💸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
What is the staked token and the reward for staking?
Staked Token: AXEL
Staking Reward: PLS
How is the PLS portion used during auctions?
The PLS paid during auctions is distributed into staking rewards, Buy & Burn & Grow, liquidity bonding, genesis
What happens when you stake AXEL tokens?
Users acquire shares in the staking contract when they stake AXEL tokens.
What are the terms of the Locked Staking mechanism?
Minimum staking period is 37 days, and the maximum is 1,777 days.
Is there a bonus for staking?
Yes, there's a staking bonus ranging from 1% to 300%, increasing with the length of the stake.
When are staking rewards distributed?
Rewards are distributed every 7, 77, and 177 days.
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.
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