Staking TReX β†’ sTReX

Staking is how users convert $TReX β†’ $sTReX, gain governance power, and access Match 4. $sTReX is a share token whose value increases as the staking vault grows.


How Staking Works

  1. Deposit $TReX into the vault

  2. Mint $sTReX at the current exchange ratio

  3. Hold $sTReX as the vault accumulates more $TReX

  4. Use $sTReX for:

    • Match 4 ticket purchases

    • Tea-REX DAO governance

    • Future ecosystem utilities

At launch, the exchange ratio starts at 1:1, but over time, 1 $sTReX may represent more than 1 $TReX as the vault accumulates value.


$sTReX Value Growth

$sTReX does not rebase. The value of each $sTReX increases because the vault accumulates more $TReX over time.

Exchange Ratio = (Total TReX in Vault) / (Total sTReX Supply)

The ratio goes up when:

  • $sTReX is burned for Match 4

  • Early redeemers burn $sTReX and forfeit part of their $TReX

  • Treasury adds additional $TReX


Redeeming Your $sTReX **Important!**

When you want to redeem $sTReX back into $TReX, you can unstake at any time. However, a time-based fee applies to early exits.

This fee decreases over time and eventually reaches 0.8% (provisional) after 120 days.

Example:

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