MBXL Staking
Last updated
Last updated
MBXL Staking is the easiest way to get MBXL as a reward among MARBLEX services. MBXL is a bridge token in the MARBLEX ecosystem and has an exchange ratio of 1:1 with MBX. MBXL is the only token required to earn rewards from MBXL Staking. Users are able to easily obtain MBXL rewards through MBXL Staking.
Staking and withdrawal are possible at any time without restrictions
Minimum staking amount: 1 MBXL
Maximum staking amount: 200,000 MBXL
Additional staking can be made at any time. Each staking entry displays details such as the staking period, amount, and expected annual return. Users can stake up to 10 times per wallet address.
Depending on the amount staked, different staking fees can apply. The more MBXL staked per case, the lower the fee. The staking fee is calculated separately at the time of staking, added to the staking amount, and deducted from the user's wallet. The fee rate according to the staking amount is as follows.
1.20
0.80
0.50
Example:
When staking 100 MBXL, the fee amounts to 1.2 MBX. In this case, a total of 101.2 MBXL will be withdrawn from the wallet.
Staking fees will be allocated as follows: 50% will be burned, and 50% will be used for ecosystem maintenance.
This policy is subject to change depending on market conditions and the business direction of the project, and any changes will be notified prior to application.
Withdrawal is possible at any time after staking, and returns are processed immediately upon request for the withdrawal. However, depending on the staking period, a withdrawal penalty may occur.
There is no mandatory fee for withdrawal, but penalties may apply depending on the staking period. The penalties decrease or may be waived entirely as the staking duration increases.
The penalty is calculated and deducted separately during the withdrawal, users receive an amount equal to the requested withdrawal amount minus the penalty amount. (Withdrawal amount - Penalty = Received amount)
8.00
4.00
2.00
1.00
0.00
Depending on MBX market price fluctuations, the period, section, fees, and penalties may change after prior notice.
Penalty will be allocated as follows: 50% will be burned, and 50% will be used for ecosystem maintenance.
This policy is subject to change depending on market conditions and the business direction of the project team, and any changes will be notified prior to application.
Financial Resources: 4,000,000 MBXL in Community Funds. The remaining portion not burned in the process will be carried over to the next year.
Paid Token = MBXL
Rewards are distributed per block and can be claimed every five days (D+5, D+10, D+15, etc.). The initial staking time serves as the reference point, which resets if the entire staked amount is withdrawn.
MBXL Staking rewards are calculated according to the staking share, with a maximum APR of 1000%. A natural interest rate applies until the APR reaches 1000%. The maximum APR incorporates the concept of Whale Cap.
The Whale Cap is a system designed to limit the maximum APR, preventing a concentration of rewards among those who staked large amounts of MBXL at the initial stage of the service opening. If the staking amount exceeds the Whale Cap, the APR will be reduced in proportion to the staking ratio. This system ensures the stability of the MBXL staking APR and aims to distribute rewards as fairly as possible to stakeholders across all periods.
Additional rewards are granted to users who participate in long-term MBXL staking. The reward amount varies based on the staking duration, and payouts are subject to a pending period before claim eligibility.
Financial Resources: 1,000,000 MBXL in Community Funds. The remaining portion not burned in the process will be carried over to the next year.
Paid Token: MBXL
Additional rewards are determined based on the duration of the staking period and the amount withdrawn at the time of the withdrawal request. Users who maintain their staking for longer periods can earn higher rewards without facing withdrawal penalties.
The reward amount is calculated by multiplying the withdrawal amount by the applicable interest rate based on the staking period (x) and dividing the result by the total number of deposit days (D).
Users can specify the desired withdrawal amount and withdraw it at any given time.
0.00
2.00
3.00
4.00
7.00
Example:
If 100 MBXL was staked for 100 days and a withdrawal request is made on January 1:
Receipt date for withdrawing 100 MBXL = January 1 (immediate)
Additional reward for long-term staking = 1 MBXL
Receipt date for long-term staking = January 6 (January 1 +5 Days)
Staking amounts meeting the long-term staking conditions can receive reward payments by clicking the 'Claim' button five days after submitting a withdrawal request.
Rewards are not automatically distributed.
Partial withdrawals of staked amounts meeting the long-term staking conditions are allowed; however, additional withdrawals of the remaining balance during the 5-day pending period are not allowed.
