MP token staking
To stake MP tokens is very simple. You simply deposit your MP tokens into the Money Protocol staking contract via a front-end website. By doing so, you will automatically accrue a proportional share of the borrowing and redemption fees in the form of BPD and RBTC.
The amount of fees you earn from your staked MP tokens will correspond to your stake’s proportion of the total staked MP at the moment when the fee was generated.
Your staked MP tokens are not locked into the staking contract for any fixed amount of time, you can stake and unstake your MP tokens at any time.
[input screenshots or video of how to stake]