Staking

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xExchange V3 introduced a simpler Staking product, a streamlined way to earn yield by staking a single type of token.
Unlike traditional staking in liquidity pools or farms that require pairing assets, Staking simplifies the process—allowing you to stake one token and earn rewards effortlessly in the same token.
Unstaking tokens is subject to a 10-days unbonding period. At the end of this period, a 2nd on-chain transaction will be required, for claiming the tokens back into your wallet.
With Staking, you can earn yield on popular tokens. As this feature evolves, more tokens will be added, giving you even more options to stake your favorites.
Benefits of Simple Staking
- No Impermanent Loss: Since you’re staking only one token, you avoid the risk of impermanent loss associated with asset pairs in AMMs.
- Effortless Staking: Forget about juggling positions or moving tokens. Staking offers a hassle-free experience for earning rewards.
- Daily Rewards: Earn rewards daily based on the APR, which you can claim or reinvest anytime you want.
- Boosted APR from Energy: Boost your rewards by locking your MEX to xMEX to gain Energy.