xDai is the first-ever USD stable blockchain. The market cap is $59,788,734 and the 24h volume is $4,295,113.
xDai blockchain consensus is achieved via Proof of Authority. Investors can leverage their crypto via staking. Currently there are 2 options to earn passive income and staking rewards with your xDai investment as outlined below.
Become Liquidity Provider
- How to stake xDai STAKE?
To participate in the Easy Staking Program, you can visit the official dashboard and connect via Metamask.
To stake, you simply need to initiate a transaction to approve the staking smart contract.
- How much can i make staking xDai STAKE?
In the Easy Staking Program rewards are calculated in two ways.
Time based Return: At Staking Rewards we present the return, that you would get when staking for 1 year consecutively. However the curve for the APY favours long-term stakers.
- Stake 10 days: 1.54% annualized
- Stake 20 days: 3.59% annualized
- Stake 30 days: 4.97% annualized
- Stake 60 days: 6.69% annualized
- Stake 90 days: 7.21% annualized
- Stake 365 days: 7.5%
Supply based Return: If 50% or more of the total token supply is being staked, then the return is 7.5%. If less is being staked then the reward is proportionally lower.
For the total reward rate you have to sum up Time based and supply-based return. So the maximum return is 15%. Make sure to try different scenarios in the xDai Staking Calculator.
- Is there any risk staking xDai STAKE?
By participating in the Easy Staking Program, you are exposed to smart contract risk. However, Quantstamp conducted a full security audit on the EasyStaking contracts. They addressed and resolved all high, medium & low-risk issues. See more information and the full report here.