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| crypto:waxp_guide [2025/12/27 06:45] – created deathrequiem | crypto:waxp_guide [2025/12/27 06:58] (current) – deathrequiem |
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| * **Rewards**: Users who stake their tokens and participate in voting earn more WAXP as a reward. | * **Rewards**: Users who stake their tokens and participate in voting earn more WAXP as a reward. |
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| * **##Resource Management (CPU/NET/RAM)##** | * **##Resource Management & EOSIO (CPU/NET/RAM)##** |
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| | The EOSIO system is an open-source blockchain software architecture designed to function like an operating system for decentralized applications (dApps). |
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| | Launched in 2018 by the company Block.one, it was built to solve the scalability and high-fee issues found in early blockchains like Ethereum. |
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| | Unlike traditional blockchains, EOSIO emulates the performance and resources of a computer. It manages three main resources that developers and users "rent" by staking tokens: |
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| | * **CPU (Computation)**: The processing power required to run a smart contract. |
| | * **NET (Network Bandwidth)**: The capacity to transmit data across the network. |
| | * **RAM (Memory)**: Permanent storage used to keep data (like account balances or game states) on the blockchain. |
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| On the WAX blockchain, transactions are "free" (no gas fees), but they require system resources. If your transaction fails with an "Account lacks sufficient resources" error: | On the WAX blockchain, transactions are "free" (no gas fees), but they require system resources. If your transaction fails with an "Account lacks sufficient resources" error: |
| * **Stake WAX**: Stake a small amount of WAXP into CPU or NET. This acts as a deposit that gives you the "power" to execute transactions. You can unstake this later if you no longer need it. | * **Stake WAX**: Stake a small amount of WAXP into CPU or NET. This acts as a deposit that gives you the "power" to execute transactions. You can unstake this later if you no longer need it. |
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| | * **##The Shift to "Antelope"##** |
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| | In 2022, after a dispute between the community and the original developer (Block.one), the community led a "hard fork" to take control of the codebase. |
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| | * **The Rebrand**: The software formerly known as EOSIO was rebranded to **Antelope**. |
| | * **The Ecosystem**: Blockchains like **EOS**, **WAX** (for NFTs/Gaming), and **Telos** now run on the Antelope protocol rather than the original EOSIO software. |
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| * **##Staking WAXP##** | * **##Staking WAXP##** |
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| * **Important Details to Remember** | * **Important Details to Remember** |
| * **Unstaking Period**: If you stake natively, there is a 72-hour waiting period after you click "Unstake" before your tokens are liquid again. | * **Unstaking Period**: If you stake natively, there is a 72-hour waiting period after you click "Unstake" before your tokens are liquid again. |
| * **Resource Usage**: Staking isn't "spending." You still own the tokens; they are just "working" to power your account's transactions while they are locked. | * **Resource Usage**: Staking isn't "spending." You still own the tokens; they are just "working" to power your account's transactions while they are locked. |
| * **Auto-Compounding**: Most native staking rewards are **not** automatically restaked. You usually need to claim and then stake the new tokens to compound your earnings. | * **Auto-Compounding**: Most native staking rewards are **not** automatically restaked. You usually need to claim and then stake the new tokens to compound your earnings. |
