Rewards
The 28% TitanX that is generated from mining is divided into 3 Reward Pools and the Eden Bloom Reward
Staking Reward Distribution
Primary Distribution: TitanX to Eden Token Stakers.
Reward Intervals: Rewards are distributed at intervals of 8, 48 and 88 days.
Distribution Breakdown:
Every 8th Day: (35% of Staking Rewards) of the total accumulated TitanX.
Every 48th Day: (35% of Staking Reward) of the total accumulated TitanX.
Every 88th Day: (25% of Staking Reward) of the total accumulated TitanX.
Eden Bloom Reward
• 5% of TitanX Staking Reward Paid bi-weekly to a random qualified participant each week via decentralized smart contracts.
• To Qualify for the Eden Bloom Reward a User Must have a Minimum of 195,000 Eden Tokens Staked.
Longer Staking Periods = More Rewards & E-Rank
Users who stake their Eden tokens for longer periods will receive a larger percentage of the total rewards allocated to the 3 reward pools. This encourages longer-term staking and reduces circulating supply by locking up tokens for extended periods.
Optional Auto-Compounding Mechanism
Eden offers an optional auto-compounding feature where staked rewards are automatically reinvested into the users stake, growing the user's overall staking position. This creates a snowball effect where the longer someone stakes, the more their position grows, increasing future rewards. This is attractive to users looking for passive, long-term growth. However, tokens that are auto-compounded into an existing stake will not receive new E-Rank Bonuses, only new stakes can receive E-Rank Bonus. One of the primary goals of the Eden Protocol is to become hyper-deflationary fast. If the protocol were to provide additional bonuses for auto-compounding unneeded inflation will occur and dilution of the existing Staker class.
Further Details Regarding the Auto-Compounding Feature
It’s important to note that only Eden tokens are staked. If a User decides to Auto-Compounded their TitanX Rewards back into the Existing Eden Stake the process is as follows:
First, the Smart Contract takes the TitanX Rewards and uses them to Buy Volt from the Volt/TitanX liquidity pool on Uniswap V3.
Next, the Smart contract uses Volt and Buys Eden from the Eden/Volt liquidity pool Uniswap V3
Lastly, the newly purchased Eden tokens are then added to your Existing Eden Staking Position by the Smart Contract.
This increases the number of Eden tokens staked, allowing for a larger staking position that will yield even more TitanX rewards in future payout cycles.
Summary of the Process:
TitanX rewards are automatically converted into Eden tokens by buying from the Uniswap V3 liquidity pools.
These Eden tokens are then added to your existing Eden stake, thereby increasing the size of your stake.
This larger Eden stake will then generate more TitanX rewards over time, creating a compounding effect.
This process ensures that users can passively grow their Lotus staking position.
No Penalties for Late Claims
Unlike many DeFi protocols, Eden does not penalize users for claiming rewards late. This feature ensures flexibility and fairness for all participants while still incentivizing longer staking periods.
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