Stake NMS

Staking allows you to earn NMS passively via auto-compounding. By staking your NMS, you receive sNMS (staked NMS) in return at a 1:1 ratio. After that, your sNMS balance will increase automatically on every epoch (8 hours) based on the current APY.
On Nemesis DAO rebase is every 8 hours, giving it a bigger compounding effect.

How to Buy NMS?

  1. 2.
    Make sure your output currency is NMS. You can also copy and paste NMS contract address in the output currency field to ensure you are swapping the right token. The NMS token address on BSC is 0x8AC9DC3358A2dB19fDd57f433ff45d1fc357aFb3
  2. 3.
    You can select any input currency based on your BSC wallet balance.
  3. 4.
    Select the amount of NMS you want to swap for. Then click "Swap" and sign the transaction
  4. 5.
    After the Approve transaction has been processed successfully click "Swap" and sign the transaction.
  5. 6.
    You should see NMS in your wallet balance now after the swap transaction is successful. If you cannot find it in your wallet, add NMS contract address to your wallet.

How to Stake

  1. 1.
    Go to the Stake page of the Nemesis DAO website. Select the "Stake" tab.
  2. 2.
    Enter amount of NMS that you would like to stake in the input field. If you would like to stake all your NMS, press "max" button and the input field will be populated with all your available NMS balance.
  3. 3.
    Click "Approve" and sign the transaction
  4. 4.
    After the "Approve" transaction has been processed successfully, click "Stake" and sign the transaction.

How to UnStake

  1. 1.
    Go to the Stake page of the NMS website. Select the "Unstake" tab.
  2. 2.
    Enter the amount of sNMS that you would like to Unstake in the input field. If you would like to unstake all your sNMS, press the "Max" button and the input field will be populated with all your available sNMS balance.
  3. 3.
    Click "Approve" and sign the transaction.
  4. 4.
    After the "Approve" transaction has been processed successfully, click "Unstake" and sign the transaction

Read the Info Right

APY tells you the annualized rate of return based on the reward yield. It considers the effect of compounding since sNMS rebases exponentially.
TVL measures the dollar amount of all the staked NMS in NemesisDAO Finance.
Current Index allows you to track your gain from staking. The index started from 1 at epoch 0, and increases every epoch. If you staked at genesis (epoch 0) and never unstaked any NMS, your balance today would be X times greater, where X is the current index. You can use the index to track your position by marking down the index number when you stake and unstake. You divide the index number when you unstake by the index number when you stake to get the ratio by which your sNMS balance has increased.
Your Balance tells you how many unstaked NMS are in your wallet. This is the maximum amount that you can stake.
Your Staked Balance tells you how many staked NMS (sNMS) are in your wallet. This is the maximum amount that you can unstake.
Next Reward Amount tells you how much sNMS you are getting next rebase,
Next Reward Yield tells you how much your sNMS balance will increase when the next epoch begins. For example, if you stake 100 NMS and the upcoming rebase is 0.9139%, your sNMS balance would increase from 100 to 100.9139.
ROI (5-Day Rate) estimates how much your sNMS balance will increase after 5 days if the reward yield stays the same during this period. For example, if you stake 100 NMS and the rate is 25.5384%, your sNMS balance would increase from 100 to 125.5384 after 5 days.

​