🪙Staking
How Do Stakes Work?
Staking tokens to gather rewards is one of the many ways the decentralized financial network powered by the XCore provides passive income for users. When a user "stakes" a token, it is placed in the protocol's smart contract rather than remaining in the user's wallet. For this small financial commitment, the system provides incentives in the form of more tokens (now only in the XCores native currency, though more may become available in the future). The XCore offers staking options with the goal of maximizing shareholder returns at the lowest possible cost to the protocol. Using this approach, XCore ensures that our users' resources are always our top priority.
Pools for Staking
In order to earn more XCore tokens, users can stake tokens they have already purchased, converted, or earned through yield farming or lending in staking pools. For each Staking Pool, there are input tokens and reward tokens.
Referral program
Get extra reward for the referrals who are joining the Staking by your link. 5% from their profit goes to your wallet.
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