Chi Protocol Documentation
WebsiteDiscordTelegramTwitter
  • Introduction to Chi Protocol
    • What is Chi Protocol?
    • About
    • Importance of USC
    • Basic Features
  • Concepts
    • Summary
    • Dual Stability Mechanism (DSM)
      • DSM Scenario Analysis
    • Sustainable Reward Sources
      • Token Boost
    • Collateral Risk Management
    • Fees
    • Reserve Fund
    • Risks
      • Bad Debt Risk
      • Collateral Risk
      • Third Party Risk
      • Smart Contract Risk
  • USC
    • Mints and Redemptions
    • Rewards Generation & Distribution
    • Staking USC
      • stUSC
      • wstUSC
    • Liquidity Provision in USC
  • CHI
    • Understanding CHI & Use Cases
    • Liquidity Provision in CHI
    • veCHI & Governance
    • Tokenomics
  • Resources
    • How to Mint and Stake USC
    • Security
    • Technical Resources
    • Smart Contract Addresses
    • APR Formulas
    • Media Kit
    • FAQs
Powered by GitBook
On this page
  • What is stUSC?
  • How does stUSC work?
  1. USC
  2. Staking USC

stUSC

Staking USC

PreviousStaking USCNextwstUSC

Last updated 7 months ago

What is stUSC?

stUSC is the rebasable ERC20 token of the Chi Protocol. By staking USC, users receive stUSC at a 1:1 ratio, allowing them to benefit from native USC rewards while maintaining composability across the DeFi ecosystem.

Staking USC in exchange for stUSC enables individuals and organisations to earn rebase rewards without locking up their capital or sacrificing liquidity. To earn rewards from stUSC, users simply need to stake their USC. Once staked, they will start receiving USC rewards periodically, which automatically increase their stUSC balance.

Users can unstake their stUSC at any time to receive their initial USC deposit along with any accumulated rewards. However, unstaking stUSC will stop the accrual of rebase rewards, as users will no longer be participating in the staking process.

How does stUSC work?

stUSC is straightforward: users stake USC and receive 100% of their staked amount in stUSC. After staking, they automatically earn rebase rewards directly from the Chi Protocol.

There are no staking or unstaking fees applied to the notional amount, ensuring that users receive the full benefit of their rewards.

Example

It is important to note that all staking rewards are automatically accrued in the user's wallet, with no need for manual claims. This makes the process seamless and convenient, allowing users to effortlessly benefit from their staking activities.

More on Sustainable Reward Sources
More On Rewards Generation & Distribution
More on APR Formulas
stUSC Core Logic
stUSC Rewards Distribution