βStake
Last updated
Last updated
ALEX staking involves βlocking upβ your $ALEX token on the platform for an amount of time (βrewards cyclesβ) in exchange for earning protocol rewards.
You can think of $ALEX staking as depositing money into an interest-earning account. The longer you keep the money in the account the more interest you earn. Similarly, the longer you stake $ALEX the more rewards you earn.
ALEX provides manual(Customized) ALEX Staking.
Lisa Protocol(https://www.lisalab.io/) is now providing liquid staking for ALEX Staking ($LiALEX)
The protocol rewards are provided in the form of more $ALEX as well as $APower which is only available to stakers to be used in the ALEX launchpad.