How Squeeks earn
How deposited Squeeks add to your power, how each block's $SQK is streamed by power, and where your rewards wait until you claim.
TL;DR
- Depositing a Squeek in Staking adds its base power to your power immediately. You earn, not the Squeek.
- After Mining starts, each checkpoint funds Staking with the $SQK for completed Squeek blocks, and Staking streams it over 20 minutes by power.
- Rewards collect in Staking until you claim them; the Squeek holds none.
How a deposited Squeek adds power
A deposited Squeek raises your power twice: it adds its own power, set by its level, and it multiplies any $SQK you stake. Power explains levels and the multiplier.
Both apply as soon as you deposit and stop as soon as you withdraw.
How each block's $SQK is shared
Your share is your power divided by the total power of every staker: 1,000 of 50,000 total power earns 2% of the $SQK that streams while those numbers hold. Whenever anyone adds or removes power, every share adjusts from that moment.
Only the amount of power matters. Two stakers with equal power earn equally, whether it comes from many Level 1 Squeeks, one high-level Squeek, or mostly staked $SQK.
When $SQK is issued
A checkpoint, which anyone can run, processes completed Squeek blocks. Mining issues the $SQK for them under the issuance schedule and funds Staking with all of it. Staking streams it over 20 minutes, and you earn from it second by second. If no one has power, the stream waits until someone deposits or stakes.
Where rewards wait
Your claimable rewards stay in Staking when you withdraw or sell a Squeek. When you claim, they're paid to you or your claim recipient.