> For the complete documentation index, see [llms.txt](https://docs.playstoken.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.playstoken.com/tokenomics/staking-soon.md).

# Staking (Soon)

{% hint style="info" %}
By staking $PLAYS you can earn $GEMS rewards, that is the official stablecoin of the Plays Ecosystem.
{% endhint %}

Investors can stake their tokens for various time periods to earn rewards. Here's how this process typically works:

{% hint style="warning" %}
**Risk Considerations**: Investors should carefully consider the risks associated with staking, including potential token price fluctuations, smart contract vulnerabilities, and lock-up periods. Conducting thorough research and understanding the terms and conditions of the staking mechanism is crucial before participating.
{% endhint %}

## **Lock-Up Periods**

**There are no lock-up periods when staking $PLAYS.** All staking contracts are liquid and you can withdraw your funds at any time!

## Staking Pools

The Nominal APY represents how many $GEMS are generated per year for each staked $PLAYS token. Do note that this doesn't factor in USD changes in either token.

| Pool Name                  | Nominal APY | Variable APY          |
| -------------------------- | ----------- | --------------------- |
| **Plays Standard Pool**    | 0.5%        | Based on $Plays Price |
| **Plays Accelerated Pool** | 0.5%        | Based on $Plays Price |
| **Plays Launch Pool**      | 0.5%        | Based on $Plays Price |

## **Staking Matrix**

This table demonstrates how the Variable APY changes based on Plays Token price changes.

<table data-full-width="true"><thead><tr><th width="158">Plays Price ($)</th><th width="188">Plays Marketcap ($)</th><th width="163">Nominal APY (%)</th><th width="169">Variable APY (%)</th><th>GEMS Emissions / $1000 Staked / Year</th></tr></thead><tbody><tr><td>$0.001</td><td>$100,000</td><td>0.5%</td><td>500%</td><td>5000 GEMS</td></tr><tr><td>$0.01</td><td>$1,000,000</td><td>0.5%</td><td>50%</td><td>500 GEMS</td></tr><tr><td>$0.1</td><td>$10,000,000</td><td>0.5%</td><td>5%</td><td>50 GEMS</td></tr><tr><td>$1</td><td>$100,000,000</td><td>0.5%</td><td>0.5%</td><td>5 GEMS</td></tr><tr><td>$10</td><td>$1,000,000,000</td><td>0.5%</td><td>0.05%</td><td>0.5 GEMS</td></tr></tbody></table>

## **Reward Calculator**

To calculate the amount of $GEMS you can earn via staking or the current Effective APY please refer to the [Plays Staking Calculator](https://docs.google.com/spreadsheets/d/1PLwXmlNdwdGp8h9coDWhuBx9-O4Aw26-4Gj2k9Rg6zI/edit?usp=sharing).

## **Staking Contract Modeling**

Each staking pool has a Base APY and a Variable APY. The Base APY depends on the available $GEMS rewards within the staking contract. The Variable APY depends on the market price of the $PLAYS Token. The lower the price the higher the potential APY, and vice-versa, as the $PLAYS price increases the APY reduces.

The overall $GEMS emission is not affected by the change in the $PLAYS price, which ensures there is always enough $GEMS in the ecosystem.

**Model 1: The Effective APY depends on the Plays Token Price. The higher the Plays token price the lower the APY.**

<figure><img src="https://3591916589-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FllMdQqZ5JOzOnhKTRpYk%2Fuploads%2FI1pMX5kS7A9hkKsnQzoV%2Fimage.png?alt=media&amp;token=43e6ecda-c82c-4d36-b89c-50687320d06a" alt=""><figcaption></figcaption></figure>

**Model 2: There is no correlation between the Effective APY and Base APY.**

<figure><img src="https://3591916589-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FllMdQqZ5JOzOnhKTRpYk%2Fuploads%2F35tjAZwIN56LumkRrlqb%2Fimage.png?alt=media&amp;token=48c3c927-3614-4c26-9e40-8f7882410799" alt=""><figcaption></figcaption></figure>

**Model 3: The amount of Gems generated based on Plays staked is linear..**

<figure><img src="https://3591916589-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FllMdQqZ5JOzOnhKTRpYk%2Fuploads%2FTBFEfpkDr7WXy4zGdMjc%2Fimage.png?alt=media&amp;token=f1dbdd2b-593c-4864-b2e8-db2f987603a3" alt=""><figcaption></figcaption></figure>

**Model 4: The amount of Gems generated is not correlated to the Plays price.**

<figure><img src="https://3591916589-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FllMdQqZ5JOzOnhKTRpYk%2Fuploads%2FnwsG2APllmlUCc9NU9u3%2Fimage.png?alt=media&amp;token=930910b3-67ab-4d90-9459-ec53e3ff037e" alt=""><figcaption></figcaption></figure>
