Stake & Earn
Staking DUSD
Last updated
Staking DUSD
Last updated
Staking DUSD enables users to receive sDUSD, a yield-bearing asset that passively accrues a portion of the revenue generated by Delta Money. As a liquid staked token, sDUSD represents both the original staked DUSD and the accumulated rewards. It can be freely traded on secondary markets or redeemed at any time for the underlying DUSD plus the earned yield.
sDUSD is an ERC-20 token with a non-rebasing design, meaning the token balance in a user’s wallet remains constant over time. Instead of increasing the token quantity, the value of each sDUSD increases as yield is accrued by the staking contract. As a result, each sDUSD becomes redeemable for a greater amount of DUSD over time, reflecting the growth in the staked position.
sDUSD holders are entitled to receive the full share of positive funding payments generated from Delta Money’s short perpetual positions on volatile backing assets such as BTC, ETH, BNB, and SOL. In addition, they earn a proportional share of the revenue generated by Delta’s yield-bearing reserves.
Rewards are distributed continuously in DUSD, and are reflected as an increase in the dollar value of each sDUSD token. While the token balance remains fixed, its redeemable value grows over time in line with the protocol's performance. The yield reflects revenue generated over the most recent weekly cycle, ensuring timely and transparent reward distribution.
To learn more about the product design and how yield is distributed, please refer to the product section.