Coming to Kraken! Meet SODA.
Coming to Kraken! Meet SODA.
SODAX Pool is live. Supply SODA and xSODA to earn 5-15% APY in liquidity rewards, governed by the SODAX DAO. Rewards start April 2, 2026.
The latest SODAX app launch brings liquidity provision for SODA/xSODA. Supply your staked tokens and earn rewards for doing it.
SODAX Pool is now live: supply SODA and xSODA to the liquidity pool and start earning.
Rewards begin April 2, 2026: initially funded by legacy liquidity incentive funds migrated from the ICON Network, targeting 5–15% APY for liquidity providers.
Reward structure is DAO-governed: the first SODAX DAO vote has set the initial reward parameters. Future votes will determine ongoing funding and adjustments.
Following the launch of SODAX Stake, we are now pleased to share SODAX Pool. Allowing those of you now holding xSODA (staked SODA), to provide it alongside SODA into the liquidity of the SODAX system. In return, liquidity providers will receive incentives distributed to maintain around 5-15% APY.
SODAX Pool is a liquidity pool application on sodax.com where you can supply paired assets and earn rewards in return.
The first pool available is SODA/xSODA. If you’ve already staked SODA on SODAX Stake and received xSODA, you can now put that xSODA to work. Supply it alongside SODA to the liquidity pool and earn additional rewards on top of your staking yield.
This means your SODA can be productive in two ways at once: earning staking rewards through xSODA’s growing value, and earning liquidity rewards from the pool.
Rewards for the SODA/xSODA pool begin on April 2, 2026.
The initial reward fund comes from legacy liquidity incentive allocations that have been migrated from the ICON Network. These are existing funds being put to productive use in the SODAX ecosystem.
Following the first SODAX DAO vote, the initial reward distribution will target 5–15% APY for liquidity providers. The exact rate within this range depends on the total amount of liquidity supplied, more liquidity means the rewards are distributed across more providers, and vice versa.
Rewards throughout the SODAX ecosystem will be distributed in xSODA.
This is a DAO-governed process. The first vote established the initial parameters, and additional DAO votes may follow to secure suitable ongoing funding routes for the liquidity pool beyond the initial period.
Getting started is straightforward:
Head to sodax.com and click Launch Apps in the top-right.
Select Pool from the left-hand menu.
Connect your wallet.
Select the SODA/xSODA pool.
Enter the amounts of SODA and xSODA you wish to supply.
Review the details and confirm the transaction in your wallet.
You can find a step-by-step guide on this process on our help center:
If you don’t yet hold xSODA, you can get it by staking SODA on SODAX Stake. For a full walkthrough, see: How do I stake SODA on SODAX Stake?
SODAX Pool is the latest DeFi application to launch on sodax.com. With Swap, Migrate, Stake, and now Pool all live, SODA holders have a complete set of tools to participate in the SODAX ecosystem.
The progression is designed to be intuitive: migrate your ICX to SODA, stake SODA to receive xSODA, then supply to the liquidity pool for additional rewards. Each step builds on the last.
And with the reward structure governed by DAO votes, the community has a direct role in shaping how the ecosystem grows from here.
Supply liquidity on SODAX Pool
Stake SODA on SODAX Stake
Find support guides on our Help center.
Stay Liquid. 🥤
