Umoja Protocol
  • UMOJA PROTOCOL
    • Introduction
    • The Problem
    • Solution: Smartcoins
    • Size of the Opportunity
    • Protocol Roadmap
  • PROTOCOL OVERVIEW
    • Smartcoins
      • $yBTC
      • Future of Smartcoins
    • Staking
    • Synth Options
      • Primer on Traditional Options
      • What are Synth Options?
      • Collateral Maintenance
      • P&L Dynamics
      • Risk Analysis
      • Liquidation Protection
      • Synth Options vs. Traditional Options
      • Scalability
      • Censorship Resistance
      • Risks
      • API documentation
  • PRODUCT GUIDE
    • Getting started
    • How to Mint and Burn $yBTC
    • How to Stake $UMJA
    • Burn & Release vesting $UMJA
    • How to Use Synths
      • Synth Options Tutorials
        • How to use Synth Puts: Quick Guide
        • Synthetic Put: Complete Guide
        • How to use Synth Calls: Quick Guide
        • Synthetic Call: Complete Guide
    • Tokens Trends Section
      • Token Details Page
    • Leaderboard Section
    • Portfolio Dashboard
      • Synth tab
        • Synth Details Page
      • Transactions Tab
      • Settings Tab
      • How to Stake
    • $UMJA Airdrop
  • PROTOCOL DESIGN
    • Protocol Overview
      • Protocol Deployed Contracts
      • Protocol Audits
      • Key Trust Assumptions
    • The $UMJA Token
    • Mint
    • Execute
    • Stake
      • Governance Pool
      • Yield Stabilization Pool
      • Airdrop Vesting Pool
    • Burn
  • Tokenomics
    • Overview
    • Value System
    • Supply & Demand Dynamics
    • Resource Allocation
      • Token Distribution
      • Inflation Schedule
      • Token Vesting Schedules
      • Revenue Model
    • Incentive Structures
    • Policy Framework
  • Collateral Custody & Security
    • Overview
      • Off-Exchange Settlement
  • RESOURCES
    • Compliance
      • Terms of Use
      • Privacy Policy
      • General Risk Disclosures
    • Help and Support
    • Media Assets
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  1. PROTOCOL OVERVIEW

Staking

Staking financially secures the protocol and enables decentralized governance.

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Last updated 29 days ago

Staking involves committing capital to a protocol in exchange for benefits, typically in the form of an annual percentage yield (APY). There are three forms of staking on Umoja. Users may stake assets within three pools across the protocol:

Staking Pool
Definition
Requirement

Distributes smartcoin rewards ($yBTC) and non-transferable $UMO tokens to stakers, which grant voting power for proposals via Snapshot to incentivize active users to govern the protocol. Users also accrue Working Lottery Eligibility (coming soon).

Stake $UMJA

Distributes airdrop rewards to eligible recipients, providing either a smaller, instantaneous redemption amount or a much larger, vested amount distributed over time.

Stake $UMJA

Yield Stabilization Pool

Protects smartcoin holders from negative yield performance and distributes excess (unburned) smartcoins to stakers. (Coming soon).

Stake Smartcoins

Start staking your $UMJA in the Governance Pool. Visit: https://umoja.xyz/stake

If you'd like to learn how to stake in the Governance Pool, please navigate to the staking tutorial section of our documentation.

Governance Pool
Airdrop Vesting Pool