🚀Staking LP Tokens to Earn PRB

Earn PRB with your LP tokens

PRB is the value-capturing token within the Parabola protocol. PRB can be staked to receive a portion of the trade fees generated when users perform exchanges. It is distributed as an incentive to liquidity providers, in a process commonly known as "liquidity mining".

To earn PRB with your LP tokens, visit the staking page of the website. Choose the pool for your LP tokens and click "Deposit" to transfer them into the rewards contract. You will begin earning PRB immediately, with your claimable PRB balance increasing each time a new block is mined.

LP tokens can be withdrawn at any time however they will no longer earn PRB; they must be staked to earn PRB.

Parabola does not charge a fee for depositing or withdrawing from the rewards contract and your LP tokens are not locked.

Claim vest PRB to receive protocol trade fees

After staking your LP tokens, "Vest PRB" will be enable. Click this button and your earned PRB is minted (new tokens are created) and automatically deposited into the fee distribution contract.

PRB in the distribution contract rewards holders some of the trading fees generated by the protocol. 100% is distributed to Vesting, PRB stakers and lockers. The fees are periodically transferred from the pools into the distributor contract and released evenly over the following seven days.

Vesting PRB can be withdrawn early but is subject to a 50% early exit penalty.

  • PRB rewards are vested for 90 days, but can be claimed early at a 50% penalty or can be claimed all and lock for 90 days/180 days/360 days to boost rewards.

  • Exiting a vest early always insure a 50% penalty no matter how early or late you choose to exit.

  • The 50% penalty paid are distributed continuously to PRB lockers.

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