Steps from Staking to Voting
Last updated
Last updated
Stake and Earn - Stake $PPX to earn additional $PPX reward with the Two Pool and the reflection rewards coming from the fees, users needs to get selected from epoches through votes.
The principal $PPX is safeguarded against debase while staked within the Populx Staking Plan.
The Staking process will burn your principal and mint the same amount in staking PPX tokens $S-PPX, this will have a direct impact on the main token $PPX
Unstaking Rules - A small 5% fee is applied when unstaking $PPX from the staking plan. If a staker chooses to unstake, they forfeit a portion of their rewards, with the remaining rewards distributed among other stakers.
Choose between the two pool of staking, either Single Asset $PPX or by providing liquidity $LP-PPX and earn an even better rate in %APY.
To have your liquidity staked, you can choose to use the direct "zap" feature to add liquidity to the pool without going through the Uniswap pools. This will make you deposit Eth and earn $LP-PPX and stake in one way.
Introduction to Voting
With our voting system, every member of the Populx community has a voice in shaping the future of our platform. Whether you're a seasoned stakeholder or a newcomer eager to contribute, your input matters. By participating in the voting process, you play a vital role in steering the direction of our ecosystem and shaping its evolution.
To vote :
Access the Voting Portal To participate in the voting process, visit the dedicated voting portal on the Populx dApp. Here, you'll find a comprehensive overview of upcoming 3 randomly made epoches . Once you've assessed the proposals, cast your vote to support the epoch you believe will best serve your interest and the Populx community. Your vote is your voice!
Vote credit can be checked in the Voting tab and the Staking tab at populx.app Each time you are voting you gain extra apy in your dedicated staking pool up to 25%.
Vote Credits can be earn by two ways; staking and compounding rewards from the staking pools.
Claiming Rewards - Claiming rewards is accessible through the staking page.
Compounding - Holders have the unique option to compound their earned $PPX back into the staking plan without going through the claiming process, thereby increasing their share in the treasury.
