
Base level rewards.
Designed for casual players and new collectors.
š„ 2nd Division ā 1.2x multiplier
Rewards boosted by +20%.
Priority access to tournaments and community events.
š 1st Division (Elite) ā 1.5x multiplier
Rewards boosted by +50%.
Access to exclusive tournaments, legendary NFTs, and DAO governance privileges.
š The higher the division, the bigger the multiplier applied to staking rewards.
ā³ Lock & Vesting Period
Rewards are released over 720 weeks (~13.8 years).
Long-term staking ensures scarcity and stability in the token economy.
Early unstaking may reduce rewards or apply penalties, preserving fairness for committed stakers.
š Staking Rewards Formula
The distribution formula is as follows:
Where:
R = Total staking rewards available in a given cycle.
ĻGroup = Weight of the userās division.
āĻAllGroups = Sum of all divisionsā weights.
User Productivity = Userās staked tokens Ć staking time.
Total Group Productivity = Total contributions from all users in the division.
MultiplierDivision = 1.0x | 1.2x | 1.5x.
š° Staking Fees Distribution
This ensures that longer commitments and higher contributions are proportionally rewarded.
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