Staking

There are two fundamental types of staking with Ethereum X, each is implemented slightly different and offer unique rewards.

Strong Hand Staking – You can stake all ERC20 tokens like ETHX in the smart contract to receive rewards. Strong hand staking is designed to provide price stability to the ETHX ecosystem assets and a method for distributing fees collected from the weak hand tax to those who have strong hands. Rewards are in the form of ETHX and ETH.
Validator Staking – ETH 2.0 will move from the proof-of-work Ethereum network to a proof-of-stake. Instead of miners, validators will stake their Ethereum to mint new blocks. The minimum deposit required to become a validator is 32 ETH. ETHX will provide a pool that allows users to band together to become validators and bring the validation rewards to the ETHX ecosystem. Rewards are in the form of ETHX and ETH.
PoolX Staking – With EthereumX it is possible to stake in a pool of tokens and digital assets, which have staking onboard. The minimum deposit required to become a staker in these pools is 32 ETHX. ETHX will provide a pre-defined pool that allows users to band together and stake in a pool of tier 1 assets. Rewards are in the form of ETHX and the pooled asset.

Staking is good for everybody

Stakers will obviously see benefits in collecting direct rewards, but staking is good for the whole ecosystem! As more users stake and lock their tokens, even non-staked holders see benefits; there is a reduction in the available supply, amplifying any increases in demand and mitigating any falls. The more staked, the higher the upwards price will be.

You can't panic sell if your tokens are locked for a minimum of 3 months; this benefits everyone.

Staking Road-Map

Right from the start, we support Strong Hand Staking, providing both ETHX and ETH rewards. PoolX Staking is planned for Q1 2021. Validator Staking is scheduled to be launched in Q2 2021.

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Last updated 4 years ago

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Staking

There are two fundamental types of staking with Ethereum X, each is implemented slightly different and offer unique rewards.

Strong Hand Staking – You can stake all ERC20 tokens like ETHX in the smart contract to receive rewards. Strong hand staking is designed to provide price stability to the ETHX ecosystem assets and a method for distributing fees collected from the weak hand tax to those who have strong hands. Rewards are in the form of ETHX and ETH.

Validator Staking – ETH 2.0 will move from the proof-of-work Ethereum network to a proof-of-stake. Instead of miners, validators will stake their Ethereum to mint new blocks. The minimum deposit required to become a validator is 32 ETH. ETHX will provide a pool that allows users to band together to become validators and bring the validation rewards to the ETHX ecosystem. Rewards are in the form of ETHX and ETH.

PoolX Staking – With EthereumX it is possible to stake in a pool of tokens and digital assets, which have staking onboard. The minimum deposit required to become a staker in these pools is 32 ETHX. ETHX will provide a pre-defined pool that allows users to band together and stake in a pool of tier 1 assets. Rewards are in the form of ETHX and the pooled asset.

Staking is good for everybody

You can't panic sell if your tokens are locked for a minimum of 3 months; this benefits everyone.

Staking Road-Map

Right from the start, we support Strong Hand Staking, providing both ETHX and ETH rewards. PoolX Staking is planned for Q1 2021. Validator Staking is scheduled to be launched in Q2 2021.