Know More About $NearX Boosted Rewards

Curious about how Stader boosts your $NearX returns? Read on to know more

Firstly, a big thank you to the NEAR fam for the overwhelming support! We reached $2 Mn+ in TVL in the first 12 hours of launch!

NearX is Stader’s liquid staking solution on NEAR. Users can earn upto $150K in staking and LP farming rewards on their $NearX.

NearX Boosted Staking Rewards

Here is how Stader boosts your staking APY:

1. 0% Stader commission for the first 2 months, maximizing the base staking APY to ~11.2%.
2. Additional 600 $NEAR/day in boosted rewards in the launch month. With a NEAR token price of $5, this amounts to $90000 in boosted staking rewards.

Annualized Boosted Staking Rewards = (600 NEAR * $5 * 365) / Staking TVL ($)

*The boosted staking rewards are not auto compounded.

NearX LP Rewards

Users can earn upto additional $60K in rewards by adding liquidity to the NearX/Near LP on dex’s (REF and Jumbo already live; Trisolaris coming soon). The current APR on these LPs can be seen in the below links:

REF NearX/Near LP: https://app.ref.finance/sauce/3612

Jumbo NearX/Near LP: https://jumbo.exchange/pool/add-liquidity/251