Coming to Kraken! Meet SODA.
Coming to Kraken! Meet SODA.
Staking is now live for SODA on SODAX Stake. ICX holders should now migrate and stake their SODA by April 8.
SODAX Stake is now live: stake SODA to receive xSODA, a yield-bearing staking token that grows in value over time.
Staking rewards begin April 8, 2026: funded by a 20% share of all fees generated across the SODAX system.
ICX holders can now fully migrate to SODAX: with Stake joining Swap and Migrate apps, the SODAX ecosystem is now ready for the community.
The SODAX ecosystem just hit another major milestone. Today, SODAX Stake is officially live, giving SODA holders a way to earn protocol rewards simply by committing their tokens to the system.
If you hold SODA, staking is one of the most meaningful ways to participate in the growth of SODAX. And if you're an ICX holder who has been waiting for the right moment to migrate, this is it.
SODAX Stake is a dedicated app on sodax.com that allows you to put your SODA tokens to work. By staking, you commit your SODA to a smart contract that supports protocol stability, in return, you earn a share of fees generated across the entire SODAX system.
Think of it like a savings account for your SODA, but with a few differences unique to Decentralized Finance (DeFi).
When you stake, your SODA is deposited and you receive xSODA in return. xSODA is a yield-bearing token that represents your share of the staking pool. Unlike a traditional bank where your balance ticks up in cents, xSODA is designed to increase in value relative to SODA over time. When you eventually unstake, your xSODA will be worth more SODA than when you started.
Rewards for SODAX Stake are sourced from the Fee Treasury, specifically, a 20% revenue share of fees generated by the SODAX system. Every transaction routed through SODAX generates fees. A portion of those fees flows into the staking pool, increasing the value of xSODA held by stakers.
This means the APR is variable. During periods of high trading volume and cross-network activity, stakers may see higher returns. During quieter periods, the APR may be lower. The SODAX Stake app displays an estimated APR based on current conditions so you always have visibility into what to expect.
Because the value of xSODA grows automatically, your rewards compound without you needing to manually claim and re-deposit them. Stake once, and your position grows on its own.
Rewards begin on April 8, 2026. Make sure you are staked before this date to start earning from day one.
Getting started takes less than a minute:
Head to sodax.com and click Launch Apps in the top-right.
Select Stake from the left-hand menu.
Connect your wallet for the network where you hold SODA.
Choose the network you want to stake from using the drop-down menu.
Enter the amount of SODA you wish to stake: use the slider, click "max", or type a number.
Review the details (xSODA you'll receive, estimated APR) and click Stake.
Approve the transaction in your wallet, and you're done.
Your xSODA balance will be shown inside the SODAX Stake app. For a full walkthrough from holding ICX, to holding xSODA, visit our support guides below for:
Make sure you have a small amount of the network's gas token (e.g. S on Sonic) to cover the transaction fee while staking.
When you decide to unstake, you're returning your xSODA to receive the higher amount of SODA it now represents (your original stake plus accumulated rewards).
There are three ways to approach unstaking, each with different trade-offs:
Wait the unstaking period. The standard unstaking period is 6 months. Wait the full duration and you receive the complete value of your staked SODA including all accrued rewards. This is the approach that preserves your full return.
Unstake immediately with a penalty. If you want to exit the 6 month wait early, you can unstake immediately by paying a penalty of up to 50% of your staked value. The penalty is variable and depends on how much of the unstaking period you've already completed.
Exchange xSODA for SODA on the market. Because xSODA is a liquid token, you can trade it directly for SODA using the market. This alternative option is offered to you as an alternative to the unstaking period, but can result in lower actual rewards.
All three options are available through the unstaking experience on SODAX Stake. And if you initially choose to wait but conditions change, you can cancel your unstake and pick a different path.
For the full step-by-step, see: How do I unstake SODA on SODAX Stake?
With SODAX Stake live, the SODAX ecosystem is prepared for the migration of ICX holders to the new SODA token..
The roadmap keeps moving. The next app to go live will be SODAX Pool, launching on March 24. Pool will expand opportunities for liquidity providers to earn rewards for depositing to the SODA/xSODA liquidity pool.
To hear more about today’s release, also check out our podcast with Fez and John on Youtube. Or for support articles on how to manage your SODA stake, head to our Help Center.
Stake your SODA. Earn your share. The system rewards those who support it.
👉 Stake now on SODAX Stake
