How does staking improve the AdEx ecosystem?
Staking involves holding and locking up a certain amount of ADX tokens to participate in securing the AdEx ecosystem
Security and decentralization
Staking contributes to the security and decentralization of the AdEx ecosystem. By staking tokens, participants support a robust and distributed network that is resistant to malicious activities and centralization risks.
Trustworthiness of validators
Validators are required to put up their own ADX tokens as collateral, which incentivizes them to act in the best interest of the community. The locked-up collateral serves as an incentive for validators to perform their duties with integrity and accuracy.
Stability of the ADX token
The staking process takes out tokens from circulation, therefore reducing token volatility.
Why should you stake?
Earn staking rewards
Staking allows you to earn rewards while supporting the ecosystem.
Upholding token value
Transfer of value from non-stakers to stakers.
Governance participation
Staking gives you voting power in strategic decisions related to the development of the AdEx ecosystem.
Additional incentives
Earn additional rewards from special campaigns and promotions organized by the AdEx team.
Stake your ADX tokens in a few easy steps
Go to the AdEx
Staking PortalConnect your wallet
Choose the amount you want to stake
Confirm the transaction and start earning rewards
What is the role of validators?
In the AdEx ecosystem, validators act as independent entities that use their computational power to ensure the security of the platform
Validating transactions
Validators are responsible for validating transactions within the AdEx platform and ensure that the interactions between advertisers and publishers are legitimate.
Maintaining the security of AdEx
Validators enhance the security of the AdEx platform through their participation in the consensus mechanism. AdEx employs a proof-of-stake (PoS) mechanism, where validators are required to lock a certain amount of ADX tokens as collateral, to enhance security.
Preventing ad fraud
AdEx's PoS consensus mechanism relies on validators to validate and confirm transactions. This mechanism ensures agreement among network participants on the state of the blockchain, preventing double-spending and other potential issues.
Frequently asked questions
How to stake your ADX tokens?
You can stake your ADX tokens in a few easy steps through the AdEx staking portal by connecting your wallet and selecting the amount you wish to stake. A full tutorial can be found here.
What is the APY of the staking pool?
The current staking APY can be found on the Staking Portal.
Why do I need to wait 20 days to unbond?
The unbond period is a security mechanism of staking. If stakers are able to unbond immediately, they can perform a so-called front-running attack on a potential slash penalty and therefore compromise security.
Do I need to unbond the full amount if I want to stop staking?
No. You can unbond just a portion of your staked ADX tokens so the rest can continue earning revenue for you.
Will I stop receiving my rewards if I request unbond?
Yes. You stop receiving rewards from the moment you request an unbond.