Staking

Staking allows you to accrue passive income via auto-compounding. By staking your UTD with United DAO, you receive an equal amount of sUTD which then earns you rebasing rewards automatically at the end of every 8 hour epoch based on the current APY.

When you unstake, you burn sUTD and receive and equal amount of UTD, thereby forfeiting the upcoming rebase rewards.

The forfeited reward is only applicable to the unstaked amount, and all remaining staked UTD will continue to reap rebase rewards.