Reward Token Staking
What is the Lendr Reward Pool?
The Reward Pool allows users to stake their Lendr Reward Tokens (LNDR) to collect the issuance/redemption fees generated by the lending platform. When users open a trove they pay a small one-time fee, 100% of that is sent to reward pool stakers and frontend operators.
How does staking work in Lendr?
To start staking all you need to do is deposit your LNDR tokens in the staking section of the application. Once complete, you will start earning a pro rata share of all borrowing and redemption fees in RWA tokens and collateral tokens.
How much will my staked reward tokens earn?
Your reward tokens will earn a share of the fees equal to your share of the total reward tokens staked, at the instant the fee occurs.
Is there a lock-up period?
No, you can withdraw your staked funds at any time.
Can I stake my real world asset tokens in the reward pool?
You can only stake reward tokens in the Reward Staking Pool. Real world asset tokens can be deposited into the Stability Pool instead.
Are staked reward tokens used to backstop the system (like Maker) or for governance?
Yes, staked Lendr tokens are used in emergency situations to cover the needs of the protocol. Users are given the fees generated by the protocol to compensate for this risk. Staked Lendr tokens can also be used for protocol governance.
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