Tracking Your Stakes: A Deep Dive

Staking involves delegating your cryptocurrency to support network operations and in participating you earn rewards paid out by the network. Different blockchains offer different reward APYs (Annual Percentage Yields) that change with network conditions.  

Imagine staking as joining a community where you contribute something valuable—your cryptocurrency. By actively participating and supporting the network, you receive additional cryptocurrency as a reward.  
  
At Ndax we make understanding the world of staking both simple and rewarding. We have a wide range of stakable crypto assets with ranging APYs from 3% up to 13% depending on the asset and staking plan selected. On top of this, we make cryptocurrency staking simple with our one-click solution which is easy to use and efficiently paired with cutting-edge security that ensures your assets are always protected.  

Our new staking performance tab added to our mobile app is designed to provide you with greater clarity and improved visualization of your staking actions.   

In-Depth Visuals  
The new interactive pie chart provides a straightforward view of your staked asset distribution, making it easy to understand how your holdings are allocated.  

Performance Tracking 
Track your daily rewards, accumulated passive income, and total staking amounts with interactive charts, helping you refine and optimize your staking strategy.  

Improved Investment Oversight  
This feature offers detailed insights into your staking activities, empowering you to make better-informed decisions and enhance your potential returns.  

1. Enhanced Data Access: You gain exclusive access to a wealth of performance metrics for your staked assets through the new Staking Performance tab. This feature provides a comprehensive snapshot of staking activities, making it easier for you to track and understand the returns generated. With this detailed view, you can make more informed decisions about your staking strategies.
    
2. Customizable Visualization: The tab offers you the flexibility to switch between three distinct chart types—Daily Rewards, Staking Amount, and Passive Income Earned. Each chart type is designed to cater to your interests, allowing for a personalized data analysis experience. This customization ensures you can focus on the most relevant metrics and enhance your overall utility of the tab.
    
3. Focused Analysis: The pie chart functionality lets you highlight individual assets, providing a focused view of specific asset performance. By clicking on different assets, you can easily toggle between analyzing a single asset or viewing combined data for all staked assets. This capability allows you to dive deep into individual asset performance or get a holistic view of your entire staking portfolio.
    
4. Interactive Interface: The tab’s interactive design includes features like asset selection and chart toggles, making it intuitive and user-friendly. You can effortlessly navigate between different views and settings, ensuring a smooth and engaging experience. This interactivity enhances your experience, allowing for quick adjustments and real-time data exploration.
    
5. Historical Data Tracking: You can analyze performance trends over various time frames, from 7 days to the entire staking duration. This feature allows for a detailed examination of how staking returns have evolved, providing insights into long-term performance. 

Our new Staking Performance tab provides you with an in-depth analysis of your staked assets. Exclusively available to those with staked assets, this feature offers a customizable and interactive experience. The tab allows you to select specific assets or view combined data for all staked assets, offering flexibility in analysis.  

Additionally, you can toggle between 3 different chart types and a host of time frames that fit your specific needs. This comprehensive data visualization empowers you to track and understand your staking performance, enabling informed decision-making and strategy optimization. This update reflects our dedication to offering cutting-edge tools that simplify and elevate your trading and investment experience, helping you manage and grow your crypto assets with ease. 
 

Curious about the world of staking? Head to our staking page to learn how to get started!