Staking V4: Omnichain, Compounding, and more Yield

Staking V4 introduces a unified staking mechanism and a new reward distribution system, marking a significant efficiency improvement for MOLTEN staking. These changes are designed to enhance user experience, improve token utility, and foster long-term sustainable growth for the protocol.

The Need for Change

The current Molten staking model, while functional, presented challenges that limited its efficiency and user appeal:

  1. Fragmented Staking: Users needed to stake MOLTEN tokens on multiple chains to maximize rewards, leading to increased complexity and yield hunting.

  2. Diverse Reward Tokens: Rewards were paid out in each chain's native gas token, complicating portfolio management and potentially diluting MOLTEN's ecosystem value.

Key Features of the V4 Update

  • Stake on a single chain to get rewards from all chains automatically. Users can now stake their MOLTEN tokens on a single chain to receive rewards generated across all supported networks. This simplification significantly reduces barriers to entry and ongoing management for stakers.

  • All staking rewards and protocol fees will now be converted to MOLTEN tokens before distribution. This change ensures that value generated by the protocol directly benefits MOLTEN holders and reinforces the token's central role in the ecosystem.

  • Stakers can also vote on proposals through snapshot unlike previously where users had to hold MOLTEN in their wallet.

Impact of the V4 Update

Increased Buy Pressure on MOLTEN The conversion of all rewards and fees to MOLTEN creates consistent buy pressure in the market. This mechanism has the potential to positively influence MOLTEN's price and liquidity dynamics.

Simplified User Experienceby allowing staking on a single chain for multi-chain rewards, Molten dramatically simplifies participation in the protocol. This change is expected to attract a broader user base and increase overall staking activity.

Enhanced Token UtilityWith all rewards paid in MOLTEN, the token's utility and demand within the ecosystem are significantly strengthened. This alignment of incentives encourages users to remain engaged with the Molten protocol.

Improved Capital EfficiencyUsers no longer need to spread their MOLTEN holdings across multiple chains, allowing for more efficient capital allocation and potentially higher overall yields.

How Can I Stake with V4?

First, head over to the old staking dapp which let you previously stake MOLTEN. You can find that link here → staking.unidex.exchange. You will only need to do two steps on the old portal.1. Claim your existing rewards

2. Withdraw your MOLTEN from any pool you’re staked in

Now all you need to do is stake on the new page which you can find below.

Here’s a short guide on how to stake and navigate the new update.

  1. Make sure you’re connected to Arbitrum as staking V4 is only open on Arbitrum currently.

  2. Input the amount you want to stake in the text box.

  3. Approve the amount you want to stake and then hit “Stake Molten”.

Sign the transaction in your wallet and you’re done! You can also claim your rewards on the right with the “Harvest” button. That number shows you the amount of rewards claimable since you started staking. We also display other figures such as your staked amount, the total value locked, and the APR for staking MOLTEN.

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Business Inquiries — marketing@unidex.finance

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