New TST and EUROs Staking System

Announcing the New Standard Staking Contracts: Earn More Efficiently

We are thrilled to announce the launch of our new Standard Staking contracts! These advanced contracts are designed to provide you with even greater rewards for staking your TST and EUROs. With enhanced efficiency and scalability, this new iteration brings several improvements and exciting opportunities for our community. Here’s everything you need to know about the new Standard Staking contracts.

Maximize Your Rewards with TST and EUROs Staking

The new staking contracts allow users to earn significant rewards by staking their TST and/or EUROs. Whether you’re looking to maximize your earnings from the fees generated by the protocol or earn a variety of assets through swaps executed by Smart Vaults, this updated system has got you covered.

Staking TST: By staking TST, you can earn EUROs fees generated by users when they borrow from or repay their Smart Vaults. The rewards are calculated as follows:

Staking EUROs: Staking EUROs, on the other hand, allows you to earn various assets, mostly generated by the swaps executed by Smart Vaults.  The protocol may also airdrop additional reward assets to the staking pool. The rewards for EUROs stakers are calculated similarly:

Claiming and Compounding Your Rewards

When it’s time to claim your rewards, you’ll find the process simple and flexible. All reward assets, apart from EUROs, will be directly transferred to your wallet. You have the option to either compound your EUROs rewards by adding them directly to your stake or transfer them to your wallet along with your other rewards. Each time you claim or adjust your stake, your rewards are automatically claimed, ensuring you don’t miss out on any earnings.

Adjusting Your Stake

Increasing or decreasing your stake has never been easier. Whenever you increase your stake, all previously earned rewards are claimed, and your EUROs rewards are compounded, boosting your overall stake. Conversely, when you decrease your stake, your rewards are claimed without compounding.  This dynamic ensures your stakes are always up-to-date and earning the maximum possible rewards.

Stay Informed with the Staking Dashboard

Our new Staking dashboard offers a clear and comprehensive view of your projected rewards. This feature allows you to see how much EUROs you would earn if you claimed immediately, along with other reward assets.  This transparency helps you make informed decisions about your staking strategy.

Enhanced Security and Audit

Security is a top priority for us. The new Staking contract has been thoroughly audited by the independent security researcher MaslarovK. During the audit, several vulnerabilities, ranging from lower to higher risk, were identified and resolved. You can stake with confidence knowing that your assets are protected by robust security measures. . We invite you to review the detailed smart contract audit report, to see the comprehensive measures taken to safeguard your assets.

Full Audit Report: https://github.com/kristiyanmaslarov/Audits/blob/main/PrivateAudits/TheStandard-security-review.pdf

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Why Stake with the New Standard Staking Contracts?

1. Increased Efficiency and Scalability: Our new contracts are designed to handle a larger volume of transactions, ensuring smooth and efficient operations even as our user base grows.
2. Flexible Reward Options: Choose to compound your rewards or receive them directly in your wallet, giving you control over how you manage your earnings.
3. Transparent Projections: The Staking dashboard provides real-time insights into your potential earnings, helping you optimize your staking strategy.
4. Security: Independent audits and rapid resolution of identified vulnerabilities mean your investments are secure.
5. Community Benefits: By participating in staking, you support the ecosystem, contribute to its stability, and benefit from the growth of TheStandard.io.

Join us in this new era of staking with TheStandard.io. Stake your TST and EUROs today, and start maximizing your rewards with our innovative and secure staking contracts. Your journey towards greater earnings and a more robust DeFi experience begins now!

What happens to the Old Staking contracts.

The beauty of decentralized smart contracts is that they will be around forever so you can always get to your funds but we recommend withdrawing your staked funds from them and staking them in the new staking smart contracts. All fees will be diverted to the new contracts from June 19th so be sure to move your staked assets now to keep earning all the fees collected in the system.

Get Started Today

The new Staking contract is now live. Stake your TST or EUROs and start earning rewards today. Visit our dashboard to view your potential rewards and manage your stakes effortlessly.

‍https://app.thestandard.io/liquidation-pools

We look forward to seeing our community benefit from the enhanced efficiency, scalability, and rewarding opportunities of our new Staking contract. Thank you for your continued support and participation in TheStandard.io DeFi ecosystem.

Discord: https://discord.gg/5XKhkRHU

X: https://x.com/thestandard_io

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Disclaimer

While TheStandard.io team has taken extensive measures to ensure the security of our staking contracts, including a thorough third-party audit by Kristiyan Maslarov, users must acknowledge that no system is infallible. There could be vulnerabilities that were not identified during the audit. As with any smart contract, users engage with these free and open-source contracts at their own risk. TheStandard.io does not assume responsibility for any potential losses. Users should exercise caution and understand they bear full responsibility when using these contracts.