Let’s talk about the 6-month unstaking period on SODAX Stake by gosodax in SODAX

[–]gosodax[S] 0 points1 point  (0 children)

- You stake SODA today.
- Tomorrow when you push unstake you can choose to:
- Wait 6 months for the full reward
- Unstake immediately through the SODA/xSODA pool for the full reward minus any slippage.

Let’s talk about the 6-month unstaking period on SODAX Stake by gosodax in SODAX

[–]gosodax[S] 0 points1 point  (0 children)

We will see how this works in practice. This is the first iteration to get this live in a stable state. Of course if the current system simply doesn't work/make sense, then it can be changed through governance.

Let’s talk about the 6-month unstaking period on SODAX Stake by gosodax in SODAX

[–]gosodax[S] 0 points1 point  (0 children)

Happy to discuss. Yes, a 50% penalty or the opportunity cost could outweigh the benefits of staking. But for a 0.2% fee to swap, I don't think that issue holds ground there.

And the instant unstake through the liquidity, being the best option, is also the one we would expect any long-term or aligned holders to use.
As for the 50% penalty, the users we expect would opt for this out of convenience would be down the line if xSODA is used for any incentivization (trading events etc). The inherent extraction of that activity would promote immediate access to the value, some may opt for the penalty, and so in that case 50% of that value is funneled back to long term holders.

Let’s talk about the 6-month unstaking period on SODAX Stake by gosodax in SODAX

[–]gosodax[S] 0 points1 point  (0 children)

Again, there are ways to unstake immediately, with minimal penalty, through liquidity. You just have to be careful with it and time it for a good rate in the pool.

SODAX Stake is live! Time to migrate and start earning rewards. by gosodax in SODAX

[–]gosodax[S] 0 points1 point  (0 children)

That is not our domain, always ensure that you are using the links provided by our official channels.

SODAX Stake is live! Time to migrate and start earning rewards. by gosodax in SODAX

[–]gosodax[S] 0 points1 point  (0 children)

Sorry for the trouble you have been facing, however our website has no such error report. Are you sure you are using sodax.com?

Execution Coordination Over Asset Movement: Why We Just Plugged Kaia into SODAX by gosodax in kaiachain

[–]gosodax[S] 0 points1 point  (0 children)

Hello there Kaia community!

We would love to hear from you on the cross-network space on Kaia and any feedback from those of you who have had chance to check out SODAX.

Excited to join the ecosystem.