> For the complete documentation index, see [llms.txt](https://minotaur-money.gitbook.io/minotaur.money/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://minotaur-money.gitbook.io/minotaur.money/using-minotaur/staking.md).

# Staking (🐮,🐮)

Staking MINO tokens on [Minotaur.Money](https://minotau.mn) provides two main benefits:

* Staking APR/APY via rebase rewards: Your MINO balance is increased periodically according to the amount of new bonding/minting that occurs and the reward rate set by the protocol's [Monetary Policy](/minotaur.money/protocol/monetary-policy.md).
* sMINO tokens: All stakers receive sMinotaur (sMINO) tokens as a receipt immediately upon staking. You receive an equal amount of sMINO to the MINO you stake, and more sMINO is granted from rebase rewards. 

Extra rewards can be provided by [sMINO token staking](/minotaur.money/using-minotaur/wsmino-staking.md), which currently takes place through Mad Meerkat Finance ([mm.finance](https://mm.finance))!

The **Index** is the total rebase factor: it represents the number of MINO you would now have if you had staked 1 MINO since the beginning of the protocol. When you [wrap and unwrap](https://minotaur.money/#/wrap) sMINO tokens, your token balances is adjusted by the Index, so the system accounts for the "missed" rebases that occurred while the tokens were wrapped.  

**Staking MINO is designated as a beneficial act and is therefore designated as (🐮,🐮).** 


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