💰Staking

Shiba Galaxy is working on a staking functionality, which is expected to be rolled out in Q1-25. The idea is that users can stake their $SHIBG tokens and get rewarded for casting votes in important governance decisions on the protocol. Current users who are participating in the pre-sale and just holding will accrue an annual reward rate of 14% APY.

Once the staking feature is fully rolled out, users can opt-in for staking rewards depending on how long they are going to stake their tokens (and hereby have the right to vote on governance decisions).

The APY distribution is modeled after internal simulation and aims to incentivize long-term protocol participation and alignment:

• 6 Months: 14% APY

• 1 Year: 28% APY

• 2 Years: 40% APY

• 3 Years: 70% APY

• 4 Years: 150% APY

• 5 Years: 700% APY

• 10 Years: 1332% APY