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$SHR0 Staking

MoonBags offers a staking mechanism for $SHR0 - the native token of protocol.

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  • 20% of trading fees in SUI are distributed to stakers of $SHR0.
  • These trading fee rewards are allocated proportionally based on each holder’s staked amount.

How to stake $SHR0 on MoonBags?​

Step 1: You can easily stake $SHR0 on MoonBags by clicking the "Manage" button on the Stake & Earn Page. 

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Step 2: Then choose the amount of $SHR0 you want to stake. When you stake $SHR0 on MoonBags, your staked amount will be locked for 1 hour. After that, you can unstake your tokens and claim rewards at any time.

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How to claim $SHR0's reward on MoonBags?​

When staking $SHR0 - MoonBags's native token - you can earn from the trading volume of MoonBags. 

You can request MoonBags to distribute fees as staking rewards for both stakers and creators.
There are two ways to do it:

Method 1:

Step1: On the Token Pair Page, click 'Distribute' to allocate fees to Token Stakers, $SHR0 Stakers, and Creators. If this action has already been performed, you can skip this step and proceed directly to Step 2.

Step 2: Choose tab $SHR0 Stakers, go to Manage -> Claim -> Claim.

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Method 2: Go to the Staking page, click ‘Manage’, then click ‘Claim’ to receive your reward. 

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20% of trading fees in SUI are distributed to $SHR0's stakers. The amount you receive depends on how much you’ve staked, and all rewards are sent directly to your connected wallet.