MKL Staking

MKL staking system is designed to reward long-term alignment and sustained participation in the Merkle community.

By staking MKL token, you can obtain Staking Power (veMKL), a non-transferable representation of long-term commitment that unlocks VIP tier boost, revenue sharing, future governance rights, and additional protocol benefits.

Staking Power (veMKL)

Staking Power (veMKL) is obtained by staking MKL (locking it for up to 52 weeks) and is calculated as the staked amount multiplied by the lock duration relative to 52 weeks. Staking Power decays over time as your lock approaches expiry, but you can extend your lock at any time.

Staking Power is calculated linearly, scaled to a 52-week maximum:

Staking Power = Staked amount × (Lock duration ÷ 52 weeks)

Locking for 52 weeks gives 1 Staking Power per 1 token staked, and shorter lockups give a proportional amount. As time passes and your lock gets closer to expiry, your Staking Power gradually decreases.

Note that Staking Power is updated in weekly epochs. When you stake, add stake, or extend your lock, the updated Staking Power is applied starting from the next epoch.

MKL Staking Utility

• VIP Tier Boost: You can increase your Merkle VIP tier by up to +3 levels when you meet the eligible MKL holding requirements.

• Weekly Fee Distribution: Stakers receive a share of protocol revenue from trading fees on a weekly basis, proportional to their share of total Staking Power.

In the future, Staking Power may unlock additional perks and grant governance rights.