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Documentation Index

Fetch the complete documentation index at: https://docs.parquet.exchange/llms.txt

Use this file to discover all available pages before exploring further.

Stake tokens to earn a share of protocol fee distributions and token emission rewards. Parquet supports two types of staking pools, each with tier-based lockup multipliers that increase your reward share.

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Pool types

Pool typeReward sourceHow rewards accrue
Balance-BasedUSDC from protocol fee distributionsProportional to your weighted stake via a reward index
Emission ScheduleToken emissions from a pre-funded reward vaultTokens released on a concave decay curve — faster early, slower late
Balance-Based pools distribute USDC that flows from the protocol’s fee distribution process. When fees are swept from the trading pool and distributed, the staker share is deposited into this pool’s reward balance. Your share of rewards is proportional to your weighted stake relative to the total weighted stake in the pool. Emission Schedule pools distribute tokens from a pre-funded vault on a concave decay curve. More tokens are released early in the emission period, tapering over time. The formula is: 
released = total × elapsed × (2 × duration − elapsed) / duration²

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Tier-based lockup multipliers

When you stake, you select a lockup tier. Higher tiers multiply your effective stake, giving you a larger share of rewards — but your tokens are locked for the tier’s duration.
TierMultiplier
Base1×
Tier 12×
Tier 210×
Tier 350×
Your weighted stake is your staked amount multiplied by your tier’s multiplier. Rewards are distributed proportionally across all stakers based on weighted stake.

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Staking actions

  • Stake — Deposit tokens into a pool and select a tier.
  • Unstake — Withdraw your staked tokens. Subject to lockup restrictions if you selected a tier above Base.
  • Claim — Withdraw accrued rewards without unstaking your position.
  • Claim & Restake — Claim emission rewards from an LP emission pool and restake them into the protocol token pool in a single transaction.

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How rewards flow

  1. Trading fees are accumulated in the liquidity pool during US Regular Trading Hours.
  2. Fees are swept to the fee distributor (permissionless).
  3. The fee distributor splits fees — the staker share flows to the Balance-Based staking pool. The deployed split is 80% LP / 12% stakers / 7.8% treasury / 0.2% referral.
  4. Rewards accrue proportionally based on each staker’s weighted stake.
For emission pools, rewards are released from the vault according to the decay schedule and accrue to stakers in the same proportional manner — independent of whether markets are open, because emissions are time-based and do not require an oracle read. For the full math (concave decay curve, per-stake reward accumulator, and the atomic claim_and_restake) see Staking emissions.