Staking Program
Last Update: 3/27/2025
How the Staking Program Works
1. Rewards Allocation Rewards are distributed to staking participants in proportion to their share of the staking pool. This means that the more $HDRA a participant stakes, the larger their share of the rewards pool. The funds for these rewards come from fees earned by Hydra Swap, which are used to buy back $HDRA tokens on the market.
2. Smooth Distribution Sequence To ensure fairness and consistency, $HDRA rewards are distributed over a 14-day period using a per-second ‘dripping’ mechanism.
Every other Monday at 10:00 UTC, the staking smart contract consolidates all $HDRA accumulated from the previous two week into the staking distribution pool.
These rewards are then evenly distributed to participants over the following 14 days, ensuring a steady flow of rewards.
3. Real-Time APY Calculation The Annual Percentage Yield (APY) is calculated in real-time to reflect the current performance of the staking pool. For user convenience, the APY value is refreshed on the staking dashboard every 30 seconds, providing an up-to-date view of potential returns.
Additional Context
Buybacks and Token Flow: Hydra Swap uses an integrated bot to buy back $HDRA-SOL on Solana in small, continuous quantities.
Source of Rewards: The staking program is funded entirely by fees Hydra Swap earns from its exchange partners.
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