Staking
Stake your crypto assets in various staking programs guaranteed by WEMIX and earn stable rewards.
- Participate in GRAND Staking, and earn WEMIX as a reward.
- Stake or unstake by participating in DIOS Staking and earn rewards proportional to the staked period.
- Keep your staked assets liquid through LIQUID Staking and use them across various DeFi applications, earning extra profit.
Staking in WEMIX.Fi is a financial program that allows users to keep their assets and participate in stabilizing the blockchain network. Users can participate in "GRAND Staking", the official WEMIX staking product, or in "DIOS Staking," the WEMIX$ price stabilization staking product. Users can check the features and yields of each service and stake their assets.
GRAND Staking is a service where users who have staked their WEMIX tokens are rewarded a portion of the "block reward" generated in the blockchain network. Minimum quantity of staking is 1 WEMIX with no hard limit. However, unstaking of the assets is unavailable until Phase 2 of the WEMIX Governance Roadmap.
DIOS Staking is a service where users who have staked their WEMIX tokens are rewarded a portion of the profit generated from the WEMIX$ stabilization protocol. The users can earn more rewards by staking more WEMIX tokens or increasing their duration of stake.
LIQUID Staking is a service where users receive a portion of the "block reward" generated in the blockchain network. It is also a liquid staking solution for WEMIX, which allows users to stake their WEMIX while participating in on-chain activities, e.g., Pool and Lending.
GRAND Staking | DIOS Staking | LIQUID Staking |
|---|---|---|
Minimum Stake Amount: 1 WEMIX | Minimum Stake Amount: 1 WEMIX | Minimum Stake Amount: 1 WEMIX |
Withdrawal available on Phase 2 | Withdrawal available | Liquid and movable (Withdrawal available on Phase 2) |
No additional points applied | Multiplier points applied | No additional points applied |
Users can find more information on each service from GRAND Staking, DIOS Staking, and LIQUID Staking sections.
The Expected Rewards is the total rewards a user can earn from staking programs. It is calculated based on the number of assets staked by the user, and the expected reward changes when a user stakes more or unstakes their assets. GRAND Staking rewards are paid in WEMIX and become available upon unstaking in the future. DIOS Staking rewards are paid in WEMIX$ and can be claimed and re-staked depending on the user's choice. LIQUID Staking rewards are combined with the value of the initial deposit and exchanged into stWEMIX tokens. You can find more details about the rewards in the sections of GRAND Staking, DIOS Staking, and LIQUID Staking.
Multiplier points is a mechanism that allows users who participate in DIOS Staking to maximize their rewards. Users can convert Multiplier points into Staked MP which has a value of 1 WEMIX per point.
The real-time chart displays information depending on the selected period such as one day, one week, or one month for both staking programs. You can also check the yield rate of change compared to the previous day based on the selected date on the upper left of the graph.
Bob has WEMIX on the WEMIX mainnet and has no plans to utilize WEMIX for the time being. When Bob participates in GRAND Staking, he can stake his WEMIX to earn more rewards. Even thought he has to wait until the next phase where he can then unstake and withdraw his assets and the accrued rewards, Bob doesn't mind due to the high rewards given.
Alice is interested in stablecoins, so she decides to participate in DIOS Staking to contribute towards the stability of the price of WEMIX$, the stablecoin of WEMIX3.0 mainnet. Unlike GRAND Staking, where withdrawals are temporarily restricted, Alice can unstake whenever she wants.
Last modified 1mo ago