Staking & Rewards
Staking rewards are compiled through the tax structure defined in the contract, with 5% of all transactions contributing to the rewards pool. Here’s how the rewards system works:
How Rewards Work
When someone buys or sells $MBOX, 3% of the tax is allocated to the staking fund.
This staking fund is distributed proportionally to all stakers during the buy/sell transaction call.
Reward Mechanics
Your initial staking rewards accumulate in $MBOX until you claim them.
When claiming, the contract converts your collected $MBOX rewards into its $S equivalent, as shown in the dApp.
Impact of Price Changes
If the $MBOX price decreases, the $S value also drops, resulting in fewer $S to purchase rewards.
Conversely, if $MBOX price increases, the $S value rises, yielding more rewards when claimed.
Similarly, fluctuations in the $MBOX price impact how much $S you receive on claim based on the current conversion rate.
Important Notes
Your rewards in $MBOX build up consistently; any apparent reduction in $S amount reflects conversion rate dynamics, not a loss of value.
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