# FAQ

#### What is Splashing?

Splashing is a liquid-staking protocol built on SEI EVM. You stake SEI to help secure and govern the network and receive **spSEI** in return. spSEI can be used as liquid collateral across DeFi to earn extra yield.

#### How do I get staking rewards?

**spSEI** is a yield-bearing token. As validator rewards accrue, the exchange rate `spSEI → SEI` rises continuously. Simply holding spSEI means your position grows automatically, reflecting the staking rewards you’ve earned.

#### How long does unstaking take?

You have two options here:

* **Regular unstaking**: 21-day unbonding period.
* **Instant unstaking**: withdraw immediately by paying a fee.

#### What are the platform fees?

* **Staking-rewards fee**: 95% of the rewards are distributed to all stakers, while 5% of protocol-generated rewards go to the platform as an operational fee.
* **Instant-unstaking fee**: A dynamic, tiered liquidity fee calculated based on the current buffer liquidity. 95% of the collected fee is distributed to all stakers, while 5% goes to the platform as an operational cost.

#### How does instant unstaking work?

The protocol maintains a liquid SEI buffer for instant unstaking (bypassing the 21-day wait). The instant withdrawal fee is automatically reinvested into the staking system, increasing the exchange ratio and proportionally benefiting all stakers based on their stake amount.
