Staking

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Staking provides ALD holders with a dominant strategy that allows ALD holders to keep their share of total supply constant when no incremental bond comes into the system. 
When ALD holders stake ALD, they will receive 1:1 XALD, and get rebase rewards once per epoch.
Rebase rewards is calculated as:
                                          emissionepoch=SupplyALD∗RewardRateemission_{epoch}= SupplyALD*RewardRateemissionepoch​=SupplyALD∗RewardRate
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The initial RewardRate=0.3%RewardRate=0.3\%RewardRate=0.3%
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Staking yield is calculated as:
                                         RewardYield=emissionepoch/stakedALDRewardYield=emission_{epoch}/stakedALDRewardYield=emissionepoch​/stakedALD
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​stakedALDstakedALD  stakedALD
 is the number of ALD staked
As each epoch is 6400 blocks (1 day), staking APY is calculated as:
                                            APY=(1+RewardYield)365−1APY=(1+RewardYield)^{365}-1APY=(1+RewardYield)365−1
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Staking income is awarded to those who contribute to the system, with different lock-up periods. xALD enjoys compounding interest.
1.Bonded ALD goes directly into the Staking Pool and will receive xALD with a 5 day linear vesting period.
2.Staked ALD receives xALD after entering Staking Pool with a linear vesting period of 9 days.
3.Airdrop recipients automatically get xALD and enter Staking Pool with a 9 days linear vesting period. xALD can be claimed when it expires and vested xALD can be unstaked to ALD at any time.
Bonding
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Last modified 7mo ago