Auto OTXS Pool
Stake OTXS, earn OTXS!
You've now got two delicious flavors of OTXS-OTXS Pool to choose from: Auto-compounding, and Manual. Read on to learn more!
Auto OTXS & Manual OTXS Pools
What’s the difference between the "Auto OTXS Pool" and the "Manual OTXS Pool"?
With both pools, you can simply stake your OTXS tokens to earn more OTXS tokens.
But there are some differences:
Manual OTXS
- You need to harvest or compound (reinvest) your OTXS by yourself. That means returning to the site, tapping buttons, and using a bit of BNB for transaction fees.
- Interest is displayed as APR, which doesn’t include compounding.
- Deposits Token to your wallet upon staking
Auto OTXS
- Stake your OTXS and forget about it! The OTXS you stake in this Pool will be automatically compounded (reinvested) for you, minus a small fee.
- The "automatic" compounding function is triggered by other users who get a small bounty for triggering it.
- Interest is displayed as APY, which includes compounding.
- A small performance fee is subtracted from your earnings each time the pool is automatically compounded. See below.
- An unstaking fee applies when you unstake within 3 days of manually staking. See below.
- Does not deposit to your wallet upon staking
What are the fees for the Auto OTXS Pool?
Deposit fee
Unstaking fee
- 0.1%
if you unstake (withdraw) within 72 hours.
- Only applies within 3 days of manually staking.
- After 3 days, you can unstake with no fee.
- The 3-day timer resets every time you manually stake more OTXS in the pool.
- This fee only applies to manual unstaking: it does not apply to automatic compounding.
Performance fee
- 2%, subtracted automatically from each yield harvest.
- For exOTXS, if the harvest was 1 OTXS, then 0.02 OTXS would be subtracted as the performance fee.
The OTXS collected via the unstaking fee and performance fee is burned every week as part of the regular OTXS token burns.
This is a good thing for OTXS holders because it reduces the overall amount of OTXS tokens in existence, which helps reduce inflation.
What's the best way to use the Auto OTXS Pool?
Simple: stake your OTXS, but only withdraw after 72 hours (if you need to). This way you only pay the performance fee, and not the unstaking fee.
What’s the Auto OTXS bounty?
Auto OTXS Bounty: 0.05% of all Auto OTXS pool users’ pending yield
This bounty is given as a reward for providing a service to other users.
Whenever you successfully claim the bounty, you’re also helping out by activating the Auto OTXS Pool’s compounding function for everyone.
Make sure the amount of OTXS you receive will be greater than the BNB fees you’ll spend to submit the blockchain transaction!