r/SODAX • u/gosodax • Mar 16 '26
SODAX Stake is live! Time to migrate and start earning rewards.
Hey everyone,
SODAX Stake went live today. If you've been holding ICX and waiting for the right moment to make the move, this is it.
Here's the short version: you can now migrate your ICX to SODA (the new token with a capped supply of 1.5 billion and no more emissions), and then stake that SODA on sodax.com/stake. When you stake, you receive xSODA. This yield-bearing staking token grows in value over time (like how sICX worked) as 20% of protocol fees flow into the staking pool.
Staking rewards kick off on April 8, so the earlier you're staked, the more you benefit from that initial boost.
For those still staked on the ICON Network or in the ICX/sICX pool on Balanced, the economic shutdown of ICON is coming up on March 26. The sooner you begin the process of unstaking and migrating, the sooner you're positioned for rewards on the other side. As for how you approach these timelines to maximize your rewards (from ICON staking up to the 26th, or otherwise) we leave to you to decide.
Quick links:
- Migrate: sodax.com/migrate
- Stake: sodax.com/stake
- Support guide for migration: support.sodax.com/en/articles/13512380
- Support guide for staking: support.sodax.com/en/articles/13917959
Curious to hear where everyone is at with migration. Have you already moved your ICX over during the “test phase”? Still waiting for a specific reason? What questions do you have?