Validator Specific Staking on NearX

Normally, the validators earn a commission on the staking rewards from the delegators.

But we have a better idea.

We are proposing a mechanism where the validators earn a percentage out of the delegator’s revenue.

Stader will enable users to stake specifically with the validators under the liquid staking smart contract. In return, the validators will receive 30% of our revenue on the NEAR staked with the validators via Stader. This revenue will be perpetual until the staked amount remains in the Stader Ecosystem.

Our exclusive partnership will include:

1. Revenue Share

We will share 30% of our revenue with the validators.

Let’s understand this with an example:

Let’s say the amount of Staked Tokens is 19,327,646 $NEAR, and 10% of $NEAR is Allocated via Stader, which is 1,932,765 $NEAR.

In this case, the 10% Staking Rewards will be 193,276 $NEAR, and the 5% Stader Revenue will be 9,664 $NEAR.

As a result, the 30% Validator’s Revenue will be 2,899 $NEAR

2. Deep Marketing Support

We will support the validators with ongoing deep marketing support which will include:

• AMAs on our official social handles like Twitter, Telegram, Discord, etc.

• Amplification of the validator’s NFTs and exclusive Stader benefits for the validator’s NFT holders. (We will also provide compensation for 2 days of staking rewards as the users un-stake & re-stake with the validator via Stader)

• Dedicated Post on our Partnership with the validator

• Promotions on Stader regional communities (Vietnam, Ukraine, Spanish) regularly.

• RTs and QTs on the major updates from the validators

3. Cross-chain Expansion Support

We will also provide support for the validators across our base of 5 blockchains (Hedera, BNB, Polygon, Fantom & Terra 2.0).

This will enable cross-chain growth for the validator (as per interest).

4. User Incentives:

The proposal also stands to benefit the validators’ users. It will include some major benefits like:

✅Access to ~25% Yields + Staking Returns through NearX

✅Access to SD tokens through dual incentives across partner protocols

✅Instant liquidity through swaps on DEXs

✅Compensation for 2 days of staking rewards as users un-stake & re-stake with the validator via Stader

When users stake with the validator (via Stader), we will share 30% of our revenue with the validators. Validators do not need to do anything. Everything stays the same.

The terms of the deal above will apply for the first 6 months. Post which, the incentives can be revisited depending upon the traction.

We have launched the program with 2 partners: Stakin & Zavodil.

We will soon be expanding to more & will release the selection criterion. Do follow us to know about the same.