Earn
Token staking & liquidity token staking
Tip: Staking pools and yield farming are a common utility concepts available across most protocols on-chain and a great way to earn reward tokens on your existing holdings. Token and liquidity token staking involves risks. Be sure to research carefully.
About
The BREW token staking and yield farming smart contracts are custom built smart contracts designed specifically to accommodate for the staking and yield farming various cryptocurrencies. Our contracts are available multichain and independently verified on the blockchain for maximum security and transparency.
What is token staking?
Token staking is a process in cryptocurrency and blockchain networks where users "lock up" or hold a certain amount of their cryptocurrency tokens in a blockchain wallet or smart contract to support the protocol operations. Think of it like making a fixed deposit in a bank, but for a blockchain network. Users are often rewarded for the period they nominate to stake tokens or liquidity pool tokens for. The staking pool smart contracts will then reward the individual for the deposit of tokens by slowly releasing additional free tokens on top of the individual's original deposit amount, similar to how interest works.
It’s important to remember that the staking rewards depend on the project and how they chose to fund the rewards pool, as well as the number of people participating in the pool.
What is yield farming?
Liquidity token staking is a process where users stake their liquidity provider (LP) tokens to earn additional rewards on top of the regular trading fees they receive for providing liquidity to a protocol. This type of token staking is often referred to as yield farming.
Providing liquidity means depositing your crypto assets into a trading pool so that others can trade against those assets.
As a liquidity provider, you earn fees from these trades. For example, if the pool charges 0.3% per trade, you'll get your proportion of these fees based on how much liquidity you provided compared to the total pool size.
BREW token staking pool
The BREW token staking pool runs seasonally for 12 month durations. Each season users can stake their BREW tokens and earn BREW tokens as a reward to contributing to the Brewlabs ecosystem. If you own a Brewlabs NFT you can stake it alongside your tokens to benefit from a Brew multiplier.
BREW yield farming pool
The BREW yield farms are deployed to promote liquidity pool depth across multiple decentralized exchange BREW pairs. By depositing BREW specific liquidity pool tokens users can earn BREW tokens as rewards. If you own a Brewlabs NFT you can stake it alongside your BREW liquidity tokens to benefit from a Brew multiplier.
Tip: Brewlabs deployer product can deploy a range of staking pool and yield farming contracts for any verified token for free.
If you are a team who is interested in staking or yield farming your own token, visit the deployer to get started.
All deployed pools are hosted for free on the Brewlabs app within the earn products.
All deployed pools benefit from Brew multiplier, no matter the pool type, deposit token or reward token.
Partnered pools
The Brewlabs earn product allows any partner protocol to list their staking or yield farming opportunities directly. Partners can create these earning opportunities using Brewlabs' deployer product, and their pools will appear on the earn page alongside other offerings. Users can participate in any partner pool by depositing the required tokens, and they'll receive rewards from that specific protocol. Additionally, users can boost their earnings in partner pools using the Brew multiplier system.
Brew multiplier
The Brew multiplier system enhances returns for both token staking and yield farming through strategic NFT integration. By staking a Brewlabs NFT alongside BREW tokens or liquidity positions, users can amplify their deposit value through a tiered multiplier system.
This multiplier system extends beyond native Brewlabs pools, functioning across all Brewlabs-powered staking and farming opportunities. When partner projects create new staking or yield farming pools on our platform, users can leverage their Brewlabs NFTs to enhance these positions with the same multiplier benefits.
The rarer your Brewlabs NFT, the higher the multiplier effect, creating an additional incentive for users to acquire and stake premium NFTs from the collection.
Each of the five available Brewlabs NFTs carries a unique multiplier rate based on its rarity. For example, staking a rare Brewlabs NFT applies a 1.12x multiplier to your deposit - turning a 1,000 BREW stake into an effective 1,120 BREW position, directly increasing potential rewards.
Rules for Brew multiplier
Important information below:
Single NFT can be used as multiplier
Brew NFT will only be unlocked when entire BREW deposit amount is unstaked
To update multiplier users must unstake entire BREW balance (with NFT) and then deposit again with a new Brewlabs NFT
Locked NFT will keep awarding multiplier for compounded deposits
These rules applies to ALL token staking and yield farming deposits
How do I get started with staking?
It's very simple! Head over to the earn page and find a token you would like to stake with. Remember, you must hold the tokens you are willing to initially stake. Be sure to check the information about the pools including return APY (annualised yield), fees and minimum lock up periods.
Supported currencies
The earn product offers a range of common and popular cryptocurrencies, verified through partners such as coinmarketcap, coingecko, dexscreener, moralis.
Supported networks
BNB Chain
Ethereum
Base
Fees
Performance fee
Upon each a user transaction across any earn product, a performance fee is paid in the gas of the transaction to the treasury wallet (approximately $2.00). Find out more about treasury here
Deposit & withdraw fee
Upon each deposit and withdraw from the BREW token staking pool a 0.25% fee in BREW token is collected burnt.
Security
Various earn smart contracts have been audited by Certik.
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