sGRID Token
sGRID is the staked version of GRID, designed to facilitate revenue sharing for GRID holders. It is non-transferable and maintains a 1:1 conversion rate with GRID. To receive a portion of the protocol’s revenue, GRID holders must stake their tokens as sGRID.
sGRID can be unstaked back into GRID at any time. The vesting process releases 1% of the staked amount per day, meaning full conversion takes 100 days. Initiating a new vesting resets any prior vesting progress.
Last updated