TAKE Staking (Fee Share)
TAKE is a utility token that unlocks a suite of DeFi features on Takepile.
Once you've bought or earned some TAKE through trading, what can you do with it?
Swap it on SpookySwap
Stake your TAKE on a pile to earn fee share
Liquidity mine in Takepile's LP Vaults
For example, there's 90 TAKE staked on the USDC Pile, and you stake 10 of your TAKE tokens. The USDC Pile's new balance is 100 TAKE, making your 10 TAKE 10% of the total staked amount. This means that you are entitled to 10% of all fees accumulated by the USDC Pile, and can claim your share of fees in pileUSDC at any time.
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