TL;DR

• We are ending CLOUD staking and Active Staking Rewards (ASR) permanently.
• The community will decide on a final distribution of 15,000,000 CLOUD, pro-rata to Staking Score, covering the staking period of 24 August 2025 – 28 July 2026.
• Like previous ASR distributions, the tokens will come out of the Community Reserve. Therefore, a MetaDAO decision market will be opened for a 3-day trading period to decide. If the market rejects it, no distribution is made. Staking ends either way.
• Users may claim their CLOUD rewards until 1 January 2027. After the claim window closes, users may not claim their ASR any more.

Why we are ending it

We introduced CLOUD staking in Feb 2025 because we wanted to empower governance participation. Over six months, the program ran to completion under the CLOUD-1 mandate and distributed 30M CLOUD to ~2000 addresses. It was extremely generous. We distributed effective APYs of ~200% annualized, far above native SOL staking yields of 7–10%.

What we have found over time is that ASR has a negative ROI on the team’s time: the pressure to constantly put up governance votes or coordinate with the community distracts us from day-to-day execution. Moreover, the token dilution from ASR has not staved sell pressure in the recent year. I have previously written about it.

As such, we have made the decision to end CLOUD staking.

Since ASR-2 closed in August 2025, no further rewards have been distributed. Staking Score has continued to accrue for eleven months while we worked out what should come next.

While we did not promise future distributions, we want to treat stakers fairly. We propose that 15M CLOUD from the Community Reserve be distributed pro-rata to Staking Score, contingent on the outcome of the decision market.

The amount is the same but the annualised rate is smaller. This is deliberate. Our reasoning is that the previous rate was highly unsustainable.

That said, stakers still did well. Over this window (24 August 2025 – 28 July 2026), 1 CLOUD staked for the full window earns about 0.234 CLOUD rewards. That’s 23.4% over the eleven months, or ~25.3% APY.

If approved, this would be the final distribution; ASR will cease regardless.

FAQ

What will happen with sCLOUD?

sCLOUD will no longer have any purpose after ASR is shut down. Users may at any time convert their sCLOUD to CLOUD at a 1:1 ratio over 30 days.

Do I need to unstake to claim my rewards?

No, you do not. But you should unstake anyway since ASR is ending.