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  • PROTOCOL OVERVIEW
    • ๐Ÿ‘‹Welcome to H2O
    • ๐Ÿ› ๏ธWhat can I do with H2O?
    • ๐ŸŒ…Who is behind H2O?
    • ๐Ÿ”ฑPOSEIDON Mechanics
    • ๐Ÿ”ฑ$PSDN Emissions
    • ๐Ÿ”ฑpsdnOCEAN: veOCEAN Liquid Staking
    • ๐Ÿ•Š๏ธGovernance Minimization Guide
    • ๐Ÿช™Tokenomics
    • โ“FAQ
    • โ”FAQ: psdnOCEAN
    • ๐Ÿ› ๏ธHow TO Guide : psdnOCEAN Staking
    • ๐ŸŽˆAirdrop FAQ
      • ๐ŸAirdrop Claim Process
    • ๐Ÿ’ปAudits
  • Contributors
    • ๐Ÿ‘จโ€๐Ÿ‘ฉโ€๐Ÿ‘งโ€๐Ÿ‘ฆJoin the Community
  • Risk
    • ๐Ÿ‘พGEB Risks
    • โš“PID Failure Modes & Responses
  • INCENTIVES
    • โฉMint + LP Incentives Program
    • โ›๏ธPOSEIDON Staking
  • CONTRACT VARIABLES TRANSLATION
    • ๐Ÿ”ตCore Contracts Naming Transition
    • ๐Ÿ”ดGovernance Contracts Naming Transition
    • ๐ŸŸกSAFE Management Contract Naming Transition
  • SYSTEM CONTRACTS
    • ๐ŸฆพCore Module
      • SAFE Engine
      • Liquidation Engine
      • Accounting Engine
    • ๐ŸŽAuction Module
      • English Collateral Auction House
      • Fixed Discount Collateral Auction House
      • Increasing Discount Collateral Auction House
      • Debt Auction House
      • Surplus Auction House
    • ๐Ÿ—๏ธOracle Module
      • Oracle Relayer
      • Medianizer
  • LICENSE
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  • Overview
  • Staking Walkthrough
  1. INCENTIVES

POSEIDON Staking

PreviousMint + LP Incentives ProgramNextCore Contracts Naming Transition

Last updated 3 years ago

Overview

Stakers are in charge of protecting H2O protocol from insolvency. They stake POSEIDON/OCEAN Uniswap V3 in a smart contract that then constantly checks whether H2O is well capitalized.

In case the protocol is undercapitalized (has debt that is not backed by collateral), the staking pool will start to auction POSEIDON/OCEAN LP tokens in exchange for H2O that is then used to bring the protocol above water. Stakers will get diluted in the process.

In exchange for protecting the protocol, stakers receive more POSEIDON.

Staking Walkthrough

First users need to provide liquidity in this POSEIDON/OCEAN Uniswap v3 pool using .

Once you stake, you will start to accrue rewards every block. You can claim rewards anytime using the Claim Reward button.

When you start unstaking, you can head over to the Unstaking section.

  • You request that a portion of your currently staked tokens should be unstaked.

Once you receive your POSEIDON/OCEAN LP tokens, head over in order to see the staking dashboard.

โ›๏ธ
here
https://app.gamma.xyz/