# 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](https://minotaur-money.gitbook.io/minotaur.money/protocol/monetary-policy).
* 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](https://minotaur-money.gitbook.io/minotaur.money/using-minotaur/wsmino-staking), 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 (🐮,🐮).**