ECLIPSE Staking Module
Last updated
Last updated
ECLIPSEx is the transferable token representing staked ECLIPSE. It grants holders access to additional benefits, including participation in reward distributions and governance rights within the protocol.
ECLIPSEx holders participate in the daily distribution of ECLIPSE, allocated as 10% of the total ECLIPSEemitted by the protocol. This distribution mechanism provides a hedge against ECLIPSE’s broader emission, rewarding long-term engagement within the ecosystem.
ECLIPSE tokens can be staked or unstaked at any time without a mandatory lock-up period. However, the DAO retains the authority to impose an unstaking fee, applied as a percentage of the ECLIPSEx being withdrawn.
This fee mechanism discourages short-term holding behavior while reallocating the collected fees to reward and strengthen the alignment of incentives for long-term stakers.