Liquidity Model
PrimeStaking's liquidity model ensures that psXDC remains a usable, tradeable asset while staked XDC generates validator rewards.
psXDC Liquidity
Token Properties
Name
psXDC (Prime Staked XDC)
Mint ratio
1 XDC = 1 psXDC (always)
Network
XDC Network
Transferable
Yes - standard XRC-20 token
Earns rewards
Yes - holding psXDC accrues staking rewards
Redeemable
Yes - burn psXDC to withdraw XDC
Minting & Redemption
Minting: Users deposit XDC and receive psXDC at a 1:1 ratio, instantly
Redemption: Users burn psXDC to initiate a withdrawal; XDC is returned after validator queue processing (~31 days average)
No slippage on mint/burn: The ratio is protocol-enforced at 1:1
Market Liquidity
psXDC is paired with XDC on the XSWAP DEX, providing a secondary market for users who want instant exit without waiting for the validator queue.
Partners should note that DEX liquidity depth determines how large a position can be exited instantly without price impact. The protocol redemption path (burn psXDC → wait ~31 days) is always available regardless of DEX liquidity conditions, and guarantees 1:1 redemption.
Withdrawal Queue
How It Works
User submits a withdrawal request (burns psXDC)
The protocol initiates validator unstaking
XDC is returned after the XDC Network validator queue processes the request
Average processing time: ~31 days
The ~31 day timeline is determined by the XDC Network's validator unstaking mechanism and is standard across all XDC staking implementations - not specific to PrimeStaking.
Implications for Partners
Not instant
Withdrawals are subject to network-level validator unstaking delays
Predictable
~31 day average; transparent queue position
No partial fills
Full withdrawal amount is returned once processed
Instant alternative
Users can swap psXDC on XSWAP DEX for immediate exit (subject to pool depth)
User communication
Partners should clearly communicate both withdrawal paths to users
Liquidity Risk Assessment
psXDC depegs from XDC
Low
Medium
DEX liquidity pool, arbitrage incentives, 1:1 protocol redemption
DEX liquidity dries up
Low
Low
Protocol redemption always available (with queue delay)
Mass withdrawal event
Low
Medium
Validator queue processes requests sequentially; no protocol insolvency risk
Key Metrics for Partners
All metrics below are verifiable on-chain:
Withdrawal queue length
Number of pending withdrawal requests
On-chain
Average processing time
Historical average for withdrawal completion
On-chain
Peg ratio
Current market price of psXDC vs XDC
XSWAP price feed
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