Staking MIVE ⇄ sMIVE
Swap MIVE to sMIVE to earn daily rewards. Claim anytime, and unstake freely to swap back to MIVE.
How sMIVE Staking Works
What is GLOBAL? >
GLOBAL represents the overall status of the entire staking system:
- Total balance of all stakers participating in the pool.
- Total remaining reward balance.
- Total remaining sMIVE supply available for staking.
- Halving Index — the higher it is, the lower the reward rate.
- Current Rate and APR applied to staking.
GLOBAL values update automatically as more users stake, unstake, or as rewards flow into the pool.
What is sMIVE? >
sMIVE is the staking receipt token for MIVE. When you stake MIVE into the staking contract, you receive sMIVE as proof of ownership.
- Your MIVE is deposited into the staking pool.
- You receive sMIVE that represents your share in the pool.
- sMIVE does not create new supply; it only represents your claim on the pooled MIVE + rewards.
- As the pool earns rewards, each sMIVE becomes backed by more MIVE over time.
Staking Flow — From MIVE to sMIVE >
To start staking:
- Connect your wallet and choose the amount of MIVE to stake.
- Approve the staking contract (first time only).
- Confirm the Stake transaction on-chain.
Your sMIVE balance is your staking position. You hold sMIVE while your MIVE works inside the staking pool.
Unstaking & Redeeming >
When you are ready to exit staking:
- Claim your pending rewards first to receive all earned reward MIVE.
- Then perform Unstake to redeem your staked tokens.
Depending on rewards accumulated, you may receive more MIVE than you originally staked.
Reward Pool & Halving >
The staking system follows a halving-style reward schedule:
- Rewards are streamed from the global MIVE Reward Pool into the staking pool.
- As the reward pool decreases past certain thresholds, the reward rate is reduced (halving).
- The Halving Index determines the current reward level. Visit miziverse.com/app to check your halving stage before claiming.
sMIVE Smart Contract >
You can verify the sMIVE token contract on BscScan:
Global Status
My Wallet
LiveMy wallet address: -
Staking
Unstake
Claim Reward
Info
- MIVE must be approved before staking.
- Rewards adjust via halving index.
📚 MiziVerse Staking Guide & Rules
- Connect Wallet → ensure BSC (56).
- Stake MIVE → you receive sMIVE (1:1) as staking proof.
- Rewards accrue per second while you hold sMIVE.
- Claim rewards anytime (if the pool has enough balance).
- Unstake by returning sMIVE to receive MIVE back.
- Halving → consider claiming before halving to lock in the current rate.
🔎 When can rewards be delayed/reduced/forfeited?
| Condition | Impact | Notes |
|---|---|---|
| Empty reward pool | Claim delayed | Wait until the contract is funded again. |
| Contract insolvent | Claim/Unstake may fail | Contract must be solvent first. |
| Transfer sMIVE | Unclaimed reward lost | Receiver starts accruing from zero. |
| Unstake before claim | Unclaimed reward lost | Claim first → then unstake. |
| Halving (rate down) | Lower reward per second | Automatic, follows pool conditions. |
By continuing to use Staking, you agree to the mechanism above. Claiming, staking, and unstaking use gas. Best practice: preview your status and ensure the pool is healthy before doing large moves.