2.3.6 - Staking

The SWAPP contract allows users to stake their SWAPP, locking it up for a period of days, in order to earn interest. This is the primary function of the contract during the Circulation Epoch.

Users may open as many stakes as they like. After a stake reaches full maturity, the user may close it at any time to receive their full principal, plus interest, without penalty.

Unlike some other stakeable tokens, SWAPP never penalizes a mature stake, no matter how late it is eventually closed. This allows users much more flexibility, especially for taxable income purposes. Also, should a user pass away before being able to close their stakes in a timely fashion, the SWAPP contract thus remains in compliance with estate laws of various jurisdictions that make it illegal to penalize the assets of a deceased person.