sFAN Score
A cutting-edge time-weighted staking system
Last updated
A cutting-edge time-weighted staking system
Last updated
By staking FAN tokens with a variable unstake period ranging from 14 to 365 days, participants enter a realm where commitment and precision converge for amplified rewards. This system combines classic staking benefits with a time-weighted variable to produce your sFAN Score. The sFAN Score not only recognizes token holdings but values the duration of commitment, offering a dynamic and inclusive platform where users navigate a journey of optimized gains through thoughtful time-weighted staking. Join us in reshaping the staking landscape, where time becomes an integral factor in unlocking unprecedented possibilities for sustained growth. Let's explore π
The staking program allows users to stake FAN
tokens for a variable amount of time.
The staking dashboard can be found here: https://superfans.tech/staking
There are 2 values associated with a users stake:
Staked FAN
sFAN (Staked FAN x duration)
The staked FAN is the amount of tokens that the staking vault actually holds for the user that can be unstaked, while sFAN is a value indicating a users rank for purposes rewards and voting rights.
For people that like to know exactly how SuperFans calculate a stakers's sFAN score, we've written it down as a function f(FAN)=sFAN. Where FAN denotes the number of FAN Tokens a staker has staked in the SuperFans Staking Protocol.
where is an element of (integers) such that .
The s parameter denotes time in seconds, which represents the duration a staker has staked his or her tokens. The stake duration s belongs to the set of integers Z, such that s is greater than or equal to 1209600 seconds and less than or equal to 31536000 seconds.
Because it's somewhat difficult to intuitively understand numbers of this magnitude, we can simplify above function to use days rather seconds, which are denoted d.
The stake duration d belongs to the set of natural numbers N, such that d is greater than or equal to 14 days and less than or equal to 365 days.
In more simple phrasing. A staker can stake FAN Tokens for a minimum of two weeks and a maximum of one year. The longer the duration of a stake, the higher the multiplier against the number of tokens in stake. The maximum multiplier is this system is is 1 to 1, because 136512123=4.
On the SuperFans website you can find a sFAN calculator: https://superfans.tech/staking
This equation represents as a function of , where is a natural number (denoted by ), and ranges from 14 to 365.