Stakers receive up to 40% of challenge fees, distributed weekly, verifiable onchain. Distributions vary and can be zero.
Stake $FORGE before the weekly epoch opens and keep it staked the whole week. Mid-week entries or exits sit out that epoch's distribution.
Every challenge fee paid that week goes into the epoch's fee pool - the same pool that backs trader payouts first.
Up to 40% of challenge fees distribute to stakers, weighted by stake. Distributions vary and can be zero.
Stakers are paid from what remains after traders - that's the honesty proof, not a footnote.
Not available to persons in the US, UK, Russia, or OFAC-listed jurisdictions. Enforced by geofence and wallet screening - attempts to evade close the position.
Distributions depend entirely on protocol activity and can be zero. $FORGE carries price risk and lock-up risk. Staking is a protocol-fee distribution - not a deposit, not a rate, not a security offering. Phase-1 stakers carry token and lock risk only; nothing here is a promise of future distributions.
Challenge fees paid by traders each week. That epoch's pool is public: fees in, trader payouts settled first, then the staker distribution - every step onchain.
Because they are a share of real activity, not a rate. Fewer challenges bought, or a heavy trader-payout week, means a smaller distribution. There is no floor and no promise.
The waterfall answers this: trader payouts settle first, and stakers receive the smaller of 40% of fees or net profit. In a losing week that can be less than 40% of fees - or zero.
Every distribution is a transaction from the public treasury address. Check the epoch's fee inflows, the trader payouts, and the staker distribution on Hyperliquid - no dashboard required, though ours makes it easier.
The waterfall, the reserve, and every distribution live onchain.