How to stake on Darkex? Step-by-step guide
In this guide, you will find detailed information on how to stake in Darkex, the Welcome Staking opportunity, and all the rules.
How Does Staking Generate Rewards?
Staking returns consist of three main sources:
Block Rewards
In Proof-of-Stake networks, validators produce blocks and earn rewards in return. Staked assets contribute to this validation process.
Transaction Fees
Fees collected from transactions on the network are distributed to validators. Users who stake receive a share of this revenue.
Network Inflation
Some PoS networks distribute rewards through new token generation. This is part of staking income.
Darkex reflects these network revenues to its users through its staking product.
What is Welcome Staking?
Welcome Staking is a promotional staking product offered exclusively to new users who register during the campaign period.
Key feature:
- Promotional rate up to 999% APY
- New users only
- One entry per person
The goal is to enable new users to test the Darkex staking experience with high returns.
Key Features of Welcome Staking
- Valid only during the campaign period
- For new users only
- Very high APR/APY
- Low maximum participation limit
- One-time usage right
This product is not a long-term investment vehicle, but an onboarding promotion.
How Welcome Staking Works
- Sign up and complete KYC
- Deposit funds into your Spot Wallet
- Select the Welcome Staking product
- Stake up to the maximum limit
- At maturity, your principal + reward will be transferred to your Spot Wallet
APR and Yield Potential
APR (Annual Percentage Rate) is the annual nominal yield rate.
Actual earnings calculation:
Earnings = Principal x APR x (Days / 365)
Although the rate is high in Welcome Staking, the total earnings are limited due to the low maximum participation limit.
- Lock-Up Periods and Flexibility
- For fixed staking products:
- Lock-up periods are 7 / 30 / 90 / 180 / 365 days
- Principal cannot be withdrawn before maturity
- Interest is forfeited upon early withdrawal
Lock-up periods also apply for the duration specified in Welcome Staking.
Early Redemption Policies
For fixed-term staking products:
If you exit before maturity:
- Earned interest is forfeited
- Only the principal is returned
Assets cannot be withdrawn during the lock-up period. This is a significant liquidity constraint.
Compounding Opportunities
| Criteria | Short-Term Staking | Long-Term Staking |
|---|---|---|
| Re-Staking Frequency | Allows more frequent re-staking | Reinvestment occurs less frequently |
| Compounding Potential | Can create faster compounding effects | Supports steady long-term growth |
| Yield Dynamics | Adapts more quickly to rate changes | Generally offers more stable yield structure |
| Liquidity Planning | Greater flexibility to reallocate funds | Requires longer commitment period |
| Monitoring Requirement | Requires more active monitoring | Requires less frequent management |
Benefits and Risks: Weighing Your Options
| Benefits | Risks |
|---|---|
| ✔ Passive income opportunity ✔ Daily interest calculation ✔ High APY during campaign periods ✔ Transparent rules and structure |
⚠ Market volatility ⚠ Liquidity constraints due to lock-up period ⚠ APY rates may change depending on market conditions |
Which Staking Method Should You Choose?
When choosing from the staking products offered on Darkex:
- Consider your liquidity needs
- Your risk tolerance
- Promotional opportunities
When Welcome Staking Makes Sense
- If you are a new registrant
- If you want to try the platform with high return
- If you want to take advantage of promotional offers with low capital
Step-by-Step: How to Get Started with Staking
- Create an account
- Complete KYC
- Deposit funds into your Spot Wallet
- Select a staking product
- Set the amount
- Confirm the transaction
- Receive your reward at maturity
Frequently Asked Questions
Can I use welcome staking multiple times?
No. The Welcome Staking promotion is a one-time offer per person.
What happens if I need funds during a staking period?
If you withdraw before maturity, the accrued interest will be canceled and only the principal amount will be refunded.
Are welcome staking promotional rates sustainable?
Welcome Staking rates are for user acquisition and marketing purposes. They are not permanent or unlimited.
How do I calculate my actual earnings?
Profit = Principal x APR x (Days / 365)
Risk Disclaimer
Cryptocurrency investments and staking transactions involve risk due to market volatility. APY rates are not guaranteed and may vary depending on market conditions. Users should trade according to their own financial situation and risk tolerance. Darkex cannot be held liable for any losses arising from user transactions.