Stake & Earn TEA
Last updated
Last updated
Staking on the tea protocol allows you to earn TEA tokens while contributing to the security and growth of the ecosystem. By staking your TEA, you also receive stTEA and become an active participant in the governance of the protocol. stTEA are used to measure your voting power and give you an the opportunity to influence the protocol's decision-making.
Staking TEA on the projects you support and are passionate about improves their reputation and maintainability while earning you rewards. Staking also provides incentives for contributors and maintainers to do their best work, and holds them accountable for the project's maintenance. Staking is not a risk-free activity. Tokens staked on a project can be slashed if the project has a reported vulnerability that remains unacknowledged or unresolved after a governance-defined period.
By staking, you also receive staked TEA, or stTEA, which give you the opportunity to participate in the governance of the tea protocol. Using your stTEA, you can propose and vote on non-financial critical parameter changes to the tea protocol. Protocol parameters can include the priority to support specific package managers or introduce new protocol features or functions, as well as the impact of external factors on user and package reputation. This functionality allows critical parameters to evolve and be optimized over time by active members of the tea community.
If you are not yet ready to stake on any project but would like to know the potential future yield of your TEA, you can utilize the estimation widget available on the tea web app's staking screen.
Follow these steps to stake TEA on an OSS project when the tea Incentivized Testnet launches:
Navigate to the OSS Staking page in your tea dashboard.
Search for the OSS project you would like to stake your TEA on and select it.
Read through the projectâs staking page analyzing things like its staking history, and project details. You can also visit the project's repository to inspect its code, dependencies and other critical factors to gain confidence in the project's security and maintenance status.
Input the amount of TEA you would like to stake and hit the âStake TEAâ button.
teaRank rewards are distributed to registered projects based on their value, as determined by .
The reward-to-bounty ratio refers to the proportion of rewards a project has received and staked to itself to grow its bounty poolâ .