How the TruStake Vaults work

Staking

To stake your Native Token (e.g. MATIC), simply connect your wallet to the app, enter the amount you'd like to stake, approve from your wallet and click the Stake button. When you stake, your Native Token (e.g. MATIC) is immediately sent to the validator and you start earning. As a receipt, you receive a corresponding balance of TruFin's LST (e.g. TruMATIC).

Unstaking

To unstake, go to the Unstake tab and enter the amount you would like to unstake.

For MATIC, the unstaking period can take approximately 2-3 days. During this period, 80 checkpoints, in which the Polygon network syncs with Ethereum, must have passed. After the 80 checkpoints have passed, you can claim the unstaked amount.

For the Aptos network, unstaking can take up to 30 days because Aptos has a 30-day lockup period. This lockup period is by validator, meaning all unstaked APT on that validator gets unlocked at the same time. Users who unstake need to wait until the end of the cycle for their APT to be unlocked from the validator.

For NEAR, the unbonding period is 45-60 hours or approximately 4 epochs. Once this period is over, you can withdraw the non-vested tokens that become transferable.

Restaking

Polygon's native MATIC staking mechanism does not automatically compound rewards. When you deposit in the MATIC TruStake vault on the other hand, your rewards are auto-compounded. This happens in one of two ways:

1. Deposit piggybacks Whenever a deposit is made, any balance in the vault that is not currently staked is added to the new deposit before it is staked. In that way, the restaking frequency is as often as deposits are made. Best of all, it doesn't cost additional gas.

2. Automatic restaking We monitor the vault for assets not being actively staked. If these reach a predefined threshold amount, all these assets get automatically staked by the vault.\

For Aptos and NEAR, rewards are automatically restaked in order to compound rewards.

Digital assets are highly volatile. TruFin users agree to the T&Cs found in full here.