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:
Staking yield is calculated as:
is the number of ALD staked
As each epoch is 6400 blocks (1 day), staking APY is calculated as:
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.