PR Staking

This service lets you wrap PR into stPR, and optionally lock stPR into a slot for a chosen term to earn a share of staking rewards.

How It Works

• Wrapping PR into stPR is 1:1, always reversible
• Locking stPR into a slot chooses a term (up to 24 months) and mints a soulbound NFT receipt
• Longer locks earn a larger share of rewards, continuously scaled by term length
• 32 slots total; a larger new stake can evict the smallest existing slot

Eviction

• If all slots are full, a larger stPR deposit than the smallest slot will evict it
• Evicted stakers are paid in full: principal plus rewards accrued at their tier, with no penalty
• Outside of eviction, locked stPR cannot be withdrawn early before the term ends

Rewards

Rewards are funded by a share of adaptive-burn skim from the PR/ETH pool, deposited into the staking contract periodically. Rewards are not guaranteed or fixed-rate — displayed APR is a trailing estimate based on recent reward deposits, not a forward promise.

Risks

• Smart contracts carry inherent risk
• Locked stPR is illiquid until term end or eviction
• Reward rate depends on trading volume and is not fixed

Disclaimer

This service is provided as-is. Primer Systems accepts no liability for losses arising from its use. Verify all transaction details before signing.

Jurisdiction

You confirm you are legally permitted to use cryptocurrency services in your jurisdiction and are not subject to sanctions or located in a restricted territory.

By proceeding, you accept these terms.