πŸ”’Staking $SONX

Staking is a foundational component of the Sonarix protocol, designed to incentivize long-term participation, secure the system, and align the interests of users with the protocol’s growth.

By staking $SONX, users lock their tokens in exchange for passive yield, early access to features, and governance power as the platform evolves.

πŸ› οΈ How Staking Works

Sonarix allows users to stake $SONX tokens in return for protocol-generated rewards. These rewards are distributed from a staking pool and may consist of:

  • Protocol revenue (e.g., interest margin, liquidation fees)

  • Emission-based incentives (from a predefined pool)

  • Bonus multipliers for early or long-term stakers

Staking is available in two modes:

1. Flexible Staking

  • Users can deposit and withdraw $SONX at any time

  • Yields are lower, but liquidity is unlocked

  • Rewards are claimable periodically (e.g., every epoch or weekly)

2. Locked Staking

  • Users commit $SONX for a fixed duration (30, 90, 180, or 365 days)

  • Longer lock = higher yield multiplier

  • Early withdrawal (if enabled) incurs a penalty or cooldown

  • Provides priority access to governance features and protocol airdrops

πŸ“Š Reward Model

Rewards are calculated based on:

Where:

  • User Stake Weight = Amount Γ— Lock Multiplier (1x to 3x)

  • Emission per Period = Fixed pool distributed per time interval (e.g., per week)

  • Pool size may be adjusted by governance over time

For example:

  • 1,000 $SONX locked for 180 days (2Γ— multiplier) = 2,000 weight

  • 2,000 $SONX flexibly staked (1Γ— multiplier) = 2,000 weight

  • User 1 and User 2 would split the rewards 50/50.

🧰 Technical Overview

Feature
Detail

Chain

Soneium Mainnet

Contract Model

ERC-20 compliant staking vaults

Lock Options

30d / 90d / 180d / 365d (governance-adjustable)

Reward Distribution

Emission pool (protocol + treasury-funded)

Early Unstaking

Optional, with penalty or cooldown (configurable per vault)

Re-Staking

Users can compound rewards manually or via UI auto-stake option

Claim Frequency

Weekly or per-epoch (customizable via front-end and backend APIs)

Security

Upgradable contract, multisig-controlled admin, audited before launch

πŸ› Governance Utility

Stakers (especially long-term lockers) will receive governance privileges in future phases:

  • Submit or vote on improvement proposals (SIP: Sonarix Improvement Proposal)

  • Influence protocol parameters (e.g., interest rate curves, caps, emissions)

  • Vote on Insurance Fund allocation, asset listings, and cross-chain expansion

Note: Initially, governance will be off-chain or snapshot-based, but will transition to on-chain DAO voting in Phase 4.

🎁 Future Utility

Planned benefits for stakers:

  • Whitelist Access to new features or markets

  • Testnet Incentives: Stake-to-earn testnet token allocation

  • Revenue Sharing from insurance auctions and liquidation fees

  • Boosted Lending APY when holding staked $SONX

  • Airdrops from ecosystem partnerships

πŸ“Œ Summary

Type
APR Range
Lock Period
Withdraw Anytime
Multiplier

Flexible

4–8%

None

βœ… Yes

1Γ—

30 Day Lock

8–12%

30 days

❌ No

1.25Γ—

90 Day Lock

12–18%

90 days

❌ No

1.5Γ—

180 Day Lock

18–25%

180 days

❌ No

2Γ—

365 Day Lock

25–35%

365 days

❌ No

3Γ—

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