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  • OOGA to sOOGA
  • sOOGA to OOGA
  1. TOKEN

Staking and Allocating

1

Obtain OOGA

Through markets or otherwise.

2

Stake OOGA

Stake OOGA through the staking page to recieve sOOGA.

3

Allocate sOOGA

Allocate sOOGA to an allocation module such as the rewards or governance module to start earning that vault's benefits.

OOGA must be staked into sOOGA first before being able to do anything with it. After staking into sOOGA, an allocation module can be chosen to receive the relevant benefits associated with it.

OOGA to sOOGA

OOGA can be staked to receive sOOGA, and the conversion is 1:1.

Staking 1,000 OOGA will return 1,000 sOOGA.

sOOGA to OOGA

Conversion times represent the period required for sOOGA to fully convert into OOGA. Redeeming before the full conversion time results in a conversion tax, which decreases linearly as the conversion progresses towards the maximum.

On Berachain bArtio testnet, the minimum and maximum conversion times are set to 3 days and 7 days.

On Berachain mainnet, the minimum and maximum conversion times will differ significantly.

Selecting the minimum conversion time (3 days on bArtio), and unstaking 1,000 sOOGA will return 500 OOGA after 3 days. Selecting the maximum conversion time (7 days on bArtio) and unstaking 1,000 sOOGA will return 1,000 OOGA after 7 days.

All OOGA collected from the conversion taxes will be burned and permanently removed from circulation.

Last updated 5 months ago