Sunder Single-sided staking pool — xSUNDER

What is xSUNDER?

Similar to LP Tokens, xSUNDER is a token that you receive in exchange for staking SUNDER tokens in the SUNDERBar. While holding the token, it will appreciate in value, as fees from our exchange platform are “served to the SUNDER Bar.” The xSUNDER token is always worth more than a regular SUNDER token, because xSUNDER accrues value from platform fees. When users split any token on the platform and redeem a 0.1% fee is charged. All fees are added to the SUNDERBar pool in the form of sundered tokens. When the reward is accumulated to a certain amount all the sundered tokens will be sold for SUNDER. The newly purchased SUNDER is then divided up proportionally between all of the xSUNDER holders in the pool, meaning their xSUNDER is now worth more SUNDER. Because of the way the rewards are generated, the price of xSUNDER will increase with the value of SUNDER, and the value of one xSUNDER will always be greater than the value of one SUNDER. Stake your SUNDER for xSUNDER here: https://app.sunder.finance/#/stake

How to stake $SUNDER

Step1 Approve contract;

Step2 Fill in the number you want to deposit and confirm on-chain;

1 xSUNDER will always be worth more than 1 SUNDER due to the sunder fee revenue.

About Sunder Protocol | Vision

The vision of Sunder Protocol is to allow any user to extract full value of governance tokens through Sunder Protocol. Participating in governance while earning yield to be simultaneously achievable, avoiding excessive overhead cost spent on fees.

Governance Participation should not be an excluding factor for alternative utilities, left available to fewer large holders.

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For inquiries, collaborations or direct outreach:
Find us on Discord (recommended) or send an email to: contact@sunder.finance