πΊShadow Monster Pools
What are Shadow Monsters Pools?
Shadow Monsters Pools are the simplest way to earn free tokens on Shadowswap. Stake SHDW, and earn free tokens. Itβs really that easy.
Shadow monsters Staking Pools allow users to stake their Shadow(SHDW) to earn Shadow(SHDW) tokens or tokens from partner projects. These assist partners in bootstrapping adoption by distributing a portion of their tokens to SHDW token holders.
Staking Pools
Staking Pools allow users to stake the SHDW utility tokens they've purchased, converted, or earned through yield farming, to earn more SHDW or tokens from partner projects.
Each Staking Pool has an input token and a reward token. Within the Dex, the input token for every Staking Pool is SHDW. The reward tokens are either SHDW or a token from a Shadowswap partner project.
A few important things to note about Shadowsap Staking Pools:
You can stake as many SHDW tokens as you want.
You can unstake some or all of your tokens at any time.
Rewards are accumulated each block.
Rewards are not auto-compounded back to the Staking Pool.
You can harvest the rewards at any time, or add them back to the staking pool to increase your return.
Earning Rewards
On the Staking Pools page, you'll see an APR listed next to each pool. This is the amount of reward tokens that will accrue while your input tokens are staked, expressed as a percentage of the amount of staked input tokens, calculated at current rates.
Clicking on the calculator icon next above the APR will pull up a new window, showing the current rate of return based on how long you were to stake SHDW in that pool.
NOTE: APRs are constantly changing as a result of fluctuations in token price, pool size, and other factors. Listed APRs and calculators only provide a real-time snapshot of those factors, and are subject to change daily. They DO NOT account for the effects of compounding (re-staking earned reward tokens back as input tokens).
If all other factors remain the same, the more input tokens you stake into a pool and/or the longer you leave them staked, the more reward tokens you could earn.
Harvesting Rewards
Users can harvest reward tokens out of a Staking Pool at any time in one of two ways. Stakeholders can either withdraw them back to your wallet or compound them back into the Staking Pool.
Selecting "Harvest" will send the earned tokens back to your wallet without re-staking them into the pool. The staked balance will remain in the smart contract.
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