Staking

Staking as a way to provide liquidity

Providing liquidity to tokens is usually complicated and comes with associated risks like impermanent loss. Plus is hard to do it in a safe and automated way. Vortex brings some innovation to this issue. Users can provide liquidity to tokens simply by staking their ETH on the platform. Vortex gathers together all the staked ETH, which is used to provide the initial liquidity to all tokens that launch on the platform and the revenue generated is distributed with the stakers according to their staked amount and time staked.

Earn a share of the platform's revenue

Stakers benefit directly from the success of the platform through a revenue-sharing model. 30% of all the platform revenues are distributed to the stakers as ETH rewards.

Claiming Rewards

Users can claim their accumulated rewards at any time. This process involves interacting with the staking dashboard, where users can see their available rewards and choose to claim them, transferring the rewards directly to their connected wallet.

Claiming rewards requires a transaction on the chosen blockchain, thus incurring gas small fees.

Unstaking Process

Users can request to unstake their ETH at any time through the staking dashboard. The unstaking process is typically immediate, allowing users flexibility and control over their funds.

In scenarios where all the funds are being lent, the unstaking requests might be queued. The maximum time for an unstaking request to be processed is up to 7 days which is the time needed for Vortex to retrieve the lent liquidity. This ensures that the platform can manage liquidity efficiently while still meeting withdrawal demands.

All transactions, including staking and unstaking events, are recorded on the blockchain, providing transparency and security for users.