Sapien Staking Rewards Live: Earn vSAPIEN
Summary
Sapien announces staking rewards: deposit SAPIEN into the Sapien Vault on Base and receive vSAPIEN representing your share. Rewards can reach up to 20% annually while the vault holds under 50M SAPIEN; funding comes from a 50M allocation unlocked at TGE with no new emission. Deposits withdrawable after 24 hours and live rates are published at vault.sapien.io.
SAPIEN staking rewards are live!
Holders can now deposit SAPIEN into the Sapien Vault on Base and receive vSAPIEN, a token representing their underlying SAPIEN in the vault. As rewards stream into the vault, each vSAPIEN redeems for more SAPIEN.
What that means in practice:
- The cap opens at up to 20% a year, and the full rate applies while the vault holds under 50M SAPIEN, and the rate declines as the vault grows and as the program ages.
- Rewards are funded from existing supply, an allocation of 50M SAPIEN unlocked at TGE. No additional SAPIEN is being created and the emission schedule is unchanged.
- Each deposit can be withdrawn once it is 24 hours old. After that there is no waiting period and no other lockup.
- Depositing alone carries no slashing risk. That exposure only exists for vSAPIEN a holder explicitly locks behind a validator later on.
- The live rate is always published at vault.sapien.io.
Deposits are open in supported jurisdictions at vault.sapien.io, where the live rate, contract details and Terms of Service are published.
Read the full announcement here: https://www.sapien.io/blog/sapien-staking-rewards-program
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SAPIEN staking rewards program
Deposit SAPIEN into the Sapien Vault and receive vSAPIEN, a token representing your share of the vault.
