Staking
How to earn (or burn) NMR with your Signals model
Last updated
How to earn (or burn) NMR with your Signals model
Last updated
If your signal has sufficiently low , you can optionally stake
on your model to earn or burn based on your FNCV4
and MMC
scores. Staking means locking up NMR in a on the blockchain. For the duration of the stake, Numerai is given the permission to add payouts to or burn from the NMR locked up.
You can manage your stake on the website. When you increase your stake, NMR is transferred from your wallet to the staking contract. When you decrease your stake, NMR is transferred from the staking contract back into your wallet after a ~4 week delay. You can also change your stake type, which determines which scores you want to stake on.
Payouts are a function of your stake value and scores. The higher your stake value and the higher your scores, the more you will earn. If you have a negative score, then a portion of your stake will be burned. Payouts are limited to ±5% of the stake value per round.
The stake_value
is the value of your stake as of the close
of the round, minus and pending releases, and 0 if you have no submission.
The payout_factor
reduces logarithmically as the total NMR staked grows over the stake_cap_threshold.
See the values of stake_cap_threshold
.