AVAX Staking

GOLDSTATION is based on the AVAX Chain and supports staking in AVAX nodes of CREDER-NHNCloud. AVAX holders can easily stake their AVAX through GOLDSTATION.

AVAX Staking is a user-friendly service that allows users to earn rewards by staking even a small amount of AVAX on CREDER-NHNCloud node, and it is a staking service that pays out liquid staking tokens named gsAVAX rather than a simple reward distribution service. The gsAVAX token is returned by the exchange rate for the AVAX staked by the user, and the exchange rate varies depending on the staking situation. gsAVAX is a token that can be requested to be unstaking from AVAX staking and can later be used for other defi services within GOLDSTATION. The staked AVAX can be held and used by the user in the gsAVAX , while the staked AVAX is subject to staking with the rewards generated every round, so the user can benefit from the compounding effect.

AVAX Staking has a two-week round period. Any staking and unstaking requested by the user will be applied to the next round and rewards will be earned at the end of that round based on the amount of gsAVAX held. The reward earned will be paid out in the form of gsAVAX.