Bring Back $WALLET Staking Rewards

Staking rewards were paused for Season 2. With the season now closed, we propose reintroducing them at a flat 2% APY. Simple, predictable, and active until the DAO decides otherwise.

Stefan

Apr 23, 2026 • 2 min read

We suggest returning the staking rewards

With Ambire Rewards Season 2 now closed, there is currently no active incentive for $stkWALLET holders beyond governance power. We propose reintroducing $WALLET staking rewards at a flat 2% APY to keep staking attractive during the cooldown between Rewards seasons.

Background

Staking rewards were paused as part of the Ambire Rewards Season 2 proposal, approved by the DAO in December 2025. The reasoning at the time was straightforward: with Season 2 already rewarding $stkWALLET holders through its scoring formula, keeping separate staking rewards on top would have led to double-counting, increased token supply inflation, and made it harder for users to understand where their rewards were coming from.

Season 2 has since concluded. The season did not meet its Swap & Bridge volume targets, largely due to challenging market conditions, and the community voted to close it without a payout. With no active Rewards season in place, the original reasons for pausing staking rewards no longer apply.

Proposal overview

We propose reintroducing $WALLET staking rewards at a flat annual issuance rate, corresponding to 2% APY for the currently staked tokens. The rate remains in effect until the DAO votes to change it.

At current staking levels of around 400M $WALLET, passing this proposal would result in approximately 8M $WALLET minted over the next year.

All existing $stkWALLET mechanics stay the same:

30-day unstaking period (no exit fee, no rewards during the leave period; forfeited rewards are distributed to remaining stakers)
Instant rage quit with a 50% exit fee, distributed to remaining stakers
$stkWALLET retains full governance voting power (1x vs 0.5x for unstaked $WALLET)

The question is: Should Ambire reintroduce $WALLET staking rewards at a 2% APY?

Yes
No

If the majority votes Yes, staking rewards go live shortly after the vote concludes.

If the majority votes No, the DAO can propose an alternative.

What this means for you

If the vote passes (Yes voting option wins):

Already staking in the Ambire Rewards? You don't need to do anything. Your $stkWALLET will automatically start earning the 2% APY.
Holding $WALLET but not staking yet? You can stake your tokens through the Ambire Rewards to start earning. Here's a step-by-step guide: How to Stake $WALLET

Motivation

Keep stakers rewarded between seasons
With no active Rewards season, $stkWALLET holders currently earn nothing for locking their tokens. A 2% APY ensures staking remains worthwhile while the future of Ambire Rewards is decided.

Encourage long-term holding
Staking rewards give $WALLET holders a reason to stake and hold rather than sell during a period with no other active incentives. This benefits both the community and the token's health.

Simple and predictable
A flat rate is easy to understand and doesn't require tracking complex formulas or seasonal milestones. It runs until the DAO decides otherwise.

Aligned with how staking was designed
$stkWALLET was always meant to reward commitment: governance power, exit fees that benefit loyal stakers, and yield. This proposal restores the yield component.

Timeline

The discussion period runs for 5 days on Discord. After that, the proposal goes to a Snapshot vote for 5 days.

Drop your thoughts in the Discord discussion, and get ready to vote on Snapshot.