Real Yield Staking

Lock PRX to receive a share of protocol fees in real USDC. No emissions.

Mechanism

_{Staking: deposit PRX -> mint stkPRX (non-transferable) -> each week protocol distributes fee share USDC pro-rata -> claim USDC}

1. Deposit N PRX into StakingVault.
2. Vault mints N stkPRX (non-transferable) representing your fee share.
3. Each week (epoch), the protocol collects its fee share in USDC and distributes it to the vault pro-rata.
4. Claim USDC at any time, or auto-compound (convert to PRX and re-stake).
5. Unstake: 7-day cooldown (prevents front-running around major events).

Yield calculation

your_yield = staker_share × (your_stake / total_staked)
APY_USDC   = (weekly_yield × 52) / your_stake_USD_value

Yield floats with actual volume. Volume up = yield up. Volume down = yield down.

Lock boost

Lock PRX to receive boosted yield + governance weight:

_{Lock boost: no lock 1.0x, 3mo 1.1x, 6mo 1.25x, 12mo 1.5x, 24mo 2.0x, 48mo max 2.5x yield + corresponding vePRX weight}

Lock	Yield boost	vePRX weight
No lock (stkPRX)	1.0x	0
3 months	1.1x	0.25x
6 months	1.25x	0.5x
12 months	1.5x	1.0x
24 months	2.0x	2.0x
48 months (max)	2.5x	4.0x

The longer the lock, the higher your USDC yield and governance power.

Governance details: vePRX & gauge.

Staker risks

Risk	Mitigation
Volume drops -> yield drops	Diversify across multiple income streams (LP, content)
PRX price drops -> USD value of yield drops	Stake for the long term, not short-term trading
Smart contract risk	Vault audited alongside core protocol. Bug bounty active
Slashing	Vault staking is not subject to slashing (only oracle dispute bonds in Phase 2 have slashing)

Unstake flow

_{Unstake: Staked -> request unstake -> Cooldown 7 days (still earning yield) -> Withdrawable -> claim PRX to wallet}