> For the complete documentation index, see [llms.txt](https://cookyfinance.gitbook.io/cookyfinance/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://cookyfinance.gitbook.io/cookyfinance/how-to-use-cooky-finance/stake-cooky.md).

# Stake Cooky

Staking allows you to earn CKY passively via auto-compounding. By staking your **CKY**, you receive **sCKY (staked CKY)** in return at a 1:1 ratio. After that, your **sCKY** balance will increase automatically on every epoch (6 **hours**) based on the current APY. On **Cooky Finance** **rebase is** every 8 hours, giving it a **bigger compounding effect.**

## How to Stake <a href="#how-to-stake" id="how-to-stake"></a>

1. Go to the Stake page of the Cooky finance website. Select the "Stake" tab.
2. Enter amount of CKY that you would like to stake in the input field. If you would like to stake all your CKY, press "max" button and the input field will be populated with all your available CKY balance.
3. Click "Approve" and sign the transaction
4. After the "Approve" transaction has been processed successfully, click "Stake" and sign the transaction.

## How to UnStake <a href="#how-to-unstake" id="how-to-unstake"></a>

1. Go to the Stake page of the CKY website. Select the "Unstake" tab.
2. Enter the amount of **sCKY** that you would like to Unstake in the input field. If you would like to unstake all your **sCKY**, press the "Max" button and the input field will be populated with all your available **sCKY** balance.
3. Click "Approve" and sign the transaction.
4. After the "Approve" transaction has been processed successfully, click "Unstake" and sign the transaction

## Read the Info Right <a href="#read-the-info-right" id="read-the-info-right"></a>

**APY** tells you the annualized rate of return based on the reward yield. It considers the effect of compounding since **sCKY** rebases exponentially.

**TVL** measures the dollar amount of all the staked **CKY** in **Cooky Finance**.

**Current Index** allows you to track your gain from staking. The index started from 1 at epoch 0, and increases every epoch. If you staked at genesis (epoch 0) and never unstaked any **CKY**, your balance today would be X times greater, where X is the current index. You can use the index to track your position by marking down the index number when you stake and unstake. You divide the index number when you unstake by the index number when you stake to get the ratio by which your **sCKY** balance has increased.

**Your Balance** tells you how many unstaked **CKY** are in your wallet. This is the maximum amount that you can stake.

**Your Staked Balance** tells you how many staked **CKY** (sCKY) are in your wallet. This is the maximum amount that you can unstake.

**Next Reward Amount** tells you how much sCKY you are getting next rebase,

**Next Reward Yield** tells you how much your **sCKY** balance will increase when the next epoch begins. For example, if you stake 100 **CKY** and the upcoming rebase is 0.9139%, your **sCKY** balance would increase from 100 to 100.9139.<br>

**ROI (5-Day Rate)** estimates how much your **sCKY** balance will increase after 5 days if the reward yield stays the same during this period. For example, if you stake **100 CKY** and the rate is 25.5384%, your **sCKY** balance would increase from 100 to 125.5384 after 5 days.