> For the complete documentation index, see [llms.txt](https://docs.strikefinance.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.strikefinance.org/tokenomics/markdown.md).

# Staking

## V2 Liquid Staking Rewards

<figure><img src="/files/MkQmYcP5VHqd80u5Z9dK" alt=""><figcaption></figcaption></figure>

Strike V2 liquid staking lets you earn a share of revenue generated by the Strike platform while keeping your $STRIKE usable across supported DeFi positions, or by simply holding it in your wallet.

### Start Here: Opt In First

To earn V2 liquid staking rewards, you must first opt in from the Strike staking UI.

Once you stake through the UI, Strike links reward tracking to that staking wallet. From that point forward, you do not need to manually register each DeFi position. Strike automatically detects eligible $STRIKE activity connected to that same wallet across supported platforms.

The key rule is simple: opt in once, then keep your eligible $STRIKE activity connected to the same staking wallet.

### How V2 Liquid Staking Works

Instead of requiring your $STRIKE to sit idle, V2 liquid staking uses daily balance snapshots and time-weighted average balance (TWAB) accounting.

This means you can stake through Strike, then continue using your $STRIKE in supported DEX liquidity positions or lending markets and still qualify for rewards.

There is no lockup. Staked $STRIKE and distributed rewards can be withdrawn at any time, subject to the normal wallet, DeFi protocol, and Strike withdrawal flows.

### V1 Migration

All future staking rewards will be distributed through the new Strike V2 platform. If you are currently staking on V1, please migrate your stake to V2 to continue earning rewards.

V1 staking is being deprecated and will no longer be used for future reward distributions. To read more about the migration [V1 - V2 Migration](/tokenomics/markdown/v1-v2-migration.md).

### Reward Funding

The main revenue source for Strike is the opening fee paid when traders open perpetual positions.

Opening fees are split between Strike and liquidity providers. This split may change over time. 100% of the opening fees that go to Strike are distributed to eligible stakers once every 15 days.

Rewards are deposited directly into your Strike account as USDM. Once deposited, rewards are released and can be withdrawn from Strike.

V1 platform rewards will also be converted to USDM, deposited into Strike during each distribution period, and fully released.

### Withdrawing rewards

Every distribution your account balance on the Strike platform will increase. You can use this balance to place trades, deposit into vaults, or withdraw to your wallet directly in the form of a stablecoin.&#x20;

### Eligibility

To earn rewards, your $STRIKE must be associated with the same wallet you used to opt in from the Strike staking UI.

After you opt in, eligible $STRIKE can qualify automatically from supported activity connected to that wallet, including:

| Eligible Activity                           | How It Counts                                  |
| ------------------------------------------- | ---------------------------------------------- |
| Buy $STRIKE and hold in your staking wallet | Automatically detected                         |
| Used in supported DEX liquidity positions   | Automatically detected from the staking wallet |
| Used in supported lending positions         | Automatically detected from the staking wallet |

To receive full period weight, keep your $STRIKE qualified for the full 3-epoch distribution period. If your $STRIKE is unstaked or moved away from the staking wallet before distribution, it stops qualifying for future snapshots and your reward weight is reduced by TWAB.

Do not stake with one wallet and then send the $STRIKE to another wallet. If the $STRIKE is moved to another wallet, it will not count toward rewards for the original staking wallet.

### Daily Snapshots

Daily snapshots are taken at 00:00:00 UTC. This fixed snapshot time is used so everyone can see exactly when balances are measured.

A snapshot records how much eligible $STRIKE a staking wallet has at that point in time. Across a reward period, those snapshots are used to calculate a time-weighted average.

| What Matters                       | How It Affects Rewards                         |
| ---------------------------------- | ---------------------------------------------- |
| How much eligible $STRIKE you have | More eligible $STRIKE earns more reward weight |
| How long you keep it eligible      | Longer participation earns more reward weight  |

Rewards are not based only on your balance at the final distribution moment. They are based on how much eligible $STRIKE you had throughout the reward period.

### Joining Late

You can still receive rewards if you enter a supported position before the distribution period ends. For example, if you join one day before a distribution, your eligible $STRIKE can still count for that final day.

However, because rewards are time-weighted, joining late earns much less than participating for the full period.

| Example                            | Reward Weight      |
| ---------------------------------- | ------------------ |
| 1,000 $STRIKE eligible for 30 days | 30,000 STRIKE-days |
| 1,000 $STRIKE eligible for 1 day   | 1,000 STRIKE-days  |

In this example, the wallet that joined for only one day earns about 1/30th of the reward weight of the wallet that participated for the full 30 days, even though both wallets had the same amount of $STRIKE.

### Why It Is Fair

The snapshot system is designed so rewards go to users who actually keep $STRIKE eligible over time.

Because rewards are time-weighted:

| Behavior                                    | Outcome                                  |
| ------------------------------------------- | ---------------------------------------- |
| Holding eligible $STRIKE for longer         | Earns proportionally more reward weight  |
| Adding $STRIKE shortly before distribution  | Counts only for the time it was eligible |
| Removing $STRIKE before the end of a period | Stops earning future reward weight       |
| Moving in only at the last minute           | Does not earn full-period rewards        |

This makes the system difficult to game. A user cannot move $STRIKE into a supported position right before distribution and receive the same rewards as someone who supported the system for the entire period.

### Truly Liquid Staking

V2 liquid staking is designed so you can keep your $STRIKE productive.

After opting in from the staking UI, you can use your $STRIKE in supported DeFi positions, including DEX LPs and lending platforms, while still earning Strike revenue rewards.

You do not need to take any extra staking action for each DeFi position. Strike automatically picks up supported $STRIKE activity from the same staking wallet.

### How To Stake

1. Go to `app.strikefinance.org/staking`.
2. Sign in with the wallet you want to use for staking.
3. Use single address mode.
4. Click Stake.
5. Keep your $STRIKE activity connected to that staking wallet.

After staking, you can continue using your $STRIKE in supported DeFi positions from the same wallet.

### Cooldown And Start Date

There will be a cooldown period during the V1 to V2 transition.

| Date         | Update                    |
| ------------ | ------------------------- |
| May 9, 2026  | Distribution skipped      |
| May 15, 2026 | V2 reward counting starts |

Users should migrate their stake to V2 immediately. No rewards will be lost during the migration period.

### Supported DEX And LPs

Liquid staking supports STRIKE exposure from the following platforms:

| Platform      | Exposure                                            |
| ------------- | --------------------------------------------------- |
| Minswap V2    | STRIKE LP positions, including farming LP positions |
| CSWAP         | STRIKE LP positions, including farming LP positions |
| Splash        | STRIKE LP positions                                 |
| VYFI          | STRIKE LP positions                                 |
| SundaeSwap V2 | STRIKE LP positions                                 |
| WingRiders    | STRIKE LP positions, including farming LP positions |

Liquid staking also supports STRIKE lending and collateral exposure from the following platforms:

| Platform    | Exposure                    |
| ----------- | --------------------------- |
| FluidTokens | STRIKE collateral positions |
| Surf        | STRIKE collateral positions |
| Dano        | STRIKE collateral positions |
