Organix Help (English)
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    • New User Guide
    • Organix
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  • Getting Started
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    • How To Buy OGX
  • Stake OGX
    • How To Claim Rewards
    • How To Get The Market Making Reward
    • How To Get The LP Reward
    • How To Stake
    • The Fundamentals
  • Trade To Organix
    • How To Trade
    • ODeFi index
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    • Shorting Induction
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      • Ambassador Program & Airdrop
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      • Organix Ambassador Program
    • AMA
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        • Organix × Token Pocket
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  • Steps
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  1. Stake OGX

How To Stake

Steps

Step 1: Connect (Log in)

Use an Blockchain wallet such as TokenPocket, MetaMask, Scatter, etc., and connect.

Step 2: Stake

Click [Minting], stake OGX to mint oUSD, and authorize the process after setting the quantity.

Notes

  • Minimum stake rate: 800%. For example, if the value of the OGX you held is 800 USD, you can mint 100 USD of oUSD. The rate may also be adjusted later.

  • If the value of OGX tokens increases, you will be able to mint more oUSD.

  • If the value of OGX tokens decreases, the value of the oUSD minted by the user, and the contribution to the global debt will remain unchanged. However, a decrease in the value of OGX may reduce the stake rate. If it is lower than 800%, there will be no rewards at all.

  • The user can add OGX to the wallet and stake more or burn oUSD at any time to ensure that the stake rate is 800% or above.

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Last updated 3 years ago