# Staking ## What is Staking? **Staking is the primary value accrual strategy of Neverland.** Stakers stake their **HOOK** on the [**Neverland Website**](https://neverland.finance) to earn rebase rewards. The rebase rewards come from the proceed from mint procedure, and can vary based on the number of **HOOK** staked in the protocol and the reward rate set by monetary policy. **Staking is a passive, long-term strategy.** The increase in your stake of **HOOK** translates into a constantly falling cost basis converging on zero. This means even if the market price of **HOOK** drops below your initial purchase price, given a long enough staking period, the increase in your staked **HOOK** balance should eventually outpace the fall in price. **When you stake, you lock HOOK and receive an equal amount of CLOCK.** Your **CLOCK** balance rebases up automatically at the end of every epoch. **CLOCK** is transferable and therefore composable with other DeFi protocols. **When you unstake, you burn CLOCK and receive an equal amount of HOOK.** Unstaking means the user will forfeit the upcoming rebase reward. Note that the forfeited reward is only applicable to the unstaked amount; the remaining staked **HOOK** (if any) will continue to receive rebase rewards.