Atlas DEX $ATS Staking

What is staking?

Staking allows long-term token holders to be rewarded over time. It requires holders to put away or ‘stake’ their tokens into a staking pool.

$ATS staking is something our community has been keenly waiting for, so we wanted to share some information before launch!

How will staking work on Atlas DEX?

75% of our trading fee revenue will go to our $ATS staking pool! We wouldn’t be where we are without our community, and staking allows for $ATS token holders to share 75% of fees generated from trading.

 | Users will be able to stake and unstake their tokens at any time

| Tokens are 100% unlocked when claimed

| No withdrawal fees when unstaking tokens

In addition to rewards from fee revenue, xATS holders will be able to access exclusive benefits! We’ll be introducing a tiered reward structure for xATS holders in the coming weeks, but here’s a sneak peak of a few benefits…

 | Whitelist priority for projects in the Atlas DEX ecosystem

| Eligibility for airdrops & NFT giveaways

| Governance (such as voting rights on project decisions)

New to staking?

Here’s a few things to know:

1. Staked ATS = xATS
2. APY indicates Annual Percentage Yield on your xATS
3. The ratio of xATS to ATS = the multiplier of how much your ATS is worth when you unstake your xATS

Here’s an example:

• If you stake 1,000 ATS, it becomes 1,000 xATS.
• When you want to unstake your xATS and the stake pool’s ratio is at 1 xATS = 1.17 ATS, you receive 1,170 ATS when you unstake your 1,000 xATS.

Helpful step-by-step guide in Gitbook on ‘$ATS Staking’.

Source:
https://atlasdex.medium.com/atlas-dex-is-launching-ats-staking-30fe634be5d5