> For the complete documentation index, see [llms.txt](https://docs.ferrisgames.com/overview/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.ferrisgames.com/overview/tokenomics/psyker-staking.md).

# Psyker Staking

![](/files/ipRoS9moQO3mwe0Ov46w)

Psyker has allocated initial token supply for $PSYK Token (1,000,000 $PSYK) to Keycard holders who are staking. We want to incentivize early adopters by allowing them to pre-mine a portion (or all) of the initial rewards token supply via NFT Keycard and NFT Hideout staking until Open Beta Launch. The stakers will earn a pre-PSYK token (Locked Reward) that will be redeemed for PSYK token 1:1 after Open Beta Launch.

10,500 total NFTs can be staked (Keycards and Hideouts) with 6 rarities (reward levels). Earning a minimum of 1 per day. Stakers need at least 1 Keycard staked in order to stake Hideouts.

**Keycard & Hideout Reward Rate:**

* Common: 1 $PSYK/Day&#x20;
* Uncommon: 1.1 $PSYK/Day&#x20;
* Rare: 1.2 $PSYK/Day&#x20;
* Epic: 1.3 $PSYK/Day&#x20;
* Legendary: 1.4 $PSYK/Day&#x20;
* Mythic: 1.5 $PSYK/Day

No halving mechanism, rewards will extinguish once 1,000,000 tokens have been mined before TGE. The rewards pool and staking will be reconfigured for future releases.
