4.2 Staking

Staking is a fundamental feature in the NovaX DeFi ecosystem, allowing users to earn rewards by locking their assets on our platform. Staking on NovaX is straightforward and accessible, catering to both novice and experienced DeFi users.

Users can stake various cryptocurrencies supported by our platform, including NOVAX tokens. By staking these assets, users contribute to the network's security and stability while earning staking rewards in return. The rewards are typically distributed on a daily or weekly basis and are calculated based on the amount staked and the duration of the staking period.

We also offer flexible staking options, allowing users to choose between fixed and flexible staking periods. Fixed staking offers higher rewards but requires a longer commitment, while flexible staking allows users to withdraw their assets at any time, providing more liquidity and control over their investments.