💸AXEL Staking - Payouts

Earn Pulse Yield from 3 Payout Pools.

AXEL Staking Overview

• Staked Token: AXEL

• Staking Reward: PLS

Staking Mechanics

• Payment Method: During daily auctions, payment is made in PLS. PLS is allocated to the PLS Payouts Pools for staking rewards.

• Share Acquisition: Users gain shares in the staking contract upon staking AXEL tokens.

Locked Staking Terms

• Minimum Staking Period: 37 days.

• Maximum Staking Period: 1777 days.

Payouts Pools

25% from deposited PLS is going to charge Payouts Pools:

• 7th day: 35%

• 77th day: 35%

• 177th day: 30%

Payouts are perpetual, it means that funds are being distributed in each 7th da

Staking Bonuses

• Bonus Structure: Users earn a staking bonus in addition to regular staking rewards.

• Bonus Range: 1% (minimum) to 300% (maximum).

• Bonus Determination: The bonus amount is based on staking duration - longer stakes yield higher bonuses.

• Bonus Distribution: The staking bonus increases evenly over a period from 37 to 1,777 days.

Frequently Asked Questions about Staking AXEL Tokens

1. What is the staked token and the reward for staking?

   • Staked Token: AXEL

   • Staking Reward: PLS

2. How is the PLS portion used during auctions?

   • The PLS paid during auctions is distributed into staking rewards, Buy & Burn & Grow, liquidity bonding, genesis

3. What happens when you stake AXEL tokens?

   • Users acquire shares in the staking contract when they stake AXEL tokens.

4. What are the terms of the Locked Staking mechanism?

   • Minimum staking period is 37 days, and the maximum is 1,777 days.

5. Is there a bonus for staking?

   • Yes, there's a staking bonus ranging from 1% to 300%, increasing with the length of the stake.

6. When are staking rewards distributed?

   • Rewards are distributed every 7, 77, and 177 days.

7. Does the number of shares affect the staking reward?

   • Yes, the more shares a staker has, the higher their staking reward.

In the future there will be an option for users to burn their stakes as a part of exchange.