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Stake into a Mountain of Dividends.
Staking is the primary way to accrue value on DeMountain. Users can stake their $MOUNT tokens on the 'Stake' section found in the dApp to accrue daily dividends paid out in $MATIC. Staking is a passive, long-term strategy. Staking $MOUNT tokens is the process of locking them into the contract for a period of 1 up to 300 days. The longer you stake, the more you make. Longer stakes are rewarded with more bonus $MOUNT tokens that can be collected when the stake ends. When staked, your tokens are locked for a period of time. The contract does not allow you to unstake once locked in, however, we've implemented a marketplace in which users can sell their stakes or request a loan using stakes as collateral.
Good to know. Accumulated dividends, staked tokens, and bonus tokens can be collected once the staking period ends.