Staking
Moonbag offers a staking mechanism for tokens that have completed the Bonding Curve phase and are listed on Sui dexes.
- 35% of trading fees in SUI are distributed to stakers of that token and stakers of $SHR0
- These trading fee rewards are allocated proportionally based on each holder’s staked amount.
In addition to earning a share of trading fees, holders also receive APY rewards from staking. Depending on the token, APY often ranges between 500-1000%.
This system not only provides a strong source of passive income for token holders but also serves as an incentive for long-term holding, ensuring the sustainability of projects rather than just encouraging short-term buy-and-sell speculation.