> For the complete documentation index, see [llms.txt](https://docs.jewelswap.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.jewelswap.io/multiversx/staking-derivatives/introduction-to-staking/derivative-tokens/unredeemable-derivatives/jwlitheum.md).

# JWLITHEUM

#### **Minting**

JWLITHEUM is a derivative token that can be minted using ITHEUM.

JWLITHEUM **can** make use of [POL](/other-resources/definitions/jewelswap-protocol-owned-liquidity-pol.md)[ ](/other-resources/definitions/jewelswap-protocol-owned-liquidity-pol.md)by minting 1.3 JWLITHEUM per deposited ITHEUM. ***This does not mean JWLITHEUM is not 1:1 backed.*** JWLITHEUM **is 1:1 backed**. Please read up on how [POL](/other-resources/definitions/jewelswap-protocol-owned-liquidity-pol.md) works, what it does, and how the backing is ensured.

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#### **Staking**

Staking JWLITHEUM on JewelSwap will give the user more JWLITHEUM.

Rewards are paid out based on a 7-day epoch.\
This means that rewards are being accumulated for 7 days, and after this 7-day-epoch, the rewards are paid out to the stakers, relative to their staked amount.

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**Rewards**

Rewards for JWLITHEUM staking stem from these sources:

* ITHEUM are being staked on xExchange to generate rewards.

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#### **Unstaking**

Unstaking JWLITHEUM from staking is possible after the initial lock up period has passed.\
When you first stake JWLITHEUM , it is locked for 7 days. **After these 7 days have passed**, **you can** keep your JWLITHEUM in staking or **remove it from staking at any time, instantly**.

If you deposit more JWLITHEUM or reinvest your rewards by depositing them again, the lock will reset.

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#### Swapping

In the future, a JWLITHEUM-ITHEUM pool will be set up on AshSwap DEX. You will be able to swap JWLITHEUM on AshSwap at varying market rates.