💰Staking

DXL staking is closed. The pages in this section describe a program that ran from January 2022 and are kept as a record. Reward distributions ended on 14 November 2022, and the staking interface and the wallet that signed for it have both been retired.

None of the benefits described below are available any more. If you still have DXL staked, it is safe and it is still yours. See unstaking.md.

Greeting! Dexlab Community!

As previously announced, on January 10th our Staking program will go live on Dexlab. We are delighted to clarify the details of our Staking program. Here is an easy-to-understand, step-by-step guide for everyone!

First and foremost, as we always set our mind to be a community-driven project, we have prepared various benefits for staking pool users. The details are as follows:

• APY during staking

-APY will differ every month. Rewards will be paid in relation to the fees incurred in Dexlab.

-Staking rewards will be paid weekly. (If you cancel staking before compensation, compensation will not be paid.)

-Staking is carried seasonally, and benefits for each season may vary also.

• Guaranteed airdrop event allocation (100%)

-There will be different types of airdrops, from even airdrop amounts or varying amounts according to the staking quantity of the user.

• Dexlab IDO Ranking Pool Participation Ticket

-If you are in the ranking according to the staked quantity, you will get a guaranteed part in IDO sales depending on your ranking. It follows the existing ranking system. If you do not stake, you will not be included in the ranking.

• Increase the chance of Dexlab IDO sale Standard pool

-If you did not stake DXL but participated in a standard pool, one ticket will be given. However, if you stake your DXL, you will get 1 ticket per 100 DXL. The winning rate increases with the number of tickets you have.

• Pre-test privilege

-Dexlab will draw a pre-test privilege lottery ticket for new services in the future. You never know what’s to come.

The original announcement is archived here: https://medium.com/dexlab-official/dexlab-staking-a-to-z-b431f2bfe344

Looking for the Staking tutorial? 👉🏻 Click 'Next.'