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How to Stake $SOV on RSK or BOB

May 8, 2025
min read

Staking $SOV doesn’t just earn you staking rewards, it also qualifies you for a bonus allocations in the Origins launchpad  presales. Whether you’re using the RSK or BOB network, this guide walks you through the full process and explains what benefits you get on each chain.

For the $BOS Phase 2 Presale, you’ll need to have 10,000 Voting Power (VP) in staking to be eligible to a 5% bonus, up to $500 worth of $BOS. The longer you stake and the more $SOV you stake, the higher your voting power will be. To get 10,000 VP, you’ll need to stake about 1,000 $SOV for the maximum staking period, or about 10,000 SOV for the minimum staking period.

Please follow the instructions and when you stake please confirm that you have at least 10,000 Voting Power. 

Tutorial: Staking $SOV on RSK

Staking $SOV on RSK allows you to participate in Sovryn’s revenue, as well as to get the Origins bonus. Scroll down for more details.

Step 1: Bridge BTC to RSK (For gas fees - $15 worth of RBTC should be enough)

  • Click the “Bridges” button and choose the BTC option
  • Make sure the direction is set to “Receive”
  • Follow the on-screen instructions, send only BTC, not other assets
  • Click “Continue”, then copy the deposit address shown
  • Send your BTC within the minimum and maximum range
  • Wait up to 90 minutes for the transfer to complete

Step 2: Buy $SOV

  • Click “Convert” in the top menu
  • Choose your trading pair (e.g. BTC/$SOV)
  • Confirm and approve the transaction in your wallet

Step 3: Stake $SOV

  • Go to the “Earn” tab > select “Staking”
  • Click “Stake $SOV”, choose your amount and lock-up duration
  • Review your voting power and expected rewards
  • Click “Confirm” and approve the transaction in your wallet

Keep in mind: your voting power decreases slightly every two weeks as your stake nears its end. Check in now and then if you want to stay active in governance.

Tutorial: Staking $SOV on BOB

Step 1: Bridge Funds to BOB

  • Click “Bridges” and select the ERC-20 option
  • Connect your wallet and choose the network to bridge from
  • Select the token to bridge (include a bit of ETH for gas)
  • Click “Bridge Assets” and approve the transaction in your wallet

Step 2: Buy $SOV

  • Once bridged, click “Convert” in the top menu
  • Choose your trading pair (e.g. $ETH/$SOV)
  • Confirm and approve the transaction

Step 3: Stake $SOV

  • Go to “Earn” > “Staking”
  • Click “Stake $SOV”, enter your amount, and select your lock duration
  • Confirm and approve the transaction

Just like on RSK, voting power decreases gradually over time, but on BOB, staking is currently rewarded only with Spice Points and does not include voting rights.

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Early Unstaking Penalties

If you unstake before your chosen staking period ends, a penalty of up to 30% may apply. This system encourages long-term participation and rewards committed stakers. The slashed tokens are redistributed to other SOV stakers via the fee-sharing contract.

Penalty Examples:

  • Unstaking with 156 weeks remaining: 30% penalty
  • Unstaking with 2 weeks remaining: 3.69% penalty

Why Stake on RSK?

Staking $SOV on RSK gives you the full Sovryn governance experience, plus a share of protocol revenue.

  • Governance: Vote on SIPs with power based on stake duration
  • Revenue Sharing: Earn RBTC and SOV from protocol fees
  • Swap Fees: All (except SOV) converted to RBTC and distributed
  • Margin Fees: Receive a share of 0.15% origination fees
  • Lending Interest: 10% of interest revenue goes to stakers
  • Borrowing Fees: Earn from 0.9% loan origination fees
  • Zero Protocol: Get ZUSD and RBTC from borrowing/redemption fees

This is the most powerful way to stake, especially if you're already active in the Sovryn ecosystem.

Why Stake on BOB?

Staking $SOV on BOB is ideal for users who prefer the Ethereum ecosystem and want a simpler setup.

  • Accessible to users already on Ethereum
  • Earn Spice Points as a reward for staking (at the time of writing)
  • Qualifies for $BOS presale bonus allocation

It’s a great option for users who want fast setup and fewer steps, especially if they’re new to Sovryn.

Start Staking:
https://sovryn.app/earn/staking

Need help? Our 24/7 helpdesk is here for you. Just click the chat icon in the bottom-right corner of the dApp to open a ticket, we’ll take care of the rest.

For more details, visit our Wiki:
https://wiki.sovryn.com/en/governance/staking-vesting-voting 

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