Kondux Staking System # Overview The Kondux staking mechanism enables users to commit their $KNDX tokens to a smart contract-based pool in exchange for yield rewards. This mechanism is designed to promote long-term holding, reduce market volatility, and provide collateral support for ecosystem operations. Rewards are distributed based on staking duration, NFT ownership, and participation in the platform’s governance structure.
Contract Overview # Component Value Contract Name Kondux Staking Contract Address 0x07E6F2239d6FbE2CE00747fCFb8344ebBf973BcC
Supported Token KNDX (ERC-20) Reward Token HELIX (staking collateral representation)
Key Features # 1. Staking Configuration # Option Description Minimum Stake Enforced to ensure commitment and reduce micro-transactions Supported Token Only KNDX is accepted in the current contract version Compound Rewards Users may reinvest accumulated rewards directly into their staked amount
2. Timelock System # Option Description Timelock Durations User-defined periods ranging from 1 month to 12 months Boosted APY Longer durations result in higher reward multipliers Early Withdrawal Penalty Max 10% fee, decreasing linearly toward unlock date
3. Reward System # Parameter Value Base APY 25% (subject to protocol governance) Boost Multipliers Staking rewards are increased by: – Founder’s Pass: +10% flat – kNFT Ownership: +0% to +5% (top 5 kNFTs per wallet) – Timelock Duration: Multiplier increases with commitment length
Collateral Mechanism: HELIX Token # Mechanism Description HELIX Token Receipt Users receive 10,000 HELIX for each 1 KNDX staked Collateral Utility HELIX is required for platform functionalities, including compounding Burn on Unstake HELIX tokens are burned upon withdrawal of KNDX from the staking contract
Integration with NFT-Based Rewards # kNFT Bonus Recognition # The system scans and considers the top 5 kNFTs held by the staker to determine bonus eligibility. DNA traits from each kNFT may influence the staking multiplier. Founder’s Pass Integration # Grants a fixed +10% boost to staking rewards. Recognized automatically during staking sessions. Governance & Security # Component Description Access Control Managed via the Authority contract for role-based function gating Treasury Interaction Contract pulls from or distributes to the Treasury contract securely Penalty Governance Withdrawal penalty percentages and reward rates are configurable via Policy role
User Interaction Flow # Stake KNDX User selects amount and timelock duration. HELIX tokens are minted in 10,000:1 ratio. Earn Rewards Base and bonus APY accumulate in real-time. Option to compound or manually claim. Withdraw KNDX Full KNDX returned post-timelock. HELIX tokens are burned to release the original stake. Penalty Case Early withdrawal incurs proportional penalty based on remaining lock duration. Summary # The Kondux staking system provides a multi-factor yield model based on user commitment and ecosystem participation. Through time-based rewards, NFT ownership boosts, and HELIX tokenization, the protocol reinforces liquidity retention and community engagement while ensuring transparent, programmable economics.