In the evolving world of decentralized finance, staking is more than just a way to earn passive income—it’s a commitment to supporting the network and earning exclusive rewards based on your engagement. The Assetux Staking System offers users the opportunity to lock up $ASX tokens and enjoy multiple benefits tailored to each user's chosen tier. Here, we’ll break down how the staking system works, the rewards available, and how different tiers open doors to unique benefits.

What is Staking on Assetux?

Staking in the Assetux ecosystem involves temporarily locking up $ASX tokens in exchange for a variety of perks. The longer you commit your tokens, the more you stand to gain, whether through enhanced rewards, reduced fees, additional energy, or a share in the protocol's success. This system also promotes network security by encouraging long-term commitment, making it an essential part of the Assetux community.

How Staking Works?

With Assetux, staking rewards are structured around four distinct tiers: Bronze, Silver, Gold, and Diamond. Each tier has unique requirements and provides different benefits, allowing users to choose the commitment level that best suits their goals. The tier-based system means that the more you stake—and the longer you’re willing to commit—the higher the rewards and benefits you unlock.

To start staking:

1. Select a tier based on your token holding and staking period.

2. Commit the specified amount of $ASX tokens to a designated staking pool.

3. Reap rewards based on your tier’s benefits and the length of your stake.

Staking Tiers and Their Benefits

The Assetux Staking Tiers are designed for different commitment levels. Here’s a breakdown of what each tier offers:

Diamond Tier:

• Requirement: Stake 250,000 ASX or more

• Benefits:

  • 0.01% smart account fee when using ASX

  • 0.1% cross-chain exchange fee in ASX

  • Access to exclusive microtasking, campaigns, and a private Telegram group

Gold Tier:

• Requirement: Stake 100,000 ASX or hold 200,000 ASX

• Benefits:

  • 0.01% smart account fee in ASX

  • 0.3% cross-chain fee in ASX

  • Whitelisted for Geek-specific activities

Silver Tier:

• Requirement: Stake 25,000 ASX or hold 50,000 ASX

• Benefits:

  • 0.03% smart account fee in ASX

  • 0.6% cross-chain fee in ASX

  • Whitelisted for Amateur activities

Bronze Tier:

• Requirement: Stake 5,000 ASX or hold 10,000 ASX

• Benefits:

  • 0.07% smart account fee in ASX

Lock Periods and Reward Benefits

Initial rewards distribution includes an allocation of 120 million ASX tokens across different staking pools. The lock period you choose impacts your rewards. Assetux offers several options, each with its own Annual Percentage Yield (APY) and additional perks:

• 2-Year Pool:

  • APY: 18%

  • Protocol Fee Share: 10%

  • Allocation: 36 million ASX

  • Max Pool Size: 50 million ASX

  • Annual Distribution: 9 million ASX

  1-Year Pool:

  • APY: 12%

  • Energy Bonus: +1 extra energy for every 500 ASX staked (up to +25 energy)

  • Allocation: 36 million ASX

  • Max Pool Size: 75 million ASX

  • Annual Distribution: 9 million ASX

  6-Month Pool:

  • APY: 8%

  • Energy Bonus: +1 extra energy for every 1,000 ASX staked (up to +10 energy)

  • Allocation: 30 million ASX

  • Max Pool Size: 100 million ASX

  • Annual Distribution: 8 million ASX

  3-Month Pool:

  • APY: 4%

  • Energy Bonus: +1 extra energy for every 1,500 ASX staked (up to +5 energy)

  • Allocation: 18 million ASX

  • Max Pool Size: 125 million ASX

  • Annual Distribution: 5 million ASX

Each pool has a designated annual distribution that ensures fair returns for participants. These pools will undergo periodic reviews to ensure they align with the evolving needs of the ecosystem.

NFA: The 2-year lock provides the highest APY and an added benefit of a protocol fee share, ideal for committed stakers aiming for maximum rewards.

Gated Tasks and Buy-Back Program

Gated Tasks offer an additional way to boost your staking benefits. These are exclusive tasks that can only be accessed by meeting certain requirements, such as meeting a minimum ASX balance, or a specific staking tier.

Assetux also has a Buy-Back and Reuse Program. To promote token stability and long-term value, 26% of profits will be dedicated to buying back ASX tokens in the future, with 10% of this amount specifically allocated to boost staking rewards for two years. This buy-back mechanism supports token value appreciation and incentivizes user engagement by increasing potential rewards.

Join the Assetux Staking Community

By staking on Assetux, you’re not only working to grow your assets but also supporting the Assetux network and gaining access to exclusive benefits and perks.

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