FAQs

Q: How does proof-of-stake work in the Native Yield Staking Protocol?

In the Native Yield Staking protocol, when users stake their tokens (like MATIC, ETH, BNB, etc.), PAXE selects the highest-yield partner and deposits these staked tokens into the partner's farming pool. The partner's pool subsequently issues proof-of-stake (PoS) tokens for PAXE on their platform.

Through a smart contract algorithm, PAXE mints an equivalent amount of PoS tokens (such as pMATIC, pETH, pBNB, etc.) for users participating in the PAXE platform. These PoS tokens represent the staked assets and allow users to monitor their holdings.

At the end of the farming period, users seeking to withdraw their initially staked tokens must return 100% of their PAXE PoS tokens to the pool. PAXE's smart contract algorithm interacts with the partner's pool to ensure the corresponding PoS tokens are redeposited.

This process ensures a secure and transparent method for managing staked assets, confirming that users maintain their original stake before permitting withdrawal.

Q: How many liquidity farming pools are there in PAXE?

PAXE provides a variety of liquidity farming pools to suit different investment preferences and strategies. At present, there is one active liquidity farming pool available in partnership with the DeFi protocol called Sakai Vault. Looking ahead, PAXE plans to expand the pool options to 5, enabling users to select pools that best match their risk tolerance and investment objectives. This expansion will ensure opportunities for both conservative and aggressive investors to maximize their returns.

Q: When is the time to receive daily rewards from liquidity farming?

The exact time of daily rewards from liquidity farming are distributed depending on the third-party protocol settings. To find the precise time for daily rewards distribution, users should refer to their account dashboard, where detailed reward distribution times are usually provided.