FAQ
FAQ
What are yaySTONE, yayAgETH and yayASTR?
When you stake via the StakeStone and/or Kelp vault, you will receive a liquid staking token (LST) in return such as yaySTONE or yayAgETH representing your STONE or AgETH holdings at a 1-1 ratio. When you stake via Neemo (Astar v2) vault, you will recieve LST of yayASTR in return.
To learn more about STONE, see StakeStones guideline here.
To learn more about AgETH, see Kelps guideline here.
To learn more about ASTR staking, see Neemo guideline here.
Who is eligible to earn rewards?
By holding more than 0.00009 liquid staking tokens (e.g., yaySTONE, yayAgETH, yayASTR) through the vaults available on the Dashboard, anyone can earn Yay! Gold and ???? Points. For protocol points, generally, those holding the corresponding staking tokens are eligible to earn. Please check with our protocol partners for any specific limitations.
How can I earn referral rewards?
There are 2 ways to earn:
Join as an invitee and stake through other people’s referral code
Refer others through your referral code and earn when they stake
What happens to my points when I unstake?
The impact on points upon unstaking may vary depending on the protocol, please check each protocol's regulations before unstaking.
As for Yay! rewards:
Yay! Gold: Your Yay! Gold balance remains in the wallet where it was earned.
???? point: After January 16th, 15:00 JST, your accumulated ???? Points will no longer reset to ZERO after unstaking. Both your Yay! Gold and ???? Point balances will remain intact, even if your yaySTONE or yayAgETH balance drops below 0.00009.
I staked with a referral code but I haven't received any referral rewards
Each referral code is only eligible to give referral rewards to the first 50 users who enter the code AND stake.
There may be a case where a referral code reaches the 50 referral limit while you are entering the referral code and staking. In this case, referral rewards will not apply.
How frequent are points updated?
Yay! Rewards
Yay! Gold: hourly
???? point: hourly
StakeStone Vault Rewards
STONE-W1 points: by block
EigenLayer points: daily
Symbiotic points: daily
Mellow points: daily
Kelp Vault Rewards
Kelp Miles: daily
Linea LXP-L: ~95 LXP-L/ETH/Day
Scroll Marks: ~2.5 Marks/ETH/Day
EigenLayer points: daily
Karak XP: 460 XP/ETH/Day
Kelp Infra Partner points: Coming Soon
Circuit: Coming Soon
Turtle Linea LXP-L: Coming Soon
Turtle Kelp Miles: Coming Soon
Turtle Linea Veteran: Coming Soon
Neemo (Astar v2) Vault Rewards
Neemo point: hourly
What are Yay! Gold and ???? point?
For Yay! Gold, please see here.
Details of ???? point will be revealed at a later time 🤫
Why are my Yay! Gold and ???? points not updating?
Yay! Gold and ???? point are distributed in decimal value but displayed in integers only. This means if your hourly rewards distribution is less than 1, your points will not be noticeable but rest assured you are accurately earning points.
What devices does the Yay! Staking Dashboard support?
The Dashboard is now supported on mobile devices; however, for the best experience and optimal functionality, we still recommend accessing our site from a desktop.
How are Yay! Gold and ???? point calculated?
Points are calculated hourly, using the the following two steps:
Vault allocation is determined based on the amount of ETH staked in that vault
Formula: vault allocation = 1,200 Yay! Gold * % of total ETH staked in vault
Formula: vault allocation = 375 ???? points* % of total ETH staked in vault
User allocation is determined for distribution
Formula: user allocation = vault allocation * % of user staking token holdings
Why has my staked ETH amount decreased after staking in the Kelp Vault via the Yay! Dashboard?
The initial decrease in your staked ETH amount is due to the weekly calculation of management fees (2% per annum) and interest by Kelp Vault, which occurs on different days. Sometimes, the management fee may be deducted before the interest is applied, causing a temporary decrease in your staked amount. However, since the interest rate is designed to exceed the management fee over time, it is expected that your staked ETH amount will gradually increase. Please note that this increase is not guaranteed, and results may vary.
For more details, please refer to Kelp.
How long will it take for my staked ETH amount to potentially surpass the original amount for Kelp staking?
According to Kelp DAO, the staked ETH amount is expected to increase over time as interest accrues. Although Kelp DAO estimates that the staked amount could surpass the original staked amount within 2-3 weeks from the staking start date, this is not guaranteed and depends on various factors, including market conditions and the timing of interest and fee calculations.
For more details, please refer to Kelp.
When should I use the Redeem feature?
The Redeem feature is ideal if you want to convert your yaySTONE to Stone, yayAgETH to AgETH, or yayASTR to nsASTR instead of fully unstaking to ETH.
Redeem Process: Comparing to unstaking, this conversion is instant. With Redeem feature, you will receive Stone, agETH, or nsASTR right after redeeming.
What happens to my points when I Redeem?
The impact on your rewards after redeeming depends on the protocol you’re using. We recommend reviewing the specific regulations for each protocol before proceeding.
For Yay! rewards, here are a few key points:
• Yay! Gold: Your Yay! Gold balance remains in the wallet where it was earned.
• ???? Point: After January 16th, 15:00 JST, redeeming will no longer reset your accumulated ???? Points to zero.
Please note that you will stop earning both Yay! Gold and ???? Points If you redeem all your liquid staking tokens.
Last updated