Lock & Earn is a risk-free financial instrument that allows you to earn SFS tokens by locking your SFS Wallet balance for a fixed period of time.
By locking SFS tokens, you demonstrate long-term engagement with the SFScoop ecosystem. As with any engagement, your participation is rewarded once the lock period is completed.
How It Works:
When locking SFS tokens, you can choose from several Lock & Earn plans, each defined by:
APY applies to your total locked amount and may vary over time.
SFS Rewards are calculated daily and added to a pending balance. The pending balance is not included in the total amount of locked SFS tokens and therefore does not compound during the current week.
At the beginning of each week, the SFS rewards accumulated in the pending balance are transferred to the total locked SFS amount and start compounding when calculating the next SFS rewards. The minimum transferable amount from the pending balance to the total locked amount is 0.01 SFS.
To calculate SFS rewards, the following formula is used:
Where:
Example: Locking 10,000 SFS at 12% APY:
Day 1
Total: 10,000 SFS
Pending: 3.1053 SFS
Earnings: 0 SFS
Day 2
Total: 10,000 SFS
Pending: 6.2107 SFS
Earnings: 0 SFS
↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓
Day 6
Total: 10,000 SFS
Pending: 18.6322 SFS
Earnings: 0 SFS
Day 7 (Payout)
Total: 10,021.73 SFS
Pending: 0.0076 SFS
Earnings: 21.73 SFS
Day 8
Total: 10,021.73 SFS
Pending: 3.1197 SFS
Earnings: 21.73 SFS
↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓ ↓
Pending balances from the example are rounded for demonstration purposes.
Lock & Earn has a maximum USD limit for the total value of SFS tokens you can lock. This limit is global — meaning you can lock SFS tokens across multiple plans as long as the total SFS equivalent in USD does not exceed the global limit.
In your Lock & Earn App Summary, you can view:
You can unlock your SFS tokens at any time without fees or waiting periods.
However, if you unlock early, all earned SFS rewards from the locked SFS Tokens will be withdrawn in favor of SFScoop
SFS Rewards are only withdrawn for the tokens you unlock early — tokens that remain locked continue earning as usual.
To unlock early: