Staking
Last updated
Last updated
IDEX staking enables traders, market makers, and fans of IDEX to operate part of the IDEX infrastructure and, in the process, contribute to the decentralization of IDEX and robustness of the platform. Stakers use IDEX tokens and run IDEXd staking software to operate a node. Stakers earn 50% of trade fees collected by the network as compensation for their work.
Staking node operators maintain a real-time copy of the IDEX order book and other system data and provide compatible REST API endpoints to the public. This reduces the IDEX operational costs by offloading popular API operations. Maintaining a staking node does not require the use of bonds and therefore offers a riskless (no possibility of slashing) staking experience.
There are 2 ways holders of IDEX can participate in staking:
1) Operate your own staking node
2) Delegate your IDEX to an existing node
For more information check out our staking guide:
