# Staking > How staking products work in PS Wallet, how to invest, how interest is accrued, and what the risks are. ## How it works Staking in PS Wallet is a fixed-rate deposit. Each staking product is a fundraiser for a specific purpose. The name and description of the purpose are shown on the product card. Each product has its own terms: - **rate** — the annual percentage you will earn; - **coin** — the coin in which deposits are accepted and the payout is made; - **deposit period** — the date until which you can invest, how much needs to be raised, and how much has been raised so far; - **payout** — the date when your deposit is returned with interest; - **minimum deposit** and, if there is one, a **limit per person**. Your deposit is passed to the fundraiser's organizer immediately. On the payout date, it is returned to your account together with interest — automatically, you don't need to press anything. > [!WARNING] > This is not a bank deposit or blockchain coin staking. Your money goes to the fundraiser's organizer, and the payout depends on whether they return it on time. Only invest money you can do without until the payout date. ## Where to find it Open the "Staking" block on the main screen or go to "Profile" → "Staking". The section has two lists: - "Available" — products you can invest in right now; - "My deposits" — your deposits and their status. Completed ones can be shown with the "Show completed" button. When a new product appears, the bot usually sends a message "New staking product available" with a "Details" button. ## How to invest 1. Open a product and read the description and the "Terms" block. 2. Tap "Invest". 3. Select an account and enter the amount. Below the amount you will see the minimum and how much you can invest, as well as a forecast: "You will receive ≈ …" and the payout date. 4. Tap "Continue". 5. Check the "Confirmation" screen: the deposit amount, how much will be debited, the rate, the date and the expected payout, as well as the account the payout will be sent to. 6. Tap "Invest" and confirm the operation with your PIN or biometrics. 7. The "Deposit accepted" screen will appear — interest is already accruing. There is no deposit fee if you invest in the product's coin. ### Depositing from another coin You can also invest from a different account. In that case, a regular exchange into the product's coin is made first — with the exchange fee and minimum exchange amount. The exchange fee is shown before confirmation in the line "Including … exchange fee". - While the exchange is in progress, the deposit has the status "Exchange in progress". Interest starts accruing when the exchange is complete and the funds arrive in staking. - If the exchange fails, the money is returned to your account and the bot sends a notification. - The payout is made in the product's coin — it is not exchanged back into the original coin. If you can't invest from the selected account right now, the app will suggest choosing another account. ## How interest is accrued - **Every hour.** Interest is accrued for each full hour from the moment of the deposit until the payout. - **Simple interest.** Accrued interest is not added to the amount on which interest is calculated. - **Separately for each deposit.** If you invested several times, each deposit has its own countdown. How to calculate: amount × annual rate × number of hours ÷ 8,760 (the number of hours in a year). Sample calculation: 1,000 USDT at 10% per year for 30 days (720 hours) will earn 1,000 × 10% × 720 ÷ 8,760 ≈ 8.22 USDT. ## Payout On the payout date, the deposit and interest are automatically credited to your account in the product's coin. The bot will send a "Staking payout" message with the deposit and interest amounts shown separately. If the organizer doesn't have enough money by the payout date, the status will change to "Payout delayed". In this case: - interest continues to accrue until the payout is made; - the payout attempt is repeated automatically every hour; - everything is paid at once: the money is not paid in parts; - the bot will notify you of the delay and send a message when the money arrives. ## No early withdrawal You can't withdraw your deposit before the payout date — in the product terms this is the line "Early withdrawal: No". The app warns you about this before you confirm the deposit. ## Where to view your income - In the "Staking" section: "In staking" — how much you have invested, "Accrued" — how much interest has already been accrued. - On the product page, in the "My deposit" block: "Deposited", "Expected payout", and after the payout — "Received". - In the transaction history: a deposit is shown as "Staking", a payout as "Staking payout". ## Risks - **The payout is made by the fundraiser's organizer.** If they don't have the money by the payout date, the payout will be delayed. Interest will continue to accrue during the delay, but the date you will receive the money is not known in advance. - **Your money is locked until the payout date.** You can't withdraw it earlier, even if you urgently need it. - **Coin rate.** If the product is not in a stablecoin, the dollar value of the payout may change. Read the product description and decide whether you trust the purpose of the fundraiser. If you have any questions, contact support before investing. ## FAQ :::details Can I invest in the same product again? Yes, as long as deposits are still being accepted and the per-person limit has not been reached. Each new deposit accrues interest from its own start time. ::: :::details Why is the "Invest" button inactive? The deposit period may have ended — in that case, you will see the label "Deposits closed". If the required amount has already been raised, you will see the label "Amount raised". ::: :::details How much will I receive? The forecast is shown when you enter the amount and on the confirmation screen — "Expected payout". If the payout is delayed, interest will continue to accrue, and the final amount will be higher. ::: --- Source: https://help.pswallet.org/en/savings/staking