NEXIUM
  • 🔦About Nexium
    • 🔎Introduction
    • Why Nexium
  • âť—Problem statement
  • 🎯Mission and Vision
  • AI Powered Interoperability
  • Supported networks
  • How It Works
    • Bridge
    • Telegram Bridge Bot
    • Staking
    • API
  • Ecosystem
    • Nexium Bridge
    • Nexium Telegram Bot
    • Neixum Staking
    • Nexium API
  • Overview
    • đź’¸Revenue Model
    • Roadmap
    • Tokenomics
    • đź’»Developer Tooling and SDK
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  1. How It Works

Staking

  1. Connect Wallet • Users visit the staking section on our website (e.g., app.nexium.finance/staking). • click “Connect Wallet

  2. Select Staking Pool

Users can select from multiple staking pools, such as:

Pool Type Lock Duration APR / APY Notes Flexible Pool None 8–12% APR Withdraw anytime 30-Day Pool 30 Days 15–20% APR Higher rewards, locked period 90-Day Pool 90 Days 25–30% APR Premium rewards

Each pool has different: • Reward multipliers • Compounding settings • Token pair requirements (e.g., NEXIUM, NEXIUM-BNB LP)

  1. Stake Tokens • User enters the amount to stake (e.g., 1,000 $NEXIUMM). • Clicks “Stake Now”. • A transaction prompt appears in the wallet: • First, “Approve” the token (one-time) • Second, “Stake” transaction • Once confirmed, the staking contract receives the tokens and locks them.

  2. Track Rewards & Performance • The dashboard updates in real time with: • Amount staked • Time remaining (if locked) • Estimated rewards • Claimable rewards • APY growth chart • Live staking leaderboard • Pool health and TVL (Total Value Locked)

  3. Claim Rewards • Rewards accrue per block or per second. • User clicks “Claim” to receive earned rewards. • The site prompts a wallet transaction to transfer the reward tokens (e.g., NEXIUM or partner tokens).

  4. Unstake Tokens • Flexible Pools: Users can unstake anytime. • Locked Pools: Only after the lock duration has passed (e.g., 30 days). • After unlocking: • User clicks “Unstake” • Confirms via wallet • Tokens are returned to wallet balance

  5. Optional • Auto-Compounding: Reinvest rewards automatically into the staking pool. • Referral Bonuses: Get extra rewards for inviting others to stake. • Dual Rewards: Earn two tokens (e.g., NEXIUM + partner token). • Gasless Staking: Platform may cover gas on select chains (e.g., BNB Chain, Polygon). • APY Boosts: Earn higher rewards for holding/staking additional tokens (e.g., Nexium NFTs or governance tokens).

Example Staking Flow: 1. Visit Nexium staking site 2. Connect MetaMask wallet 3. Choose 30-day staking pool 4. Approve and stake 1,000 NEXIUM 5. Rewards accumulate daily 6. After 30 days, unstake and claim rewards

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Last updated 16 days ago