You've probably heard the word "staking" thrown around a lot in crypto.
But what does it actually mean — and what's Rainbow building with RNBW? 👇 Here’s a quick breakdown:
Staking means putting your tokens to work in exchange for benefits.
Instead of just holding RNBW in your wallet, you commit it to the protocol — and the protocol rewards you for it. Think of it like a loyalty program, all happening onchain.
Tiers Explained:
As Rainbow moves toward a tiered membership system, staking RNBW is the first way to qualify — unlocking benefits like fee cashback on your swaps.
The more you stake, the higher your tier — and the more fees you get back as staked RNBW:
Silver (5,000) → 25% fee cashback in RNBW.
Gold (10,000) → 50% fee cashback in RNBW.
Diamond (15,000) → 75% fee cashback in RNBW.
Black (20,000) → 100% fee cashback in RNBW.
Not just a Rewards Program:
Three things make this more interesting than a typical rewards program:
Cashback is deposited back as staked RNBW — so your position grows automatically as you’re earning.
You can unstake anytime. There’s no cool-off, lockups or waiting periods.
When someone unstakes, they pay a 10% exit fee, which is distributed to everyone still staking.
So the longer you stay in, the more you earn 👉😉
In Conclusion:
TL;DR:
Stake RNBW → Get cashback on every swap → Watch your position compound → Earn yield when others leave.
Stakers will unlock future benefits, and Rainbow Black will define the best Rainbow experience going forward 🫡
RNBW staking is now live in the Rainbow app — find it in the far-right tab.