XOXNO
  • 🔥Zero to DeFi
    • Introduction
    • DeFi Initiation
  • Smart Explorer
  • E-Mode Master
  • Pro Strategist
  • XOXNO Ecosystem
    • 📖Introduction
    • 🔁NFT Marketplace
    • 🚀NFT Launchpad
    • 🎯XOXNO Liquid Staking
    • 💱eGLD Liquid Staking
      • Protocol Overview
      • Advantages
      • User Actions
    • 🦫Borrow and Lending Protocol
      • Borrow
      • Supply
      • Repay
      • Withdraw
      • Liquidation
      • Flash Loans
      • E-Mode
      • Vault
      • Isolated Pools
      • Several positions for different markets
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  1. XOXNO Ecosystem
  2. eGLD Liquid Staking

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.

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Last updated 3 months ago

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