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Risks
The two things to understand before you take part in MSS2: staking is permanent, and rewards add new tokens to circulation.
MSS2 is a new token. Two things are worth understanding before you mint, stake or buy.
Staking is permanent
Staked MSS2 can never be withdrawn, by you or anyone else. This includes tokens you compound, gifts you receive, referral stake credits, Mint & stake and Buy & stake. The way to get value from a stake is to collect its rewards over time.
Rewards are tokens, not returns
Staking pays 0.75% a day to collect or 1.5% a day to compound, in MSS2. These are token amounts. They are not a yield in ETH, USDC or dollars, and they don't promise that anything you receive will be worth what you paid.
- Inflation. Rewards and referral credits add MSS2 to circulation. More supply can push the price down.
- Selling. Collected rewards can be sold, and when many holders sell, the price falls.
- Token count and value are different. A larger stake is not the same as a larger position in value.
The pool price is set by trading and can be lower than the mint price.
Good to know
- How the contracts work, and what their owner can change, is set out in Contracts and controls.
- MSS2 never asks for your seed phrase.
- MSS2 is not affiliated with Robinhood, Arc, Circle, Topaz or LayerZero.