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Staking
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=SupplyALDRewardRateemission_{epoch}= SupplyALD*RewardRate
The initial
RewardRate=0.3%RewardRate=0.3\%
Staking yield is calculated as:
RewardYield=emissionepoch/stakedALDRewardYield=emission_{epoch}/stakedALD
stakedALDstakedALD
is the number of ALD staked
As each epoch is 6400 blocks (1 day), staking APY is calculated as:
APY=(1+RewardYield)3651APY=(1+RewardYield)^{365}-1
Staking income is awarded to those who contribute to the system, with different lock-up periods. xALD enjoys compounding interest.
  1. 1.
    Bonded ALD goes directly into the Staking Pool and will receive xALD with a 5 day linear vesting period.
  2. 2.
    Staked ALD receives xALD after entering Staking Pool with a linear vesting period of 90 days.
  3. 3.
    Airdrop recipients automatically get xALD and enter Staking Pool with a 90 day linear vesting period. xALD can be claimed when it expires and vest xALD can be unstaked to ALD at any time.
Last modified 4mo ago
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