Advantages

For Users

  • Instant Unstaking with 0% Fees: Users can convert xEGLD back to EGLD instantly when pending EGLD is available, bypassing the unbonding period.

  • Stable and Better APR: Delegations are efficiently distributed across providers, ensuring a stable APR by balancing the total stake across multiple providers.

  • No Forced Fees: Unlike other protocols that impose a fixed cut fee, XOXNO allows providers to set their own fees, offering users greater flexibility.

  • Auto-Compounding: Staking rewards are automatically reinvested, enabling compounding returns and maximizing potential earnings effortlessly, with no user action required.

For Providers

  • Daily Batch Delegations: Ensures fair distribution of staked EGLD among multiple providers, preventing heavy concentration in one validator.

  • Smoother Un-delegation Impact: Reduces the impact of large un-delegations on any single provider, keeping node operations more stable.

  • Autonomous Updates: Providers' data is updated on-chain without admin wallets, making the protocol fairer and easier to manage.

Last updated

Was this helpful?