We’re excited to share some key updates to our staking system at Eclipse Fi, designed to enhance your staking experience with more precise rewards and improved management features.
Here’s what’s new:
New ECLIP Rewards for Stakers
With the new updates, stakers will now receive ECLIP rewards based on their current Cosmic Essence balance. Previously, this benefit was only available to participants who locked their ECLIP tokens. This change means that stakers can also enjoy additional rewards linked to their Cosmic Essence, enhancing the value of your staking efforts.
Precision-based Rewards: Accurate Reward Attribution Based on Cosmic Essence
Our latest updates ensure that rewards are now accurately based on your Cosmic Essence. This means:
- All rewards, including any future additional rewards, will be correctly attributed to your Cosmic Essence balance. This ensures that your staking efforts and Cosmic Essence accumulation are fully recognized.
- The system now offers precise and fair reward distribution, reflecting your true Cosmic Essence standing whether you’re staking or locking.
Merged Positions
We’ve also introduced the capability to merge locked ECLIP positions. This feature allows you to:
- Combine multiple locked ECLIP positions of the same length into a single position using a weighted time average. This makes managing your ECLIP holdings more streamlined and efficient.
- Simplify your staking strategy by consolidating positions from same-length locking periods into one. For more details, read here.
Additional Enhancements
Alongside these updates, we’ve made the following improvements:
- Automated Rewards Distribution: The previous system required manual rebalancing of the ECLIP emissions rate to ensure longer locking periods were rewarded more than shorter locking periods. Now, this process is fully automated, ensuring consistent and equitable rewards based on Cosmic Essence and locking periods.
- Diverse Reward Options: We’re expanding beyond ECLIP and Cosmic Essence. Our updates allow us to offer additional rewards based on Cosmic Essence values. Stay tuned for new opportunities!
Early Participation Benefits
Rewards for staking and locking ECLIP will decrease by 1% daily, so early participation is key to maximizing your rewards.
Start now!!!
These updates are designed to optimize your access to high-demand token launches and enhance your rewards. Explore how ECLIP and Cosmic Essence can unlock these opportunities and more:
Learn how to get started with ECLIP and make the most of these new features!
Prepare to elevate your staking experience with Eclipse Fi’s latest updates!
