🎨Claim reward prPARA

How to claim your staking rewards

Staking rewards are paid out in prPARA (pre-PARA ). Stakers are rewarded by a growing prPARA balance, and the prPARA rewards earned are proportional to the staker’s share of staked PARA in the vault.

prPARA entitles you to buy PARA at the floor price. Its "intrinsic value" is the price of PARA minus the floor price.

To claim prPARA rewards earned on stakedPARA , hit the “Claim rewarded prPARA ” button in the “Realize prPARA” section of the Paradise app.