Stadle Launches Points System to Reward Early GAS Stakers

Stadle, a new liquid staking solution created by the team behind Carrot Swap, has launched a points system to reward early GAS stakers.

Stadle, a new liquid staking solution created by the Carrot Swap team, has launched a points system to reward early GAS stakers.

These points will convert to Stadle’s governance tokens in the future, once Neo X governance is activated. In total, 1.8 million STD tokens have been allocated as rewards for early stakers.

When the governance module becomes active, these tokens are planned to decentralize decision-making on the platform.

Users can begin earning points by staking GAS and then re-staking the resulting stGAS asset. Currently, stakers can choose between two staking options: they can stake stGAS alone on Stadle or pair it with GAS as a liquidity provider on Carrot Swap.

In most proof-of-stake blockchain networks, staking requires users to lock their governance tokens for a fixed period.

Once the period ends, stakers can withdraw their original stake plus any accrued rewards.

Liquid staking services, like Stadle, allow users to avoid lockup periods and adjust their stakes anytime, often by voting on behalf of users and proxying governance rewards.

The resulting liquid staking token, such as Stadle’s stGAS, can be re-used for additional yield generation.

While Neo X’s governance system is still stake-based, it does not impose a lockout period.

Participants can remain liquid and deposit or withdraw freely, but only stakes active at the beginning of an epoch are eligible for rewards.

This can leave some downtime when changing stake or validator selection in the native staking process.

Stadle aims to offer continuous rewards from the time of staking to unstaking, and give access to other opportunities via stGAS farms.

Another feature Stadle offers is risk mitigation.

Neo X lacks a slashing mechanism, but inactive validators do not receive rewards, which means users staking to such validators miss out on rewards as well.

Stadle aims to address this by distributing its accumulated GAS stake across multiple validators to reduce this risk.

When users stake GAS on Stadle, they will receive the stGAS asset, which can be exchanged back to GAS at an increasing rate as rewards accumulate.

There are no unstaking fees; however, Stadle retains 10% of total staking rewards as a protocol fee.

Half of this GAS will be reserved for “community reinvestment,” with examples including governance token buybacks.

More information on Stadle and its points program can be found at the link below:

https://stadle.xyz/