# Token staking **Staking WAGMI Tokens** Users have the ability to stake their **WAGMI** tokens to receive **sWAGMI**. The **sWAGMI** token represents a staked version of **WAGMI**. **sWAGMI** token contract address on Metis is: 0x5fb3983adc4dCc82A610a91D2e329F6401352558 **sWAGMI** token contract address on Kava EVM is: 0x3690d1a9fb569c21372f8091527ab44f1dc9630f **sWAGMI** token contract address on Sonic is: 0x4b5d9db7910448e2F236509D9eE242673AFa28aA Link to the staking page is available here: * **Network Compatibility:** **WAGMI** can be staked on Metis and Kava EVM Network. * **Benefits of Staking WAGMI:** * Holders of **sWAGMI** are eligible for a share of the fee distributions from the Wagmi protocol. * Protocol takes 20% performance fee which is then distributed to **sWAGMI** holders. * **Unstaking:** When you unstake **sWAGMI**, you will receive all your initially deposited WAGMI in addition to any accumulated fees. * **Note:** There is a 24-hour time lock on deposits to mitigate the risks associated with front running. **How does staking work?** The staking mechanism for **WAGMI** token is both straightforward and user-friendly. **1. Depositing into the Pool:** * Users deposit **WAGMI** tokens into the **sWAGMI-Pool**.

By staking Wagmi, users recieve sWagmi

**2. Receiving Tokens:** * As an acknowledgment of their deposit, users receive **sWAGMI** tokens in their wallets. * These **sWAGMI** tokens represent the share of the **sWAGMI-Pool** owned by the depositor. **3. Fee Collection and Usage:** * Fees are garnered from the protocol. These are used to market purchase **WAGMI** tokens. Later on, these tokens are deposited back into the **sWAGMI-Pool**. **4. Unstaking Process:** * When users choose to unstake, they secure their share from the **sWAGMI-Pool**. This share consists of the originally staked **WAGMI** tokens as well as any additional fee shares. **5. Important Notes on Token Quantity:** * The amount of **sWAGMI** tokens users get from staking might differ from the **WAGMI** token quantity they deposited. As the pool grows from fees, 1 **sWAGMI** token's value will surpass that of 1 **WAGMI** token. **6. Return Rates:** * Returns from **sWAGMI** are variable. They rely on the core performance of the protocol's offerings. Thus, any displayed APR is an approximation based on historical performance. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.wagmi.com/wagmi/wagmi-token/token-staking.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.