83 lines
2.6 KiB
Markdown
83 lines
2.6 KiB
Markdown
# Staking Mechanics
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## Tax Rates
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Staking uses a **self-assessed tax** mechanism (Harberger Tax). You choose what yearly rate you're willing to pay. This creates a continuous auction for staking slots.
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### Rate Tiers
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There are 30 discrete tax rates (percentages are yearly):
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```
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1%, 3%, 5%, 8%, 12%, 18%, 24%, 30%, 40%, 50%,
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60%, 80%, 100%, 130%, 180%, 250%, 320%, 420%, 540%, 700%,
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920%, 1200%, 1600%, 2000%, 2600%, 3400%, 4400%, 5700%, 7500%, 9700%
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```
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Rates are discrete (not continuous) to prevent micro-increment griefing.
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### Tax Calculation
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Tax accrues continuously from the moment you stake:
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```
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tax_owed = (staked_amount × tax_rate × time_held) / (365 days × 100)
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```
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Tax is paid when you:
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- Unstake (deducted from payout)
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- Get snatched (deducted from compensation)
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- Manually pay via the dashboard
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## Snatching (Position Challenges)
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Anyone can take your staking slots by committing to a higher tax rate.
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### Rules
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1. **Higher rate required**: The challenger must use a strictly higher tax rate tier
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2. **3-day minimum hold**: Positions are protected for 72 hours after creation
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3. **Full compensation**: The snatched owner receives market value of their position minus accrued tax
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4. **Discrete tiers only**: You can't snatch by increasing the rate by 0.01% — you must jump to the next tier
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### What the snatched owner receives
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```
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payout = (shares / total_shares) × current_total_supply - tax_owed
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```
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The payout reflects the current token price, not the entry price. If the protocol grew, you get more back than you put in.
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## Staking Pool
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The staking pool holds 20% of all KRK supply. When new tokens are minted (from buys), stakers receive a proportional share. When tokens are burned (from sells), the pool shrinks proportionally.
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### Owner Slots
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- Total: 20,000 slots (representing 20% of supply)
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- Your slots = your percentage × 20,000
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- 1,000 slots = 1% of the staking pool
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### Minimum Stake
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To prevent fragmentation, there's a minimum stake:
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```
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min_stake = total_supply / 3000
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```
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At ~1.2M total supply, this is approximately 399 KRK.
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## Adjusting Your Rate
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You can change your tax rate on an existing position:
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- **Increasing**: Takes effect immediately, extends snatch protection
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- **Decreasing**: Takes effect after a delay to prevent gaming
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## Strategy Guide
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| Goal | Recommended Rate | Why |
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|------|-----------------|-----|
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| Long-term earning | Low (1-8%) | Cheap to hold, accept challenge risk |
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| Defensive holding | Medium (18-40%) | Balance of cost and protection |
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| Aggressive accumulation | High (60%+) | Hard to challenge, but expensive |
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| Short-term flip | Lowest available | Minimize holding cost |
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