StakeOS

StakeOS is Laika's staking layer. You stake a token in its own single-asset pool and receive veTOKEN, which earns the pool's rewards and votes in that token's DAO. veLAIKA holders also vote every week on which tokens receive LAIKA emissions, and projects can offer incentives to win those votes. This is Laika's single-asset version of ve(3,3): no LP tokens are needed.

Pools#

Every token launched on Laika gets a staking pool at launch, and you stake the token itself. LAIKA has its own pool, and staking LAIKA gives you veLAIKA. A token launched elsewhere can join through a DAO application reviewed by Laika.

Locking and veTOKEN#

The mainnet staking options below let you stake without a lock or choose a lock length. Longer locks give more voting power.

Staking 1,000 tokens without a lock gives 1,000 veTOKEN. Locking 1,000 tokens for 90 days gives 4,000 veTOKEN. The same tiers apply to veLAIKA.

• veTOKEN cannot be transferred or sold.
• For a fixed-term lock, your power does not decay during the lock. It stays at full weight until the end of the weekly period in which your lock ends, then counts for nothing.
• No-lock stakes can be unstaked at any time. Fixed-term locks have no early exit: you can unstake only once the lock has ended, with no exit penalty.
• An expired fixed-term stake stops earning and voting until you unstake or stake again.

What stakers earn#

• LAIKA emissions. When veLAIKA holders vote for your token, the pool receives a share of that epoch's LAIKA emission, streamed over 7 days.
• Project rewards. Anyone, usually the project, can fund a reward stream in the pool's own token or an approved token, running 7 to 365 days. A pool can carry up to 5 reward tokens. Funding from the DAO page is coming soon.

Your share of every stream is your veTOKEN divided by the pool's total veTOKEN. Rewards stream continuously and you can claim at any time. Unclaimed rewards keep waiting for you, and claims still work if a pool is paused.

veTOKEN also gives you a vote on your token's DAO proposals (see GovernOS). Cabal launch voting initially requires veLAIKA and will soon open to all veTOKENs across the ecosystem (see LaunchOS).

Weekly epochs and gauge votes#

Emissions are decided in epochs of 7 days.

• veLAIKA holders split their votes across up to 8 tokens. Your split stays in place from one epoch to the next until you change it, and you can change it at any time.
• What counts is your vote and your veLAIKA balance at the end of the epoch.
• Only tokens with an active gauge can receive votes. A DAO applies with an "Apply for a veLAIKA gauge" proposal, and Laika approves it.
• When an epoch ends, anyone can finalize it from the staking page, and Laika also does it automatically. Finalizing starts the next epoch.
• Each token then gets a share of the epoch's LAIKA emission in proportion to its votes, streamed to its stakers. If a pool has no stakers yet, its share waits until it does.

Emissions come from LAIKA that Laika deposits for each epoch. Laika can also send part of each epoch's emission to the LAIKA pool.

Incentives#

Incentives (bribes) are how a project attracts veLAIKA votes to its token.

• Anyone can add incentives to a token's gauge for the current epoch, until the epoch ends.
• Accepted tokens are LAIKA, the token itself, its quote token, and any other token Laika approves. A gauge can hold up to 50 different incentive tokens per epoch.
• After the epoch is finalized, voters who backed the token claim their share: the incentive amount multiplied by their votes on the token, divided by all votes on the token, measured at the end of the epoch.
• Incentives cannot be withdrawn once deposited. If nobody votes for the token in that epoch, they go to the token's DAO.

A DAO (by proposal) and a creator can also send part of their pool fee income to the token's voters as incentives, every epoch. If the token has no gauge or no votes, those fees go back to where they came from.

Previews in the app#

Before you act, the app shows estimates. The vote panel shows roughly how much veLAIKA you are putting on a token and the pool's votes at the next snapshot. The incentives tab shows the token's projected emission for the epoch, the incentive value per 1,000 votes and your share of it. When you fund a reward stream, you see the reward per day, the end date and the APR at 1x. These are estimates, not promises.

Plain-language notes#

• Rewards depend on votes, incentives and market prices. APRs are not guaranteed.
• Locks are binding. You cannot unstake before your lock ends.
• Incentives are non-refundable once deposited.
• Always verify contract addresses and official links in the app.