Stake To Earn
Last updated
Last updated
With Alixa’s Stake to Earn, you’re not just parking your assets – you’re transforming your ETH and ALX holdings into a stream of ETHx rewards. Our unique loyalty point system, bonus mechanism, and flexible unstaking options create a dynamic ecosystem where your rewards compound over time.
ETH Staking: Stake your ETH, eETH, or ETHx without any fees and earn a share of ETHx rewards. Enjoy the flexibility to unstake at any time and receive your stake in the token of your choice, with seamless protocol conversions.
ALX Staking: Leverage your ALX to earn ETHx and additional ALX rewards through our unique Buyback & Earn distribution. Lock your stake for 30 to 365 days to accumulate Loyalty Points (LP) and supercharge your rewards.
Whether you’re looking for steady ETHx accumulation or aiming to maximise your ALX holdings, Stake to Earn offers a unique opportunity to grow your portfolio and earn rewards effortlessly!
When claiming your ETHx rewards, an additional 25% on top of the claimed rewards will be distributed by the protocol, depending on who is doing the claiming. Let’s break it down!
When someone else snipes your ETHx rewards, 20% of the claim distribution is given to the ALX bondholder (sniper) as a reward for their action. Additionally, 5% of the claim distribution is allocated to the ALX Buyback & Burn.
When you self-claim your ETHx rewards, 25% of the claim distribution is allocated to the ALX Buyback & Burn.
Staking your ALX is completely free, with no fees charged for staking or unstaking.
By staking and locking ALX, you earn both ALX and ETHx rewards. The ETHx rewards primarily come from ETH bond purchases, while the ALX rewards accumulate through the protocol's buyback mechanism known as ALX Buyback & Earn.
The amount of ALX and ETHx rewards depends on the lock duration of your stake. Longer lock durations earn more ALX and ETHx due to the accumulation of higher loyalty points.
You can unstake at the end of your chosen maturity period. However, unstaking will reduce your loyalty points, which may affect your future ALX and ETHx rewards.
Yes, there are penalties if you don't claim your ALX rewards. If your lock period has ended and you haven't claimed your ALX and ETHx rewards for more than 7 days, your ALX rewards, along with your bonus loyalty points, will be burned. This can occur if you get sniped, self-claim your rewards, extend your lock, or unstake from your position. If the pending ETHx rewards are sniped, they will be distributed with 50% going to the sniper and 50% to the ETHx Reserve.
ALX stakers are required to lock their stake, those who choose to do so can earn both ALX and ETHx rewards through the protocol's buyback mechanism known as ALX Buyback & Earn. By locking your stake for a period ranging from 30 to 365 days, you accumulate Loyalty Points (LP), which qualify you for these rewards.
The proportion of ALX and ETHx rewards you receive depends on your LP relative to the total LP of all locked ALX stakers. The longer you maintain your lock, the more LP you gather, enhancing your potential rewards. Specifically, for every ALX you lock, you earn LP. Extending the lock duration can significantly boost your LP and, consequently, your rewards.
The protocol features an innovative bonus mechanism that activates upon the purchase of an ETH bond. When a bond is purchased, a 100% loyalty bonus accrues, calculated based on the bond’s earning power.
These bonus points are distributed proportionally among existing stakers according to their loyalty points. The more loyalty points you hold, the greater the share of the loyalty point bonuses you will receive. As more bonds are bought, your loyalty points continue to increase, allowing you to accrue even more points over time.
To become a loyalty point holder, you need to lock your ALX stake for a period ranging from 30 to 365 days. The longer you lock your stake, the more loyalty points you'll accumulate. These points make you eligible for ETHx and ALX reward distributions through the ETH bonding and Buyback & Earn mechanisms.
Yes, you can increase your loyalty points by choosing a longer lock period for your stake. The longer the lock period, the more loyalty points you will earn.
The loyalty point bonus is an extra reward mechanism that activates when an ETH bond is purchased. A 100% loyalty bonus accrues based on the bond’s earning power and is distributed proportionally among existing stakers according to their loyalty points.
ALX and ETHx tokens are distributed among loyalty point holders based on their accumulated loyalty points. The distribution is proportional to the number of loyalty points held by each participant.
Locking your stake for a longer period increases your loyalty points, which in turn boosts your share of the ALX and ETHx rewards distributed through the loyalty program. This incentivises stakers to commit to the protocol for extended durations, effectively removing the token from circulation and enhancing its stability.
