Staking Guide

xSynth staking is notably different from other DeFi protocols, as it enables users to earn rewards by underwriting Synthetic Assets within the xSynth protocol. Staking provides numerous benefits for protocols built on xSynth, such as deep liquidity, low slippage, and highly competitive trading fees.

Although it is known as one of the most complex staking systems in the DeFi space, there is no need to worry. By following this multi-part guide, you'll be well-prepared. Let's start by reviewing some of the essential tasks that staking accomplishes within the system.

Staked SYN performs several critical tasks:

• Creates deep liquidity for Synthetic Assets: Spot Synths and Perps

• Supports various protocols that rely on xSynth liquidity

• Entitles users to rewards for staking SYN: sUSD fees generated from traders and SYN inflationary rewards

To learn more about staking, continue reading the multi-part staking guide.