XDC Liquid Staking
The XDC Liquid Staking system provides a secure, efficient way to stake your $XDC tokens and receive a liquid staking derivative called $psXDC (Prime Staked XDC). It removes traditional barriers—such as high capital requirements, KYC, and hosting expenses—so all XDC holders can earn masternode rewards (paid in XDC) while retaining liquidity.
What Is XDC Liquid Staking?
XDC Liquid Staking is governed by on-chain smart contracts. When you deposit $XDC, you automatically receive $psXDC at a 1:1 ratio, representing your staked tokens. Because $psXDC remains fully liquid, you can trade, transfer, or leverage it in DeFi—all while your underlying $XDC continues to generate staking rewards paid in XDC.
Key Features
Staking Interface
Streamlined Access: A simple platform lets you deposit $XDC for staking.
Instant Derivative Issuance: Upon confirmation, you immediately receive an equal amount of $psXDC.
$psXDC (Prime Staked XDC)
1:1 Ratio: For every 1 $XDC staked, you receive 1 $psXDC.
Proof of Staked Ownership: Holding $psXDC reflects your share of staked XDC (and your share of the rewards).
DeFi-Ready: $psXDC can be traded, lent, or used in liquidity pools.
Rewards Accrual
Masternode Participation: Your staked XDC is allocated to masternodes, which earn rewards regularly.
Periodic Payouts: Rewards accrue automatically and are reflected in the protocol’s total staked balance.
Liquidity Through $psXDC
Immediate Utility: $psXDC is liquid, allowing you to move in and out of DeFi positions seamlessly.
XDC NFTs for Extra Staking: You can additionally stake $psXDC into XDC NFTs for extra rewards—also paid in XDC.
Flexible Exit
Unstake at a 1:1 Ratio: When redeeming, return $psXDC to get your original XDC plus any accrued rewards.
1–32 Day Redemption: Typically, it takes 1–32 days to fully unstake. Until then, you’re free to hold, trade, or transfer your $psXDC.
Guide for Claiming Rewards
Monthly Reward Distribution
Timing: The protocol generally allocates rewards on the last day of each month (or at another set interval).
Proportional Payout: Rewards go to every address holding $psXDC at distribution time, calculated proportionally to the amount of $psXDC held.
No Full Stake Requirement: You do not need to keep your entire original stake; partial ownership of $psXDC still earns you a proportional share of rewards.
How to Use XDC Liquid Staking
Get $psXDC
From the Staking Platform: Deposit XDC on the official staking interface to mint $psXDC.
From a DEX: Purchase $psXDC directly on a decentralized exchange—once you hold it, you start earning rewards.
Start Staking (Platform Method)
Access the XDC Staking platform and choose the option to begin staking.
Confirm the on-chain contract creation.
Deposit $XDC
Decide how much XDC to stake and deposit via the platform interface.
Complete the on-chain deposit transaction.
Receive $psXDC
Once confirmed, you automatically receive a matching amount of $psXDC (1:1). You can now use $psXDC in any DeFi application while earning masternode rewards in the background.
Manage Rewards and Unstaking
Rewards Tracking: Monitor your $psXDC balance to see accrued rewards over time.
Unstake: When you wish to convert back to XDC, burn your $psXDC to redeem your original tokens plus accrued rewards (1–32 days typical processing).
Technical Details
Smart Contract-Driven: Everything—staking, reward allocations, and redemption—happens via secure, audited smart contracts.
Dynamic Reward Calculation: Rewards correlate with masternode performance and are distributed fairly across all $psXDC holders.
On-Chain Transparency: Every interaction is logged on-chain, providing a comprehensive audit trail.
Benefits of XDC Liquid Staking
Easy Staking for All: No need to run a masternode or commit large amounts of capital.
No Hosting Costs: Infrastructure is handled by the protocol, saving you time and expenses.
Full Liquidity: $psXDC keeps your staked funds liquid so you can engage with DeFi while still earning rewards (paid in XDC).
Scalable & Adaptive: Built to support a growing user base and to integrate future upgrades smoothly.
Future Integrations
DeFi Partnerships: Look for deeper integration with lending platforms, decentralized exchanges, and other DeFi applications.
Advanced Features: Roadmap items may include automated reward compounding, multi-asset staking, and more innovative features.
Experience the best of both worlds—stake your XDC for masternode rewards while maintaining liquidity with $psXDC. Whether you stake directly or acquire $psXDC on a DEX, you’ll keep your options open in DeFi and still enjoy XDC-based masternode rewards.
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