⚪STAKING
Overview
Staking $CPX allows holders to earn additional $CPX rewards while supporting the long-term stability and growth of the CipherX ecosystem.
The CipherX Staking Program is powered by fees generated through our integrated network of exchange partners. These fees are automatically used to buy back $CPX from the open market, creating consistent demand and rewarding committed participants.
A portion of these buybacks — 10% of total partner fees — is allocated directly to the staking pool. This process is managed by an automated buyback mechanism, executing continuous, randomized purchases of $CPX–SOL pairs on Solana. The acquired tokens are then bridged to Ethereum weekly, where they are automatically deposited into the staking contract and distributed to stakers.
How It Works
Reward Allocation
Rewards are distributed based on each participant’s share of the total staked pool. The higher your stake, the greater your portion of weekly rewards.
Continuous Reward Flow
Staking rewards are distributed in a smooth, real-time sequence over a rolling 7-day period. Each Monday at 08:00 UTC, the staking smart contract adds the previous week’s accumulated $CPX buybacks to the distribution pool, which are then streamed to stakers every second throughout the week.
Real-time APY calculations are displayed on the staking dashboard, refreshed every 30 seconds for transparency and accuracy.
Unstaking Options
CipherX offers flexible withdrawal options, allowing users to choose between delayed, penalty-free unstaking or instant withdrawals with a small penalty.
Option 1: 14-Day Notice (No Penalty)
Submit a 14-day notice to unstake without any penalties. During this period, your tokens remain locked and do not generate additional rewards. After the notice expires, you can claim your original stake plus all rewards earned up to the notice date.
Option 2: Immediate Withdrawal (With Penalty)
For users who prefer immediate access, CipherX allows instant unstaking with a 14% penalty applied to the total staked balance, including earned rewards.
Penalty Distribution
The 14% withdrawal penalty is reinvested into the CipherX ecosystem to maintain fairness and sustainability:
60% → Staking Pool Returned to the staking pool, increasing future rewards for remaining stakers.
20% → Token Burn Permanently removed from circulation, reinforcing CipherX’s deflationary model.
20% → Treasury Allocated to the CipherX Treasury to support continued development, partnerships, and ecosystem growth.
Penalty-derived rewards are released back into the staking pool gradually over 30 days, following the same smooth, per-second distribution flow.
Terms of Service
Participation in the CipherX Staking Program requires agreement with our Terms of Service. Please review them carefully before staking to ensure full understanding and compliance.
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