❓FAQs

Q: What is liquid staking?

A: Liquid staking allows you to stake your STRK/BTC tokens while receiving a tradeable token (like xSTRK, xWBTC, etc.) that represents your staked assets, providing both staking rewards and access to liquidity.

Q: How does xSTRK differ from native STRK staking?

A: xSTRK offers liquidity, faster unstaking in normal conditions and no staking/redemption fees, unlike native STRK staking which locks tokens for 7 days during unstaking.

Q: What is xyBTC?

A: xyBTC refers to Endur's family of Bitcoin Liquid staking tokens (LSTs), where 'x' is Endur's prefix and 'y' represents different Bitcoin variants. Examples include xWBTC, xtBTC, xLBTC, and xsBTC

Q: How are xyBTCs (e.g. xWBTC, xtBTC, etc.) differ from native BTC staking?

A: BTC LSTs offers liquidity, faster unstaking in normal conditions and no staking/redemption fees, unlike native BTC staking which locks tokens for 7 days during unstaking.

Q: How does the value of xSTRK/xyBTC gradually increase over time?

A: xSTRK/xyBTC automatically accumulates staking rewards, increasing its value over time compared to underlying asset (e.g. STRK/BTC). This is called "Automatic Reward Accrual". Staking rewards are reinvested, allowing for compound growth. xSTRK/xyBTC token's value grows to reflect these compounded rewards.

Exchange Rate: As rewards accrue, the exchange rate between xSTRK and STRK increases. For example, 1 xSTRK might equal 1.1 STRK after a period of staking.

Constant Balance with growing value: While your xSTRK balance remains the same, its value in STRK increases over time.

Q: Are there any fees for using Endur?

A: There are no fees on your stake or redemption amount. However, a performance fee of 15% is charged on the rewards earned, which is shared between Node operators and LST.

Q: How long does it take to redeem LST?

A: Redeeming LST typically takes anywhere from a few hours to 1–2 days under good circumstances. However, it can take longer. Read more here.

Q: Is Endur secure?

A: Our smart contracts have undergone an audit and you can check out there report in the security page. However, as with all DeFi protocols, there are inherent risks users should be aware of.