Concepts
Staking Mechanism
Stake M1N3 tokens on block templates to earn marketplace fees
How Staking Works
Staking M1N3 tokens on a block template serves two purposes:
- Signal confidence — visible on-chain to miners choosing where to direct hashpower
- Earn fees — stakers receive a proportional share of the 2% marketplace trading tax
Staking Process
- Choose an active block template
- Stake any amount of M1N3 tokens on it
- Earn rewards proportional to your stake whenever shares from that template are traded
- Unstake anytime (subject to a cooldown period)
Revenue Model (ARPT)
Fee distribution uses an Accumulated Reward Per Token (ARPT) model:
- Each time a share is traded, 2% of the trade value is collected as a fee
- The fee is distributed across all stakers proportional to their stake
- Rewards accumulate and can be claimed at any time
Key Metrics
| Metric | Description |
|---|---|
| Staker APY | Annualized yield based on recent fee revenue |
| Staking Utilization | Percentage of total M1N3 supply that is staked |
| Daily Yield per M1N3 | How much SUI each staked M1N3 token earns daily |
Considerations
- Higher stake = larger share of fee revenue
- APY scales linearly with trading volume — more marketplace activity means higher returns
- Staking on popular templates (with more miners) may generate more fee revenue
- The 2% fee only applies to marketplace trades — miners who hold their own shares pay nothing