> For the complete documentation index, see [llms.txt](https://docs.swipe.org/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.swipe.org/introduction/overview.md).

# Staking

The Swipe Network is a decentralized finance application that enables users to bond Swipe Token (SXP) to a smart contract to guarantee the conversion rates between crypto-to-fiat. The way this is performed is that each conversion that occurs on the Swipe Payment rails occurs in real-time. SXP is then held as a bond between the conversion to guarantee the conversion from crypto to fiat on the payment networks.&#x20;

Users who stake SXP and bond it to the Swipe Network will receive their proportionate share of the Network Rewards currently set at 20,000 `SXP` per day. This number is dynamic and can be controlled later through the Swipe Governance protocol.&#x20;

Swipe Network collateral bonded is controlled only by the supplier as the smart-contract has no administrative control over your funds. Users are able to supply and withdraw SXP collateral on-demand.<br>
