Right now, when people stake tokens, they have to manually claim and restake their rewards to maximize earnings. Even though gas fees are reimbursed, this process is still inconvenient and can lead to missed earnings if rewards sit idle. It also increases the chance that people will withdraw their rewards and invest them elsewhere instead of keeping them in the staking system. Auto-compounding solves this by automatically reinvesting rewards at set intervals, so staked balances grow without any manual effort. This means higher APY, less work for users, and a stronger network since more tokens stay staked. It also reduces unnecessary transactions, which helps keep gas fees lower over time. Users can opt out if they prefer to claim rewards manually, and smart contract audits would ensure security. Auto-compounding makes staking easier, more efficient, and more profitable for everyone.
There should be an opt-in option if this is to implement.
Agree
do you know any protocol / project which allows such facility ?
certainly a great feature and can save a lot of gas fees which are being reimbursed from the Dao wallet
I have found a couple, but this is probably the most notable one.
Orbs Staking Auto-compound is Now Live on Polygon’%20staking%20APY.
nice one . hope @OnyxDAO can take inspiration from it .
we can go for OIP and it will be easily passed too. What’s stopping us from this
100M voting weight. It would take someone who has the ability to make an OIP to begin with.
Being new to crypto and staking this is of great intrest to me. Ive been asking Google when do i claim my rewards? Do the gas fees get reimbursed to the current wallet im using on coinbase?
Not a bad idea
Gas fees are refunded in the same wallet which you use for staking .
New to this where can you stake XCN I’m from uk, if you could please help