FTT Staking

FTX supports staking FTT! You can stake your FTT on the FTT page or the staking page.

Benefits

Staking FTT gives the following benefits:

Increased referral rebate rates: referrers that stake FTT are paid a higher fraction of their referees' fees.
Maker fee (override): Stakers unlock lower maker fees and maker rebates, which override the standard fee schedule. For customers in MM tiers, these rebates are added on top of MM-level based rebates, meaning that an MM1 client with 1000 FTT staked will have a net maker fee of -0.0035% (-0.0025% from MM1, plus -0.001% from staking 1000 FTT). Maker rebates are capped at 1bp regardless of MM/staking tier.
Bonus votes: stakers receive bonus votes in our polls (in addition to the standard number of votes, based on FTT held and trading volume).
Increased airdrop rewards: stakers get increased SRM airdrops (and potentially other airdrops and yield in the future).
Waived blockchain fees: stakers get a number of free ERC20 and ETH withdrawals per day.
IEO tickets: stakers get tickets for IEOs hosted in FTX.

All users must pass at least KYC 1 to own and stake FTT.
Only users who passed KYC 2 will be eligible for SRM rewards.
All users must strictly abide by the FTX terms of service.
When you unstake FTT, the tokens are locked up for two weeks before being released.
Staked FTT can’t be used as collateral.
To qualify for SRM airdrops, users will need to hold a minimum of 500 FTT on their FTX account (staked or unstaked).
If you're eligible for fee discounts from holding FTT and staking FTT, you will receive the better one between the two.
Maker fees after all discounts and benefits cannot be lower than -0.01%.
The lowest possible taker fee is 0.015%.
For non-VIP fees, taker fee minus referral rebates cannot go below 0.03%; if it would, the excess is subtracted from the referral rebates.
Referring a VIP account does not give referral rewards, though VIP accounts can still receive rewards for referring others.
Other promotions, including external referral programs, can modify referral behavior.
FTX reserves the right to modify the rules around staked FTT at any time.
For more information about FTT see here.
Locked FTT is not eligible for staking.

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