# AXEL Staking - Payouts

#### AXEL Staking Overview <a href="#blaze-staking-overview" id="blaze-staking-overview"></a>

* **Staked Token:** AXEL
* **Staking Reward:** PLS

#### Staking Mechanics <a href="#staking-mechanics" id="staking-mechanics"></a>

* **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 <a href="#locked-staking-terms" id="locked-staking-terms"></a>

* **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 <a href="#staking-bonuses" id="staking-bonuses"></a>

* **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 <a href="#frequently-asked-questions-about-staking-blaze-tokens" id="frequently-asked-questions-about-staking-blaze-tokens"></a>

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.**