How to stake on WOO X

Instructions on how to stake your WOO with a centralized exchange

Realizing that not all users want to manage their own private key and use DeFi protocols, WOO X built a centralized portal that allows users to stake WOO via the mobile or web app in a simple one-click experience.

How much is the yield?

Yields are generated in USDC by protocol revenues, which then buys back WOO daily on behalf of the user. The rate fluctuates based on onchain volumes and the price of WOO - as volumes go up or the price of WOO decreases, more WOO is able to be purchased each day.

Other important details

Staked WOO can be withdrawn at any time, but requires a 24-hour settlement period for WOO X to aggregate all new deposits and withdrawals, and perform an onchain settlement.

On the web app, check out WOO Staking in the navigation bar.

On mobile, find the staking shortcut from the home page, or within My WOO.

Users can deposit WOO to WOO X on most popular chains, including Ethereum, Arbitrum, BSC, Avalanche, and Solana. Once the deposit is confirmed, users can stake, and begin

If you have more questions, check out the FAQ on WOO X: https://support.woox.io/hc/en-us/articles/44759090386713--Staking-FAQ