# Staking your $KYOKO

Once Kyoko project is launched, A great proportion of interest income is distributed to veKYOKO holders, to align incentives between liquidity providers and governance participants (veKYOKO holders).

Collected income will be distributed them to veKYOKO holders. veKYOKO stands for vote escrowed $KYOKO, they are $KYOKO vote locked in the Kyoko DAO.

### Locking your $KYOKO

Once you know how much and how long you wish to lock for, visit the following page: TBD

Enter the amount you want to lock and select your expiry. Remember locking is not reversible. The amount of veKYOKO received will depend on how much and how long you vote for.

You can extend a lock and add $KYOKO to it at any point but you cannot have $KYOKO with different expiry dates.

### Claiming your shared income

[Claiming shared income](https://app.gitbook.com/o/-MbQKd_hAtck3aeWiuyP/s/ZrMiWB6jaq4rBtH5JsRR/~/changes/163/how-it-works/peer-to-pool-p2p/understanding-usdkyoko-in-p2p/staking-shared-income/claiming-shared-income)

### How to calculate the APY for staking $KYOKO?

The formula below can help you calculate the daily APY: TBD


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