# $sPOLY Token

<figure><img src="/files/gnggIHClfAs6lFWQgfx6" alt=""><figcaption><p>$sPOLY</p></figcaption></figure>

## Token Info

* **Name:** Staked Monopoly L3 Token
* **Symbol:** **$sPOLY**
* **Contract Address:** [0xF30489AdB76745BFb201023403B5E1bCcb216354](https://arbiscan.io/address/0xF30489AdB76745BFb201023403B5E1bCcb216354)
* **Chain:** Arbitrum

## Terms Explained

**① Wallet Balance:** Amount of **$POLY** in your wallet\
\
**② Staked Tokens:** Amount of **$sPOLY** in your wallet\
\
**③ Vesting amount:** Amount of **$sPOLY** being released (unstaked) to **$POLY**\
\
**④ Claimble:** Amount of **$POLY** claimable while being released (unstaked) from **$sPOLY**\
\
**⑤ Vesting end:** The time when the full amount of **$sPOLY** released (unstaked)\
\
**⑥ Stake POLY → sPOLY:** Stakes **$POLY** in your wallet to **$sPOLY** after wallet approvement\
\
**⑦ Unstake sPOLY → POLY:** Unstakes **$sPOLY** in your wallet to **$POLY** after wallet approvement\
\
**⑧ Claim POLY:** Claims released **$POLY** from **$sPOLY** under unstaking

<figure><img src="/files/FzoBAHytwPUe1XfWMgyZ" alt=""><figcaption></figcaption></figure>

## Staking

**$POLY** can be staked on Monopoly Finance to be converted to **$sPOLY**.\
\&#xNAN;**$sPOLY** can be deposited to Golden Key pools to earn the share of protocol profit in forms of **$ETH**, **$BTC**, **$USDC**, **$USDT** and so on, the real yield.

## Unstaking

Unstaking takes 5 days to fully convert **$sPOLY** to **$POLY**.\
During 5 days, users can receive **$POLY** linearly for every seconds and can claim it anytime.

<div data-full-width="true"><figure><img src="/files/pLYPJG2uWMKu5UB2qAX9" alt=""><figcaption></figcaption></figure></div>

{% hint style="warning" %}
If a user unstakes any additional amount of **$sPOLY**, it adds the total unstakable amount and unstaking period resets to 5 days again.
{% endhint %}

ex)

* Day 1: User A unstakes **100** **$sPOLY**
* Day 3: User A adds **100 $sPOLY** to their unstaked amount
* Claimed(Day 3): 40 **$POLY**
* Remaining unstaked(Day 3): 160 **$sPOLY**
* Daily claimable for the next 5 days: 32 **$POLY**

{% hint style="info" %}
Claim doesn't affect on the period of unstaking
{% endhint %}


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