JewelSwap
  • JewelSwap
    • 💎Introducing JewelSwap
  • ✖️MultiversX
    • 🖼️NFT Loan Modules
      • NFT Loans: Explained
        • Exceptions to the 50% borrow limit
      • NFT Mortgage: Explained
      • Lending for NFTs: Explained
        • Algorithmic Market Operations
      • NFTs: Bulk Redeem | Renew | Cashout
      • NFTs: Liquidation
      • NFTs: Interest Plans
      • NFTs: Caps and Limits
    • 🖼️NFT AMM/DCA Modules
      • Introduction to NFT AMM/DCA
      • Two-sided Liquidity Pools Explained
      • Single-sided Liquidity Pools Explained
      • Risks - Impermanent Loss
    • 🥩Staking / Derivatives
      • Introduction to Staking
        • Derivative Tokens
          • Redeemable Derivatives
            • S/JWLEGLD
            • S/JWLUSD
            • JWLHTM
            • JWLBTC
            • JWLETH
            • JWLTAO
            • JWLAPUSDC
          • Unredeemable Derivatives
            • JWLASH
            • JWLMEX
            • JWLXMEX
            • JWLUTK
            • JWLITHEUM
            • JWLTADA
      • 🗳️Gauge
    • 🧑‍🌾Lending for Farms
      • Lending for Farms: Explained
      • JI-Tokenomics
    • 🚜JewelSwap Yield Farming
      • Introduction
      • Farm Overview
        • Optimized Yield Farming
        • Boosted Yield Farming
        • Leveraged Yield Farming
      • Farms
        • AshSwap Farms
        • OneDex Farms
        • Hatom Farms
        • JewelSwap Farms
        • xExchange Farms (Energy DAO)
      • Position Management
      • Liquidation
      • Protocol Fees
    • 🔄Flexiloans
      • 🔄Flexiloans Introduction
    • 💹Money Markets
      • 💹JewelSwap Money Markets: An Introduction
    • 💯JewelSwap Points
      • 💯JewelSwap Points: Introduction
  • 💧SUI
    • Derivative Tokens
      • Redeemable Derivatives
        • 🥩JWLSUI Liquid Staking
      • Unredeemable Derivatives
        • JWLCETUS
        • JWLSCA
    • 🗳️Gauge
  • RADIX
    • 🥩JWLXRD Liquid Staking
  • Solana
    • 🥩JWLSOL Liquid Staking
    • 🗳️Gauge
  • Other Resources
    • 💡Bug Bounty
    • 📜Use of Protocol
    • 🛡️Safety and Security
    • 🧵Twitter Thread Guides
    • 📺Video Guides
    • 📖Definitions
      • JewelSwap Protocol Owned Liquidity (POL)
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On this page
  1. MultiversX
  2. Staking / Derivatives
  3. Introduction to Staking
  4. Derivative Tokens
  5. Unredeemable Derivatives

JWLXMEX

Minting

JWLXMEX is a derivative token that can be minted using xMEX. (Minting is not live yet, pending whitelist from xExchange)


Staking

Staking JWLXMEX on JewelSwap will give the user SJWLXMEX, which is appreciating in value against JWLXMEX.

SJWLXMEX can be transferred between wallets too. This allows you to transfer your ownership to another wallet, without having to unstake your SJWLXMEX.

Rewards are paid out continuously.


Rewards

Rewards for JWLXMEX staking stem from these sources:

  • Modules where JewelSwap utilizes xExchange, 15% of user-generated rewards are given to JWLXMEX stakers.

    • Because xExchange gives out only (locked) xMEX in rewards, JWLXMEX are minted, still backed by the newly earned xMEX, and given to the JWLXMEX stakers.


Unstaking

Unstaking SJWLMEX from staking is possible at all times, instantly, at no fee.


Swapping

You can swap JWLXMEX at varying market rates on AshSwap.

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Last updated 1 year ago

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