Staking

Staking is the primary value accrual strategy of Recovery. Stakers stake their REC-USDT LP on the Recovery page to receive rewards. Rewards come from the crowdfunding protocol and vary according to the amount of crowdfunding in the protocol.

Staking is a passive, long-term strategy. Your LP value will gradually increase while your cost base will continue to decrease until it converges to zero. In other words, even if the market price falls below the price you bought it, stake it long enough and your gains will eventually outpace the price drop.

When you stake, you lock up your REC-USDT LP. Your account will be automatically rewarded every epoch.

When you unstake, you will redeem your REC-USDT LP. Unstaking means that the user will be disqualified from receiving the reward. It is important to note that the amount of lost rewards will only depend on the number of unstakes; the remaining LP (if any) will continue to earn rewards.

Staking Contribution

• Node Staking: Contribution = 1 × LP quantity

• Staking for 1 month: Contribution = 1 × LP quantity

• Staking for 6 months: Contribution = 2 × LP quantity

• Staking for 12 months: contribution = 5 × LP quantity

• Staking for 48 months: contribution = 10 × LP quantity

Staking rewards will be evenly distributed according to the total contribution.