Staking

Staking will have similar mechanics to Hxro Network’s staking protocol in that loyalty through increasing staking term provides the token holder with greater stakeweight (which doubles as voting weight and reward share.

Staking PEP distributes three types of rewards to stakers:

• 30% of the revenue generated by PepperDEX from DEX transaction fees and oPEP redemptions in USDC.

• Stakeweight boosts

• SOL, esHXRO, USDC, USDT, BONK and Other Token Rewards

  • Token rewards are generated from HXRO staked by the PepperDEX Treasury and originate from Hxro Network fees paid by protocols built on top of Hxro Network in the fee denomination collected by each protocol.

Stake PEP to receive vePEP, PepperDEX’s governance token that enables users to participate in PepperDAO’s governance mechanism.