How an epoch pays out
- Every 6 hours anyone can poke the ratchet (the UI does it for you; it costs only gas).
- The contract reads the Hard Floor and compares it with the highest floor ever recorded (the mark).
- If floor > mark: it mints new PAPERVAULT sized to the rise and raises the mark. The mint is capped so backing per token does not drop below the new floor.
- If floor ≤ mark: nothing happens. No emissions, no dilution.
- Minted tokens are split across stakers by weight = amount × boost. Press “Claim rewards” whenever you like; unclaimed rewards keep accruing.
Epoch length6 h
Next epoch in—
Warm-up before earning6 h
Cooldown after unstake6 h
Loyalty boost
resets on any unstake| Continuously staked | Boost | APR at 10% base |
|---|---|---|
| under 2 days | 1× | 10% |
| 2 days | 1.5× | 15% |
| 5 days | 2× | 20% |
| 7 days | 2.5× | 25% |
| permanent stake | 4× | 40% |
The boost applies to your share of each epoch's mint. The APR column is an example at a 10% base rate; the real base rate depends on how fast the floor rises.
Rules
Everything that can happen to a stake
Stake PAPERVAULT
Tokens move from your wallet into the staker. They are warming up for 6 hours, then start earning from the next epoch. Adding to an existing stake does not reset your boost.
Start unstake (6h cooldown)
The amount you choose stops earning immediately and enters a 6-hour cooldown. Your loyalty boost on the rest of your stake drops back to 1×. When the cooldown ends, “Withdraw PAPERVAULT” returns tokens to your wallet.
Stake permanently (4×)
Optional. The tokens can never be unstaked, withdrawn or transferred. In return you earn at 4× from the first epoch after warm-up. Rewards are claimable as normal. Bonds on the permanent tier land here too.
FAQ
Staking questions
Do rewards auto-compound?
Not by default. Rewards sit as claimable PAPERVAULT. Claim them and stake them if you want them to earn too (that does not reset your boost — only unstaking does).
Is there any penalty on unstake?
No principal penalty. You lose the loyalty boost and wait 6 hours.
What if the floor stops rising?
Then no new tokens are minted and the APR shown is simply 0% for those epochs. Your stake is unaffected and still fully backed at the floor.
Can other tokens be streamed to stakers?
Yes, through the “reward token” connector slot after a 72-hour public delay (for example PAPER revenue). The UI will list every reward token under “Claimable rewards”.