Stake and Earn
Staking involves locking up AXC through AXIA Capital Bank, and taking it out of the circulating supply, for a fixed time period for a fixed return.
Most importantly, these staking rewards are compounded daily. This can lead to very rewarding rates of return.The longer you stake your AXIA Coin, the higher the yield you’ll receive. Just set your rate, sit back and watch your account grow. Build wealth over time.
AXIA Capital Bank offers staking terms ranging from a minimum of 3 months to a maximum of 24. The longer you stake your AXIA Coin, the larger the reward you will receive with a maximum APY of up to 192%. The daily rewards are compounded making longer terms much more advantageous. Good things come to those who wait.
AXIA Staking Program Frequently Asked Questions
What is staking?
Staking is the process of delegating a fixed amount of your AXIA Coins out of circulation for a specified length of time. In exchange, you can earn rewards based on the amount you wish to stake and the length of time you choose to stake for.
What does APY mean?
A: Annual percentage yield. The rate that you will receive for staking. For example, if you stake 1000 AXC at an APY of 192% that is compounded daily over 24 months, you have 46,386.03 AXC at the end of the term if there was no movement on price; the original investment, plus the 192% APY you generated through staking.
What if there is a change in price in the coin/token?
With AXC, if the value increases relative to USD, then the value of the rewards you accumulated to date increases by the same amount. If the value decreases then you would receive more rewards based on the lower value. With AXC you benefit from the increase in value and receive a hedge against a decrease in value.
Are there any benefits to staking outside of the APY?
Yes. By removing your coins from circulation, you provide strength to the network which has the potential to generate greater value.You will also still earn the same amount back even if that currency has increased in value over time. Therefore, there is the potential to receive multiple benefits at the same time.
Furthermore, whenever a coin is added to the pool of AXC staked, an equivalent amount is also taken from the Total Supply to be burned, creating even more scarcity, which provides value for yourself and all others in the ecosystem simultaneously.
Why are longer terms more favorable?
The longer you stake, the longer that the currency will not be a part of a circulating supply. Therefore, it is more advantageous for both the network and you when staking is set in for a longer term. For you, the yield is higher. For the network, a lower circulating supply means that there is more scarcity which is beneficial.
Once I stake my coins/tokens, can I still use them?
Staking means that you are removing coins/tokens from circulation, therefore, the coins are put aside until the end of the term.
Can I rollover at the end of the term?
If a Staking Pool is available at the end of the term it will be possible to rollover into another pool. However, please note the compounding daily rate is not only lower with this strategy, but there is both the possibility the APY will change in the future and there may be no Staking Pool available. Therefore, this option is much less favorable.
What returns can I earn through staking?
Refer to the below chart for all APY rates based on periods staked.
The Power of Compounding Your AXIA Coin (AXC)
|Coin Staking Term||Annual Rate of Rewards||Daily Reward||Total at End of Term per 1000 AXC staked|
*All rates represent Annual Percentage Yield
**Rewards are paid out and compounded daily
***Totals assume no change in value of AXC
****1.00 AXC/USD value used for example purposes only
*****Rate of Rewards are subject to change