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  1. Categories
  2. DApps
  3. Staking
  4. Bodega Market Staking

Bodega Market Staking

Bodega Market Staking lets BODEGA holders lock tokens and earn a share of the prediction-market platform fees, paid directly to their wallet in ADA.

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Overview

Bodega Market Staking lets holders of the BODEGA token lock it up and earn a cut of the fees that Bodega Market collects, paid out in ADA. You connect a wallet, stake your tokens, and receive rewards straight to your wallet at the end of each period1. It is the reward-sharing side of Bodega Market, a platform where people bet on the outcome of real-world events2.

Bodega Market runs on Cardano, and staking is how the platform passes a portion of its trading fees back to the people who hold its token. About half of the fees collected in each period are set aside for stakers, with the rest going to a treasury that funds new markets and running costs. That split is not fixed forever, it can be changed by the community that governs the protocol1.

Key Features

  • Rewards paid in ADA, not more tokens. Your share of the platform fees arrives as ADA sent directly to your wallet, so the reward is Cardano's main currency rather than extra BODEGA1.
  • Fixed 30-day cycles. Staking runs in repeating 30-day periods. On a set snapshot date the platform records how much everyone has staked, then pays out a few days later1.
  • Proportional payouts. Your reward is based on your slice of the total staked pool at snapshot time. Stake 10 percent of all staked BODEGA and you earn roughly 10 percent of that period's reward pool1.
  • A share set by the community. Around half of the fees Bodega Market collects in a period are shared among stakers, a ratio the people who govern the protocol can adjust over time1.
  • Open-source smart contracts. The staking and market code is written in Aiken and published on GitHub under a permissive MIT license, so anyone can inspect how it works3.

What to Expect

The staking dashboard is one tab inside the Bodega Market app, alongside the markets, activity feed, and leaderboard. It shows the date of the next snapshot, how much ADA is set aside for the coming payout, the total amount of BODEGA currently staked, and how many people are staking. A single Connect Wallet button is all you need to start1.

Timing is the thing to watch. To be included in a period's rewards, your tokens need to be staked before the snapshot date shown on the page, and they should stay staked through the payout a few days later. Unstaking before the snapshot removes those tokens from that period's rewards, and the documentation notes that reducing your staked amount between snapshot and payout can cancel your reward for the period1.

Bodega Market publishes its smart contract code openly on GitHub, written in Aiken and released under an MIT license that lets anyone read and reuse it3. The project's documentation describes the first mainnet version as early software and points to further security reviews that are in progress, so the openly published code is the main way to check how staking behaves today4.

Footnotes

  1. Staking — Bodega Market docs ↩ ↩2 ↩3 ↩4 ↩5 ↩6 ↩7 ↩8

  2. Bodega Market Litepaper ↩

  3. bodega-market-smart-contracts on GitHub ↩ ↩2

  4. Mainnet V1 Security Assumptions — Bodega Market docs ↩

Frequently Asked Questions

Information

  • Website Linkhttps://v3.bodegamarket.io/staking
  • X (Twitter)x.com/bodegacardano
  • Discorddiscord.com/invite/GQKzhjaW53
  • Blogmedium.com/@bodegacardano
  • Documentationdocs.bodegacardano.org/staking
  • Whitepapermedium.com/@bodegacardano/bodega-market-litepaper-a-new-frontier-for-prediction-markets-7fe052093c6a
  • Team on GitHubgithub.com/bodega-market
  • Open Source Linkgithub.com/bodega-market/bodega-market-smart-contracts
  • llms.txtdocs.bodegacardano.org/llms.txt

Category

  • Staking

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