> For the complete documentation index, see [llms.txt](https://docs.merchantmoe.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.merchantmoe.com/dex-features/staking.md). # Staking The MOE Token governs the Merchant Moe protocol. Staking MOE tokens offers users the chance to participate in protocol revenue sharing. Users will accrue real yield (sMOE) simultaneously while staked. MOE staking is highly accessible. Users may stake MOE tokens at any time. * No deposit or withdrawal fee * May stake or unstake any time * Grants access to sMOE revenue sharing ## How to Stake MOE 1. Go to the Stake Page 2. Select the MOE Staking Pool 3. Deposit your MOE Tokens 4. Confirm any Wallet Transactions 5. Congratulations, you are now Staking!

*💡 Staked MOE has no receipt token.* ## sMOE: Revenue Sharing sMOE is a staking product that provides users with a non-dilutive real yield. Unlike other staking products that may dilute value by issuing more tokens, sMOE's yield is derived exclusively from the trading fees generated by the platform. These trading fees are collected every 1-3 days, swapped to $MOE token, and distributed to MOE stakers, proportionally to their staked MOE balance. To claim your rewards, simply click “Claim Rewards” and confirm any wallet transactions. #### Earn your share of Platform Trading Fees Each transaction on Merchant Moe incurs a fee, which is then allocated to liquidity providers and to the protocol. For all trades routed through Moe Classic AMM pools, a fee of 0.3% is taken. That fee is split, with 0.25% going to LPs and 0.05% to the protocol. Fees vary for Liquidity Book pools, starting at 0.02% for stablecoin pairs like USDT-USDC and can escalate up to 0.8% for certain pools. In volatile trading conditions, fees can peak at 2.48% due to 'Surge Pricing.' For a detailed explanation of Surge Pricing, please refer to the Merchant Moe documentation. #### Protocol Fees (Liquidity Book Pools) sMOE holders benefit from a portion of the fees collected by the protocol. The share of protocol fees varies by market type: * Stablecoin pairs 0-5% * Alt stables / Staked 10-25% * Majors / Network Tokens 10% * Altcoins 15-20% * Long-Tail 25% You can check the exact protocol fee for any liquidity pool in the Analytics section. For instance, a 25% protocol fee indicates that a quarter of all fees generated by the pool are distributed to sMOE holders.

*💡 The final fee share rate of each market is subject to change and the Core Team reserves the right and has the discretion to adjust fee share rates to ensure efficiency and optimization for all users.* #### Example of fees accrued: * A $100 USDC swap into MOE will charge a $0.2 fee because it is a 0.2% bps pool * MOE is a “Major / Network Token” - 10% of the fees will be deducted for sMOE * $0.2 x 0.1 = $0.02 * Therefore $0.02 will be converted into USDC and added to the sMOE Staking into sMOE rewards you with a share of all platform revenue generated depending on your share of the staking pool. Your share of the pool is determined by how many MOE tokens you have staked into the sMOE pool. #### How much can I earn? * sMOE Stakers receive rewards proportional to their share of the sMOE vault. * Rewards are variable and based on trading fees accrued on the platform, more trading volume will result in more fees captured *💡 Calculation: userRewardRate = userMoe / totalMoe \* sMoeRewardRate.* #### Topping Up * You can top up your existing staked amount of MOE to increase your share of rewards * When you top up your MOE Tokens with more MOE Tokens, you will automatically claim any pending rewards you may have * Claimed rewards automatically enter your Wallet ## Unstaking MOE MOE can be unstaked at any time with no fee. If you wish to unstake your MOE, you may first need to remove votes before unstaking. Voting via veMOE has been replaced by direct emission control from the protocol, meaning removing votes is the only action possible. Removing these votes will allow you to unstake your MOE tokens.

--- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.merchantmoe.com/dex-features/staking.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.