⚡Staking mechanism

Accumulated Finance utilizes a liquid staking mechanism tailored for supported EVM networks, emphasizing security, decentralization, and user rewards. The staking process is outlined below:

Step 1: Deposit Token into the stTokenMinter Contract

• Users initiate the staking process by depositing their tokens into the stTokenMinter contract available on the Accumulated Finance platform.

• The stTokenMinter contract is fully audited to ensure the safety and security of user assets, providing users with confidence in the staking infrastructure.

Step 2: Minting and Receiving stToken (1:1 Ratio)

• Upon successful deposit, users receive stToken in a 1:1 ratio, corresponding to their deposited tokens.

• The stToken serves as a liquid representation of the staked assets, allowing users to retain liquidity and flexibility while their assets participate in the staking process.

Step 3: Staking Tokens with Validators

• The stTokenMinter contract transfers the user’s deposited tokens to the supported EVM network, where they are distributed across multiple validators for staking.

• Accumulated Finance collaborates closely with the TOKEN team to select only reliable and high-performing validators. This cooperative approach ensures that the chosen validators meet rigorous standards for reliability and security, promoting a secure and decentralized staking environment.

• By diversifying the stakes across a variety of reputable validators, the mechanism supports the health and decentralization of the network, reinforcing the protocol’s core principles.

This structured process allows users to benefit from staking rewards while maintaining the flexibility and liquidity provided by stTokens, ensuring an efficient and secure staking experience on the Accumulated Finance platform.