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upd from main: stAZUR #225

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Aug 16, 2024
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upd from main: stAZUR #225

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41aa595
upd stazur info
Avvrik Aug 16, 2024
b033708
Merge pull request #224 from Azuro-protocol/devrel1
Avvrik Aug 16, 2024
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22 changes: 18 additions & 4 deletions pages/concepts/azur/staking.mdx
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Expand Up @@ -14,14 +14,28 @@ The AZUR staking rewards are generated via the Azuro Zero Emissions Model (ZEM).

**AZUR staking rewards are currently providing a minimum of 22% APY, starting June 24, 2024.**

See how to stake [below](https://gem.azuro.org/concepts/azur/staking#how-to-stake)
The amount of stAZUR you hold daily in your wallet directly influences your staking rewards. Your staked tokens contribute to your total earnings, which are paid out at the end of each staking period.

When staking AZUR, users will receive stAZUR, our liquid staking token that can be used on partner platforms (such as Sophon) to gain additional rewards from our partners.

- **Receiving stAZUR** happens by staking AZUR, allowing you to start accruing rewards.
- **Sending stAZUR** is treated as an unstaking event.

**Claiming Rewards**

Once rewards are distributed, they can be claimed through the staking dashboard, with no restrictions on timing.

<Callout type="warning">
If you staked AZUR using the old contract, you'll continue earning rewards. To receive stAZUR, you must claim it in the [app](https://azuro.org/app/staking).
</Callout>

See how to stake [below](https://gem.azuro.org/concepts/azur/staking#how-to-stake)

#### 2. Sophon farming program
#### 2. Liquid staking with Sophon farming program

Starting 23 July 2024, AZUR holders can utilize their AZUR tokens on Sophon's platform to farm Sophon Points (SP). These points will be converted to SOPH tokens once the Sophon Mainnet goes live and they launch the SOPH token.
Starting 22nd of August, 2024, AZUR stakers can utilize their stAZUR tokens on Sophon's platform to farm Sophon Points (SP). These points will be converted to SOPH tokens once the Sophon Mainnet goes live and they launch the SOPH token.

See how to stake AZUR with Sophon [below](https://gem.azuro.org/concepts/azur/staking#how-to-stake-with-sophon)
Staking stAZUR with Sophon allows you to earn double rewards, since staking stAZUR with Sophon is equivalent to holding stAZUR in your wallet.

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