Staking $SP token
Smoovie Phone Staking allows holders of the $SP token to participate in revenue-sharing through single-sided staking, accessible via the Smoovie Mobile Sim Card NFT. Rewards are generated from multiple sources, including protocol fees from mini-games like Leverage Machine, P2P exchange fees, and Sanko Pets Buns $Gold farms. As users stake $SP, rewards are distributed while the token remains deflationary due to ongoing token burns from incorrect predictions, buybacks, and burns from fees. The staking system locks tokens for one month, with rewards claimable anytime. Staking is accessible at Smooviephonestaking.com/stake
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