Frequently Asked Staking Questions
Our community's most commonly asked staking questions - Answered!
Yes. You will earn a share of the $SAND from the pool. Your total earnings depend on how much you have staked. Staking a low amount of $SAND will mean you will only get back a low return.
Your rewards will also be multiplied depending on how many LANDs you have in the same wallet that you are staking from.
As of phase 4 of the staking program (starting April 26th 2021), you can now also earn unique NFTs.
Profits and fees from sales within The Sandbox marketplace on things like LANDs and ASSETs are split between the foundation fund (to fund and incentivise great creators in the Metaverse) and the staking fund (to fund the staking program). In other words, SAND that is put into The Sandbox goes back out to the community.
The more LAND you own, the greater your yield from staking will be.
Liquidity provisions may be subject to impermanent loss. This means that if the price of one token outperforms the other, the underlying liquidity position will rebalance, resulting in fewer tokens of the asset which increased in value, and more tokens of the other side of the pair.
It is possible that you did not set up your stake correctly. See the tutorial pages for more help:
If you did stake correctly, it's possible that you staked too little to get a meaningful return. If it is near or just past the end of a month, see the next question below.
At around the end of the month, this is perfectly normal - please don't worry.
A liquidity of SAND is added to the staking pool each month. Once all of that SAND has been distributed to the stakers then there is no more to give until the next month of staking begins.
To earn monthly NFTs for staking, you will simply need to have staked SAND into the relevant pool during that month. If you remove your stake at any time in the month then you will become ineligible for the NFT reward.
The NFT will be claimable in the next month. For example, if you staked in January, your NFT reward will become available to claim in February.
In general, the staking NFT reward will be one month later. Meaning if you staked for the month of June, the reward will be available to claim in July.
Sometimes it takes longer for some NFTs to appear claimable - don't worry, they will be there. The NFT could be going through an internal approval process, or the webpage may need to be updated.