Nexapia Staking


See:

Key Staking Pools

Yield Vault Staking Yield Vault Staking Overview

Block Sapiens NFT Staking Block Sapiens NFT Staking Overview

Governance Staking (Coming) Governance Staking Overview

LP Staking LP Staking Overview

How to Stake


Nexapia offers a variety of staking pools designed to cater to the unique needs of various participants within our ecosystem. Whether you're staking Block Sapiens NFTs to earn $FOTON or staking $FOTON to receive $WFLR, our staking options provide multiple avenues for rewards and engagement. By staking $FOTON, our native utility token, users can earn a share of application fees, actively participate in platform governance, and support liquidity provision. These staking mechanisms are crafted to ensure sustainable tokenomics, encourage long-term participation, and cultivate a vibrant and thriving community.


Key Staking Pools

  1. Yield Vault Staking: Earn rewards based on real-time platform activity and trading volume.

  2. Block Sapiens NFT Staking: Stake unique NFTs to earn $FOTON and gain access to additional ecosystem rewards.

  3. : Participate in decentralized governance and earn rewards for active involvement.

  4. LP Staking: Provide liquidity to the $FOTON/$FLR trading pair and receive incentives.


Yield Vault Staking

The Yield Vault allows $FOTON holders to stake their tokens and earn rewards linked directly to the platform’s fee generation. Deposits of $FLR (wrapped or native), F-Assets, or other ERC-20 tokens can flow into this vault from marketplace fees or other external scripts, which are then distributed to stakers on a periodic (3.5 day epoch) basis.

Key Features

  • Epoch-Based Model: The vault aligns with Flare’s ~3.5-day reward epochs. Staked $FOTON becomes active when a new epoch starts, and any mid-epoch unstaking forfeits that epoch’s rewards for the removed portion.

  • Multiple Token Rewards: In addition to $FLR/$WFLR, the Yield Vault can distribute other ERC-20 tokens if they are authorized in the Yield Vault contract.

  • Governance Wallet Integration: Any rewards generated by the Governance Wallet are directed into the Yield Vault and distributed to stakers. This allows community decision-making to contribute tangible benefits to participants.

  • Reward Claims: Users must manually claim their rewards. Unclaimed rewards remain claimable for up to 26 epochs (~91 days). After that, they are pruned and redistributed among active stakers.

  • No Fixed “Pool Closure”: The Yield Vault does not rely on a strict time-lock window. Instead, it continuously operates epoch-to-epoch, utilizing an active/pending stake system which allows participants to join or leave at any time.

  • Incentivized Updates: A small portion of newly deposited tokens may reward the function caller who finalizes epochs or triggers reward distribution updates.

Yield Vault Staking Overview

Feature

Description

Staking Token

$FOTON

Reward Types

$WFLR and later various other ERC-20 tokens (once authorized as platform payment tokens)

Governance Wallet Integration

Governance Wallet rewards flow into the Yield Vault, boosting staker returns

Epoch Duration

~3.5 days (aligned with Flare epochs)

Reward Basis

Based on staker share and any fees/activity deposited into the vault

Unclaimed

Pruned after ~26 epochs and redistributed to active stakers if not claimed


Block Sapiens NFT Staking

Block Sapiens NFT Staking allows holders of Block Sapiens NFTs to stake their unique tokens and earn $FOTON rewards. This mechanism not only incentivizes NFT ownership but also enhances the utility of our NFT collection within the Nexapia ecosystem.

Key Features

  • Staking Multipliers: NFTs have varying multipliers based on rarity (1x to 3x).

  • Rewards Pool: 10,000,000 $FOTON allocated for NFT staking rewards.

  • Sustainable Distribution: Follows the exponential decay release model.

Block Sapiens NFT Staking Overview

Staking Token

Block Sapiens NFTs

Reward Token

$FOTON

Staking Multiplier

Ranges from 1x (lowest rarity) to 3x (highest rarity)

Total Allocation

10,000,000 $FOTON

Distribution Rate

33% of remaining allocation distributed annually


Governance Staking (Coming)

Governance Staking will empower the Nexapia community to actively participate in the platform’s decision-making processes. By staking $FOTON & Block Sapiens NFTs, users can propose and vote on governance initiatives, ensuring decentralized and community-driven development.

Key Features

  • Active Participation: Stakeholders engage in governance proposals and voting.

  • Rewards Allocation: 12,000,000 $FOTON reserved for governance participants.

  • Sustainable Rewards: Adheres to the exponential decay release model

Governance Staking Overview

Staking Token

$FOTON

Reward Token

$FOTON

Total Allocation

12,000,000 $FOTON

Distribution Rate

33% of remaining allocation distributed annually


LP Staking

LP Staking incentivizes users to deepen liquidity of FPeX trading pairs on the Nexapia platform. By staking liquidity positions, liquidity providers help maintain market stability and earn rewards in return.

Key Features

  • Liquidity Provision: Stake concentrated liquidity positions to earn from incentives and support select FPeX trading pairs.

  • Rewards Allocation: 25,000,000 $FOTON dedicated to LP staking.

  • Sustainable Rewards: $FOTON rewards follow the 33% exponential decay release model.

Permissionless Incentives

Anyone can create an LP staking incentive on FPeX, deposit any token as the reward token, and set their own distribution duration. This open model allows projects, communities, or individuals to fund incentives for any trading pairs without needing approval.

Find out how to Open a LP Incentive here.

LP Staking Overview

Staking Token

$FOTON/$FLR LP Tokens

Reward Token

$FOTON & More

Total Allocation

25,000,000 $FOTON

Distribution Rate

33% of remaining allocation distributed annually


How to Stake

Staking on Nexapia is designed to be user-friendly and accessible. Follow these steps to participate:

  1. Acquire Nexapia Tokens: Obtain $FOTON, Block Sapiens or FPeX LPs through initial sales or on supported marketplaces.

  2. Connect Wallet: Use a WalletConnect compatible wallet (e.g., MetaMask or BiFrost) and connect it to the Nexapia platform.

  3. Choose Staking Pool: Navigate to the Staking section and select your desired staking pool (Yield Vault Staking, NFT Staking or LP Staking).

  4. Stake Tokens: Specify the amount of $FOTON or NFTs you wish to stake and confirm the transaction.

  5. Earn & Claim Rewards: From $FOTON to WFLR, monitor your staking rewards through the corresponding dashboards and claim them within each vault’s recommended timeframe (before the 26-epoch claim window closes).


Further Reading

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