DYDX Staking

DYDX Staking is an on-chain staking product of Gate.io, which allows users to stake DYDX and easily earn on-chain rewards through dYdX .

The Est. APR of DYDX Staking is dynamically changing on a daily basis along with on-chain staked principal and returns.

After staking DYDX, rewards will be released in the form of USDC based on the amount of staked DYDX.

Est. APR is calculated based on the total amount of DYDX reward earned by Gate.io validators on the dYdX blockchain and is subject to daily market fluctuations.

USDC Return= DYDX Holding Amount * Daily APR / 365 * (DYDX Price of Staked Coin / USDC Price of Reward Coin)

dYdX:USDC reward release: If you stake on day D, interest will start to accrue on D+1 and be paid every day from D+2.

You can redeem your DYDX rewards at any time and the assets will be credited to your account within 1 day(s). The unbonding period is subject to change. During this period, no staking rewards or bonus will be generated from the amount of asset The unbonding period is subject to change.

No. The order cannot be canceled. But you can stake or redeem your DYDX again through DYDX Staking at any time.

Gate.io will charge 4% of the reward as service fees, which include but is not limited to commission, network fees, etc.