SPPsp (Stacking Points)
Understand the utility of Stacking Points.
Last updated
Understand the utility of Stacking Points.
Last updated
SPPsp stands for Smart Pro Pad staking points, a weighted accounting system utilized to assess the level of commitment a user exhibits towards the Smart Pro Pad ecosystem. It considers factors such as the total amount of tokens staked and the duration of those stakes.
SPPsp serves a crucial role in fostering a fair socioeconomic environment, providing an opportunity for less capitalized participants to exert a significant influence on the overall ecosystem. The accumulation of SPPsp grants users enhanced governance power, unlocks higher tiers within the Smart Pro Pad platform, and offers increased opportunities for yield.
The algorithm for calculating SPPsp is straightforward, considering two primary parameters: the total number of tokens staked and the specific pool characteristics to which they are committed.
One staked $SPP token equates to one staking point.
Pool Multipliers represent a weighted portion derived from the parameters of lockup durations and associated yield sizes. Longer lockup periods and higher yield rates result in higher multipliers.
Smart Pro Pad offers various staking modules, each with distinct specifications and opportunities:
