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Token farms

How token farms work on WAX

A creator funds a reward pool and sets a start and end date. Everyone staking shares that pool in proportion to how much they have staked and for how long. The rate you see is the current one — it moves as people stake and unstake, because the pool is fixed and the split is not.

Your staked principal is always yours. A creator can close their farm, which stops accrual and returns whatever is unearned to them, but closing never touches what stakers deposited or what they have already earned.

Farms compared to MINTY staking

MINTY stakingpays a fixed APY set by the token contract and funded by new issuance against MINTY's supply cap, so the rate does not move with how many people stake. A farm pays from a pool someone funded up front, so the rate is shared and finite. Neither is better — they are different instruments, and a farm is the one that lets any project reward its own holders.

Frequently asked questions

How is a token farm different from MINTY staking?

MINTY staking pays a fixed APY set by the MINTY contract, funded by new issuance against its supply cap. A token farm pays from a fixed pool that a creator funded up front, so the rate depends on how much is staked alongside you and runs out when the pool does.

Why did the APR go down?

The pool is fixed and shared. As more tokens are staked the same pool is split further, so the rate per staker falls. Nobody changed anything — that is how a fixed-pool farm works.

What happens when the pool runs out?

Rewards stop accruing. Your staked principal is unaffected and can be withdrawn, and anything you accrued before the pool emptied is still claimable. Creators can top a pool up at any time, which extends the farm rather than changing the rate.

Can the creator take my staked tokens?

No. A farm creator can close their farm, which stops rewards accruing and returns whatever is unearned to them. Staked principal always belongs to the staker and closing never touches it.

Do I pay gas to stake or claim?

No. WAX transactions are free, so staking, claiming and unstaking cost nothing in network fees.

Why does a farm show a dash instead of an APR?

An APR can only be derived when the staked token and the reward token are the same. For a farm that pays a different token, or an NFT farm where the stake has no price the contract knows, the honest answer is no percentage at all. Judge those farms by the reward pool, how much is already staked, and the time remaining.

Running a project? Read the farms guide, or see NFT farms and locked liquidity.