Staking Dashboard

Balances

There are a few new concepts around how your $ANYONE tokens are held and used in the protocol!

Relay Locks, Relay Rewards, Staking and Staking Rewards are all handled in a single smart contract on Ethereum - this contract makes it easier to seamlessly transition tokens between the different use cases.

Your tokens could be in these places:

  • Within your wallet, as normal.

  • Within the protocol contract, but not allocated to a lock or staked: this is called your Available balance (1 in screenshot below).

  • Locked to register a (non hardware) relay or to delegate a lock for .someone else’s relay (2 in screenshot below)

  • Staked to a relay family (3 in screenshot below).

  • Vaulted - a ‘vault’ represents a pending unlock.

You can see the sum total of tokens in these vaults on the Home page (4 in screenshot below). If any of the vaults are expired (which means their cooldown has ended), you will be able to redeem them on the Home page (5 in screenshot below).

Tokenomic change! Instead of a fixed lock period, both relay locks and stakes now have a cool down period - when you unlock or un-stake, your tokens are moved to a vault with a fixed unlock period. As with other protocols, when you initiate the unlock process your relay becomes ineligible for rewards and you stop earning stake yield.

Rewards

Even though there are now two sources of rewards;

  • Relay Rewards

  • Staking Rewards

Both are redeemed from the same place on the Home page (1 in screenshot below).

The total redeemable amount is the sum of staking rewards + relay rewards, shown in the previous column (2 circled in screenshot below).

Instead of going directly to your wallet, by default, redeemed rewards go to your available contract balance to be easily reused in the protocol.

Staking

Anyone Protocol introduces a new kind of staking - staking for economic security. Instead of blindly depositing tokens, you must stake to a specific relay family - where the relay family is designed by the operators wallet. 5% of your staking rewards go to the operator you stake on, encouraging people to run reliable families and engage with fellow holders to get their support.

APY

Staking APY is a variable. Much like the relay rewards, there is a fixed outflow of tokens currently set to be identical to the relay rewards (5000 tokens per day), which are divided between all eligible stake holders based on tokens.

As a point of reference initially with:

  • 5% of total supply staked which would be a 32.5% APR.

  • 30% of total supply staked which would be a 5% yearly APR.

Staking rewards will be boosted as revenue comes into the protocol, to further compensate holders for the key role they play in securing the network. In the near term, this can take the form of airdrops and other bonuses for stake holders.

Staking Eligibility

Go to the Staking tab from the menu at the top of dashboard.

Once there, you’ll be greeted by a list of all the relay families which shows your stakes and the total amount of tokens staked per family.

Once you stake to a relay family, your tokens accrue rewards only if 50%+ of the relay family’s registered relays are active in the hourly epoch. This is represented by the green or red running column (1 in the screenshot below).

You can choose to stake all your tokens to a single family, or split them between multiple families.

To stake (or unstake) click the three dots in the Actions column (2 in the screenshot below).

Upon pressing stake, you will see a pop-up like the one pictured on the screenshot below.

You can either stake tokens sitting in your contract Available balance, or stake directly from your Wallet. The toggle in "Amount to stake" (3 in the screenshot below) lets you switch between these locations.

Once you’ve selected the amount, click on stake and confirm the interaction.

Staking Rewards and Compounding

As you begin to accrue staking rewards, you’ll see them in the Unclaimed Staking Rewards value. Crucially, these rewards are auto-compounded without needing to be redeemed. However, for the purpose of testing, please try and interact, redeem, move them and more!

As mentioned above, you can’t claim staking rewards in isolation - you need to redeem them with relay rewards from the homepage.

Visit the Dashboard to begin.

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