Staking
Stake $BOW, earn USDG
Borrower interest and a share of $BOW trading fees are both routed to the staking contract and paid out in USDG, streamed per second to everyone staked. No lock, no cooldown — withdraw whenever you like.
Total $BOW staked
116.52M
Onchain, all stakers
Reward rate
10.18%
APR, annualised at current $BOW price
USDG left this period
371.11
Ends in 1d 19h
Period length
7 days
Set by the reward distributor
Permanent
Two revenue streams now pay one staked position
From 10 August, 5% of all $BOW trading fees route to stakers, paid in USDG and added to the staking contract daily. This is permanent, and it sits on top of the protocol lending fees stakers already earn — the borrower interest that has always streamed to the contract per second.
USDG vault
80%
Unchanged
Treasury
15%
Down from 20%
Stakers
5%
New, permanent
Both streams pay in USDG, onchain, daily. The vault's share is untouched — the treasury gave up the slice.
Your position
Connect a wallet to see your staked balance and claimable USDG. Nothing on this page is simulated — every figure is read from the contract at 0xeba5…e01a.
How it works
- 01
Stake
Approve $BOW once, then stake any amount. Your share of every future reward period is your share of the staked total.
- 02
Accrue
USDG streams per second across the period. Nothing to harvest, nothing to compound — the balance simply grows.
- 03
Exit
Withdraw or claim at any time. No lock, no cooldown, no exit fee. One transaction unstakes everything and claims.
Contracts
- StakingRewards
- 0xeba502e1177f5fad9432c2deb273569d8381e01a
- USDG rewards
- 0x5fc5360D0400a0Fd4f2af552ADD042D716F1d168
- Borrow rebates
- 0x23e99d72e24dc538c955b9bade710d2ce3a7fca4
Borrow rebates
Merkle distribution
A share of borrower interest is returned to borrowers in USDG, published per epoch as a merkle root and claimed directly from the distributor. Claims are permissionless and never expire.
Rebates are distributed in epochs. Each one is published to the distributor as a merkle root covering that period's borrowers, and any epoch your address is included in appears here with its claimable amount read straight from the contract.
Claiming is permissionless and goes directly to the distributor — no allowlist, no deadline, and no intermediary holds the funds.
View distributor