Magic Farms is a decentralized staking feature that allows users to earn liquid rewards by staking tokens from various projects within the Magic Square ecosystem. It uses a linear rewards model and supports multiple campaigns hosted by different projects.

Rewards are distributed evenly per block throughout the duration of the campaign. The total reward pool is initially set and divided by the number of blocks, resulting in a constant reward per block. If the reward pool is increased, the new rewards are distributed linearly over the remaining staking period.

Your reward is calculated daily based on your share of the staking pool. The formula used is: User Daily Rewards = (Total Daily Rewards) × (User Shares / Total Shares of That Day)

You can initiate unstaking at any time. However, the tokens will enter a 7-day cooldown period. During this time, your tokens remain locked but your accumulated rewards can still be claimed.

Yes. Rewards are liquid and can be claimed at any point without needing to unstake your tokens.

Yes, you can join multiple farms as long as you meet the staking requirements for each one.

Each farm requires a specific token defined by the project hosting the campaign. These could include $SQR or other tokens from the Magic Square ecosystem.

Any project within the Magic Square ecosystem can apply to host a Magic Farm campaign.

Yes. Projects must pay a one-time deployment fee to cover the setup of the smart contract, technical configuration, and integration into the Magic Square platform.

The reward pool can be increased but not decreased once the campaign begins. The APR may fluctuate based on participation levels and remaining time in the campaign.

Yes. Magic Farms operates on audited smart contracts with transparent on-chain logic. All staking data and reward distributions can be independently verified by users.

Staking late may result in fewer rewards due to increased competition and a shorter remaining duration. Early participants generally benefit from higher APR.

You will need to connect your wallet to the blockchain network of the token that is required for staking in the selected farm. Without connecting to the correct chain, you will not be able to participate.