Wox-Exchange official website woxdefi.app was launched on 7th February 2022 with a 50k APY, as staking increases with more users on the dapp the APY will be decreasing.
Requirement
Staking can be accessed through a tronlink wallet either from a browser-based extension or mobile wallet.
To stake, one needs to have an active wallet with a minimum of trx, bandwidth, and energy which can be used to complete transactions additionally liquid wox token should be available on a users wallet for staking below is a guide link on how to swap trx-wox and provide liquidity.
How to stake wox token
With a minimum of 1wox token which is equivalent to $0.284 a market capitalization of $283771.047 and a total value locked ( TLV ) of $29211.702 at the time of writing this post, the dapp is still at its infant stage with new investors yet to join the platform.
Connect wallet to woxdefi.app from tronlink wallet explorer which will fully display wox exchange and its features locate the stake section and click on it ( Note before staking you already need to have a balance of wox token with was swap through the link above )
Above screenshot shows my staked wox token on wox dapp
Input the number of wox tokens you would like to stake and click stake to complete your transaction once successfully your staking APY will start reading, you will be rewarded with a wox token after each rebase hour.
Join Wox exchange on discord to stay updated with the latest info
https://discord.gg/C3asZDt56f