Staking

CubixSwap enthusiasts can partake in the solitary staking of well-loved tokens like OP, USDC, and ETH on the Optimism Chain. In contrast to the customary staking in Farms and liquidity pools involving pairs of assets, the Staking mechanism empowers you to accrue yield by staking a singular category of asset. This streamlines the staking experience for your convenience. Staking presents a diverse array of sought-after tokens for yield accumulation. As we broaden this functionality, you'll find an expanding array of options to select from among your cherished tokens.

$OP Staking

A percentage of the trading fees generated on CubixSwap is set aside to fund the buyback and reallocation mechanism. This percentage is dynamic and subject to adjustments based on the platform's financial performance and strategic considerations.

The accumulated funds from the platform fees are periodically used to buy back OP tokens from various exchanges. This process contributes to reducing the circulating supply of OP tokens in the market.

The bought-back OP tokens are not permanently removed but instead reallocated to the CubixSwap community. The reallocation is designed to reward and incentivize active participants, including liquidity providers, token holders, and other engaged community members.

CubixSwap ensures transparency in the entire process. Periodic reports detailing the amount of OP tokens bought back, the corresponding fees collected, and the reallocation events are shared with the community. Additionally, the governance model allows community members to participate in decision-making processes related to the buyback and reallocation mechanism.

The percentage of platform fees allocated for the buyback mechanism is denoted by X. The total trading fees generated during a specific period are represented by Y. The actual buyback amount (B) is calculated as follows:

$B = x * y$

The reallocation amount (R) is determined based on the number of OP tokens bought back (B) and the reallocation percentage (Z):

$R=b*z$

Token buyback and reallocation mechanism embody the platform's dedication to community empowerment and token value appreciation. By transparently utilizing a percentage of platform fees, CubixSwap fosters an ecosystem where users actively contribute and are rewarded, creating a sustainable and thriving decentralized exchange experience.