Staking Entry
NELX' staking mechanism enables users to securely stake NELX tokens and receive nNELX tokens as a representation of their staked position. This entry process ensures transparency, efficiency, and seamless integration with the NELX ecosystem.
Process Overview
Initiating Staking:
Users deposit NELX tokens into the NELX staking contract on the desired blockchain network (Ethereum, Solana, or Cardano).
The staking contract securely locks the deposited NELX tokens.
Issuance of nNELX:
Upon successful staking, the contract mints an equivalent amount of nNELX tokens and transfers them to the user's wallet.
nNELX serves as a derivative token that represents the user's staked position and entitles them to proportional staking rewards.
Rewards Accumulation:
The staking pool automatically accrues rewards, which are distributed to all nNELX holders.
The value of nNELX grows in line with the rewards generated, eliminating the need for manual claiming.
Staking Contract Addresses
Below are the NELX staking contract addresses for the supported blockchain networks. Ensure that staking interactions occur on the correct network to prevent errors.
Network
Contract Address
Ethereum (Mainnet)
0x... (Insert actual address)
Solana
0x... (Insert actual address)
Cardano
0x... (Insert actual address)
Note: Verify these contract addresses through official Nebeus documentation before proceeding with any transactions to ensure accuracy and security.
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