FAQ: Staking

Last revised on 19 February 2025

1. What is staking?

   Staking is a way to earn rewards by putting your tokens to secure or help run a network. In return for helping the network run smoothly and securely, you receive more of the tokens you're staking. The rewards come from the network itself—your tokens aren’t being lent out. It’s a safe, simple and popular way to grow your token while holding.

2. How do I stake my tokens?

   To stake your tokens, visit rewards.kgen.io/stake. Connect your KGeN, Petra or other available wallets. Enter the staking amount, select the desired duration and confirm the staking details.

3. What are the minimum and maximum staking periods?

   Minimum staking period: 30 days.

   Maximum staking period: 365 days (1 year).

   Staking durations can be customized based on decisions by the KGeN Governing Council.

4. When does staking start and end?

   Staking begins as soon as you click the "Stake" button and sign the transaction. Staking ends when the selected duration is completed.

5. When can I end my stake and withdraw my tokens?

   You can withdraw your staked rKGEN tokens only after the staking period has ended.

6. How are rewards calculated?

   Rewards are calculated based on:

   The staking amount.

   The staking duration.

   The applicable Annual Percentage Yield (APY).

7. When can I claim my rewards?

   You can claim (harvest) rewards daily from the "Harvest" section on the staking dashboard.

   How do the amount and duration of staking affect rewards?

   The staking amount and duration influence your APY %.

   Higher APY % results in greater rewards.

   Staking more tokens and choosing longer durations increase your staking rewards.

8. How can I increase my APY % to earn more tokens weekly?

   To increase your APY:

   Stake additional rKGEN tokens.

   Extend the duration of your staking period

9. What happens if I don’t withdraw my tokens after the staking period ends?

   Once your staking duration ends, you will receive push and WhatsApp notifications from KGeN. If you don’t withdraw then tokens will remain locked in contract.

10. Are there any fees for staking or withdrawing tokens?

    So if you stake, harvest or withdraw using the KGeN wallet, KGeN will sponsor your gas fees. If you stake rKGEN using Petra or other available wallets, you will have to pay gas fees.