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GITBOOK-569: change request with no subject merged in GitBook
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jorgelinae authored and gitbook-bot committed Sep 5, 2024
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icon: steak
description: >-
The EXA Staking Program enables EXA token holders to get treasury fees and
gain additional voting power by staking their EXA tokens. This structured
system of rewards will be based on the staking
gain additional voting power by staking their EXA tokens.
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# EXA Staking Program (stEXA)

[Staking Contract address](https://optimistic.etherscan.io/address/0xCEed2bFE740F02dB6094eBE89FF93b1031be752b)
{% embed url="https://www.youtube.com/watch?v=lIyyR6FFn4k" %}

### Distribution of protocol fees

The protocol's treasury fees will be partly allocated to the Staking Program. A specified fraction (providerRatio) of these fees will be assigned to the staking pool, with an initial parameter of 0.5 (50% of the fees). The rest of the fees go to [Exactly DAO Savings Account Multisig](https://optimistic.etherscan.io/address/0x8a1c05c4462b3554814a637e940b3342ffbe02f2).

[Staking Contract address](https://optimistic.etherscan.io/address/0xCEed2bFE740F02dB6094eBE89FF93b1031be752b)

### Dividend module

Users who stake their EXA tokens will receive dividends based on the staking duration. The dividend index updates regularly, ensuring that participants who stake for longer periods receive proportional rewards. This module supports multiple assets, although a single-asset approach for USDC will be used to simplify the automatic dividend distribution.
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