What you need to know before staking SNX for the first time
Staking SNX allows anyone to earn rewards by contributing collateral to the Synthetix protocol. However, there are some important things you should know before you make the decision to contribute in this way. Staking requires weekly action You receive two kinds of rewards for staking SNX: sUSD fees generated on Synthetix.Exchange, and SNX inflationary rewards. These rewards must be manually claimed in the one transaction each fee period (i.e. once a week) or they will be returned to the pool an… … More