> 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/jwlxmex.md). # 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. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.jewelswap.io/multiversx/staking-derivatives/introduction-to-staking/derivative-tokens/unredeemable-derivatives/jwlxmex.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.