HTX Staking allows you to lock up your HTX holdings in a smart contract to earn continuous rewards and participate in HTX DAO governance. Upon staking, the system generates sHTX for you as proof of your staked share and governance voting rights.

HTX is a governance token that can be freely transferred and traded. sHTX is your staking receipt for HTX. It is a non-transferable token used to record your staking share and voting weight. To simply put HTX is for holding, trading, and staking; sHTX is for governance voting and staking records.

Once you initiate a stake and complete on-chain confirmation: 1) The corresponding amount of HTX will be locked in the staking contract and can no longer be used for regular transfers or trading; 2) The system generates sHTX to represent your staking share and voting weight; 3) Starting from the effective staking date, HTX will accrue interest based on the current APY, and rewards will be automatically added to your staked balance.

No. sHTX is a non-transferable staking certificate used solely to record your staking share and governance voting weight. It cannot be traded on secondary markets or transferred to other addresses. When you unstake and withdraw your HTX, the corresponding sHTX will be burned according to the rules.

Staking rewards are supported by the HTX DAO Ecosystem Development Reserve. The page displays the real-time APY and the 7-day average APY. Rewards are calculated automatically based on the amount staked and the staking duration, and are distributed periodically to the staking balance. Actual returns are subject to the figures shown on the product page.

You can initiate an unstake at any time. After initiating, the corresponding HTX will enter a vesting period, during which no staking rewards will be generated. Once the approximately 0-day vesting period is complete, you can request to withdraw HTX to your wallet. The specific duration is subject to the product page display.

Staking is a relatively prudent way to participate, but it still involves risks: 1) Price Volatility: The price of HTX may rise or fall, affecting the total value of your assets during the staking period; 2) Liquidity Risk: HTX assets pending unstaking cannot be traded or used during the vesting period. Please allocate your staking proportion reasonably based on your risk tolerance.

If a staking/unstaking transaction fails, we recommend: 1) First, check the reason for failure on the blockchain explorer; 2) Check if your network status, gas settings, and wallet version are normal; 3) If the operation still cannot be completed after multiple attempts, contact the HTX DAO's support team via the official community channels for troubleshooting.