# WOO Stake

WOO holders can stake their WOO tokens on any supported chain and earn real yields in USDC.

Since the launch of v2, over $7M has been paid out as staking rewards, and the stakers have also enjoyed various airdrops such as $ZRO (LayerZero), $ARB (Arbitrum), $ORDER (Orderly Network), $OP (Optimism), $PEAR (Pear Protocol) with many more to come.

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Check more staking stats at: <https://dune.com/woofianalytics/woofi-staking>
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WOO staking is uniquely designed to incentivize long-term holders and active users through an engaging system that combines NFTs and DeFi.

* Stake WOO from any supported chain and get the same yields in USDC
* Earn XP passively over time or boost it by completing recurring stake challenges, increasing your staking APR
* Complete stake quests to earn WOOFi booster NFTs, which can be burned to temporarily boost XP APR
* Get airdrops from Stake Surge from the XP earned and WOO staked
* No hard lockup, unstake anytime, but you will burn your hard-earned XP

#### Omnichain staking

Users' combined staking positions, XP, and staking rewards are managed on Arbitrum. With LayerZero integration, you can stake your WOO and compound it on any supported chain for added convenience.

Regardless of which chain you choose to stake your WOO on, the APR at which you earn USDC staking rewards will be the same. &#x20;

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* Crosschain transactions require extra gas costs from the source chain to cover Arbitrum's operations. Costs vary based on Arbitrum's current gas fees.
* The completion time for crosschain transactions depends on the source chain and network status. Usually, it takes only a few minutes, but initiating from some chains can take up to 20 minutes.
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#### XP&#x20;

When you stake WOO, you earn XP passively at **a base APR of 30%**. For example, staking 1,000 WOO for one year would earn 300 XP. XP is non-tradable but can be staked to boost your yield. For instance, 1 staked WOO plus 1 staked XP is equivalent to 2 staked WOO. However, when you unstake any WOO, an equal percentage of your staked XP will be burned. Staked XP increase your staking weight and offer perks like access to airdrops, fee discounts, and more.&#x20;

As stakers accumulate XP over time, there will be additional rules as the XP:WOO ratio increases to avoid too much inflation of XP.&#x20;

1. When XP:WOO (staked and pending) >= 0.5, XP APR will be 0 (if none of the challenges are completed)
2. When XP:WOO (staked and pending) >=1, base XP APR will be halved to 15% in addition to rule #1.

If you stake at least 1,800 WOO, you can boost the APR at which you earn XP up to a maximum of 76.05% by completing challenges that include: &#x20;

* Trade spot on WOOFi Swap (only when sPMM liquidity is used) or perpetual futures on WOOFi Pro&#x20;
* Earning with assets deposited into WOOFi  vaults
* Turning on the auto-compound feature (please be aware that you can’t claim staking rewards while this is enabled and you can’t disable it within 7 days)  

The status of each challenge is visible in the top-right corner and your XP APR will update one day after completing any of them. The amount you need to swap/trade and deposit in WOOFi Supercharger vaults to complete the challenges is determined by your staking level.

<figure><img src="/files/HbiO4BWyluB84VVo30PC" alt=""><figcaption></figcaption></figure>

#### Quests & Boosters

Boosters are items that can be staked for a temporary boost to your XP APR. After the temporary boost is complete, the items are automatically burned. Boosters are ERC-1155 NFTs (this means they are compatible with many popular DeFi apps and wallets like OpenSea and MetaMask)

Boosters can be acquired by completing quests on the WOOFi Stake page or purchased from NFT marketplaces. There are three Booster rarities: Uncommon, Rare, and Epic. The rarer the Booster, the greater the yield effect. However, the boost effect diminishes as your staking level increases.

<figure><img src="/files/oABpZUduUvFinD973Stt" alt=""><figcaption></figcaption></figure>

Note: XP generated while using Boosters is not removed once your Booster runs out, therefore making them a great way to make sure your staked WOO APR is higher than the average.

{% hint style="info" %}
Buy or Sell Boosters:

* [Sudoswap](https://sudoswap.xyz/#/browse/arbitrum/buy/0x0cccb28b1c47b2548cfaf1ccf27f1152f65a125e)
* [Opensea](https://opensea.io/collection/woofi-boosters)&#x20;
  {% endhint %}

#### Stake Surge

Stake Surge is another stake product for exciting new projects and strong ecosystem partners to have the opportunity to spotlight their products in front of the most enduring and loyal of WOO community members. In return, WOO stakers are rewarded with airdrop tokens. &#x20;

Through Stake Surge not only do stakers learn about the project, but they’re also heavily incentivized to try it out and complete actions such as swap, stake, delegate etc. For projects, that means more brand awareness, more token holders, and ultimately more people to champion your product. Everybody wins.

Stakers' airdrop is determined by their Surge Score. The higher your score, the more tokens you get, and there are 2 ways to up it:

1. Collect more XP from staking WOO
2. Complete tasks to unlock multiplier effects


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