MoneyX EsMONEY Guide
This guide provides an in-depth exploration of EsMONEY, the escrowed variant of the MONEY token within the MoneyX ecosystem. As a decentralized perpetual futures exchange on the Binance Smart Chain (BSC), MoneyX uses EsMONEY to incentivize long-term commitment from stakers, prevent short-term speculation, and align user interests with platform sustainability. Designed for users of all experience levels, this page covers the mechanics, earning strategies, vesting processes, and advanced considerations for EsMONEY. By staking MONEY, you can earn EsMONEY rewards that can be restaked for compounded yields or vested into fully transferable MONEY tokens over time. Below, we delve into the details to help you maximize your participation in MoneyX’s reward system.
What is EsMONEY?
EsMONEY (contract: 0x4768232700c2f81721fA94822535d35c2354633B) is an escrowed form of the MONEY token (0x4fFe5ec4D8B9822e01c9E49678884bAEc17F60D9), representing locked rewards earned through staking. Unlike transferable MONEY tokens, EsMONEY is non-transferable and cannot be sold on secondary markets, ensuring it promotes genuine ecosystem growth rather than immediate liquidation. EsMONEY serves as a bridge between short-term rewards and long-term value accrual, allowing users to either restake it for ongoing yields or vest it into MONEY over a defined period.
Key Features of EsMONEY
• Non-Transferable: EsMONEY cannot be traded, gifted, or sold, reducing sell pressure and inflation risks on the MONEY token.
• Staking Eligibility: EsMONEY can be staked just like MONEY to earn platform fees (e.g., borrow fees of 0.0099% per hour) and additional rewards, including more EsMONEY.
• Vesting Mechanism: Convert EsMONEY into fully transferable MONEY through a linear vesting schedule, typically over 365 days, to unlock its full utility.
• Reservation System: To vest EsMONEY, you must reserve an equivalent amount of staked MONEY or MLP tokens, ensuring proportional commitment and preventing free-riding.
• Multiplier Points Integration: Staking EsMONEY earns Multiplier Points (via platform mechanics), which boost overall reward rates without diluting the token supply.
• Anti-Inflation Design: EsMONEY emissions are controlled and decelerating, tied to platform activity, to maintain MONEY’s value stability.
EsMONEY is a core component of MoneyX’s tokenomics, as outlined in the Tokenomics and Staking Guide. It encourages long-term holding by tying rewards to sustained participation, with all mechanics powered by audited smart contracts like the RewardTrackerStakedMONEY (0xEB445ac93eDc6F91E69CA35674CEbE9CC96CFEaB) and VestedMONEY (0xe3394F30568D36593147c93Cce75cc497319C99D).
Why Earn and Stake EsMONEY?
EsMONEY offers strategic advantages for users seeking compounded returns and governance influence:
• Compounded Yields: Restake EsMONEY to earn platform fees (30% of total fees allocated to MONEY/EsMONEY stakers) and additional EsMONEY, creating a flywheel effect.
• Long-Term Incentives: Vesting unlocks MONEY for governance voting, fee discounts, or further staking, rewarding patience with full token utility.
• Boosted Rewards: Multiplier Points earned from staking EsMONEY can increase your effective staking power by up to 100% (e.g., 20% boost adds 20% more ETH/AVAX-equivalent rewards).
• Risk Mitigation: The escrow and reservation system discourages short-term dumping, stabilizing MONEY’s price and benefiting the broader ecosystem.
• Passive Income Alignment: EsMONEY holders indirectly support trading liquidity (via MLP) and earn from high-volume assets like BTC, ETH, BNB, SOL, XRP, and DOGE.
For example, staking 100 MONEY tokens might yield 16.88% APR in EsMONEY (decelerating based on protocol subsidies), plus 5–10% in WBNB or stablecoin fees. Real-time APR estimates are available on the Stats Page.
How to Earn EsMONEY
EsMONEY is primarily earned as a reward for staking MONEY or MLP tokens. Emissions are distributed via the RewardDistributorStakedMONEY (0x6f552E4061d2D255C6b32e96D597De3F2EaC7E6f), with rates tied to platform trading volume and subsidy schedules.
Earning Mechanics
• Base Emission Rate: Currently around 16.88% APR for MONEY stakers (subject to deceleration as subsidies wind down; GLP/MLP stakers previously earned EsMONEY but now focus on fees).
• Distribution: Rewards accrue continuously (every second) and are claimable weekly or compounded automatically.
• Formula for Weekly EsMONEY:
EsMONEY Earned = (Staked Amount × Emission Rate × Time Fraction) × Boost Multiplier
•
â—¦ Staked Amount: Value of staked MONEY or EsMONEY (in USD terms for APR calculation).
â—¦ Emission Rate: Current APR (e.g., 16.88%), adjusted for platform activity.
â—¦ Time Fraction: e.g., 1/52 for one week.
â—¦ Boost Multiplier: 1 + (Multiplier Points / Staked Amount), up to 2x (100% boost).
• Subsidy Deceleration: Initial high emissions taper off to prevent over-dilution, ensuring long-term sustainability.
Example: Earning EsMONEY
Assume you stake 100 MONEY tokens (valued at $2,900 if MONEY = $29):
• Weekly EsMONEY: 100 × (0.1688 / 52) ≈ 0.324 EsMONEY.
• If you have Multiplier Points equivalent to 20% of your stake, boost adds ~0.065 EsMONEY (total 0.389).
• Additional fees: ~0.099 MONEY equivalent in WBNB (at 5.18% base APR).
Emissions are claimable or compoundable via the RewardRouterV2 (0xA92eaE4AB17f9091FBf5dA7C7cbB0AEa346649C9).
How to Stake EsMONEY
Once earned, stake EsMONEY to continue the reward cycle. Staking treats EsMONEY equivalently to MONEY, amplifying your position without transferability.
Step-by-Step Staking Process
1 Access the Staking Interface:
â—¦ Navigate to https://moneyxpro.com.
â—¦ Connect your BSC-compatible wallet (e.g., MetaMask, Trust Wallet) and set to BSC Mainnet (Chain ID: 56, RPC: https://bsc-dataseed.binance.org/).
â—¦ Go to the Earn or Staking tab.
2 Claim or Compound EsMONEY:
â—¦ In the Earn tab, select Claim to transfer EsMONEY to your wallet or Compound to auto-stake it.
â—¦ Approve the transaction (minimal BNB gas fees).
3 Stake EsMONEY:
â—¦ Select Stake EsMONEY in the staking section.
â—¦ Enter the amount (full or partial; e.g., 0.324 EsMONEY from the example).
â—¦ Review details: Expected APR, boost percentage (based on Multiplier Points), and reservation impact.
â—¦ Confirm the transaction via your wallet.
4 Monitor Staking:
â—¦ View staked EsMONEY, accrued fees, and new EsMONEY in the dashboard.
â—¦ Rewards accrue every second; claim or compound as needed.
5 Unstaking:
â—¦ Click Unstake EsMONEY (15-day cooldown period applies to prevent rapid exits).
â—¦ A 0.1% redemption fee may apply upon unstaking.
â—¦ Unstaked EsMONEY burns proportional Multiplier Points to maintain balance.
Staking EsMONEY earns:
• Platform Fees: 30% of total fees (e.g., borrow, swap, liquidation) in WBNB or stablecoins.
• Additional EsMONEY: At the current emission rate.
• Multiplier Points: At 100% APR relative to staked EsMONEY, boosting future yields.
Pro Tip: Compound weekly to harness the flywheel: Staked EsMONEY → More rewards → Higher boost → Accelerated growth.
Vesting EsMONEY to MONEY
Vesting converts non-transferable EsMONEY into fully unlocked MONEY tokens over 365 days, enabling trading, governance, or further utility. This process reserves staked assets to ensure commitment.
Vesting Mechanics
• Linear Vesting: EsMONEY unlocks proportionally each day (1/365 per day), converting to MONEY without additional emissions during vesting.
• Reservation Requirement: To vest X EsMONEY, reserve staked MONEY or MLP equivalent to the assets used to earn that EsMONEY (e.g., if 100 MONEY earned 10 EsMONEY, reserve 100 MONEY during vesting).
• No Partial Vesting: Full commitment is required; partial withdrawals pause vesting and unreserve all.
• Formula for Vested Amount:
Vested MONEY per Day = (Total EsMONEY to Vest / 365)
•
• Post-Vesting: Unreserved tokens are returned; vested MONEY can be unstaked or used freely.
Step-by-Step Vesting Process
1 Initiate Vesting:
â—¦ In the Earn tab, select Vest EsMONEY.
â—¦ Enter the EsMONEY amount to vest (e.g., 10 EsMONEY).
â—¦ The interface calculates required reservation (e.g., 100 MONEY).
2 Reserve Assets:
â—¦ Ensure sufficient staked MONEY or MLP; the system auto-reserves proportionally.
â—¦ Approve the reservation transaction.
3 Start Vesting:
â—¦ Confirm the vesting initiation (gas fees in BNB).
â—¦ Vesting begins immediately, with daily unlocks trackable in the dashboard.
4 Monitor Progress:
â—¦ View vesting status, daily unlocks, and remaining EsMONEY in the Earn tab.
â—¦ Claim daily vested MONEY to your wallet.
5 Withdraw and Unreserve:
â—¦ After full vesting (365 days), click Withdraw to unreserve and retrieve original stakes.
â—¦ Partial early withdrawal pauses vesting but retains vested MONEY.
Example: Vesting 10 EsMONEY (earned from 100 MONEY) reserves 100 MONEY. Over 365 days, you receive ~0.027 MONEY daily. During vesting, reserved MONEY continues earning rewards, but you can’t unstake it until completion.
Vesting is managed by the VestedMONEY (0xe3394F30568D36593147c93Cce75cc497319C99D) contract.
Advanced Strategies with EsMONEY
• Compounding Flywheel: Claim → Stake EsMONEY → Earn Multiplier Points → Boost → Repeat. This can transform 100 MONEY into effective >100 MONEY accrual power.
• Vesting for Governance: Vest EsMONEY to gain MONEY for future DAO voting on fee structures or asset additions.
• Hybrid Approach: Stake partial EsMONEY for yields while vesting the rest for liquidity needs.
• Risk-Adjusted Allocation: Allocate 50% to EsMONEY staking for high yields, 30% to vesting for unlocks, and 20% to MLP for diversified fees.
• Multiplier Points Optimization: Earn MPs at 100% APR by staking; burn them to instantly convert to MONEY equivalent (up to 100% of stake value, but forfeits future boosts).
Track strategies via the RewardReader (0xa8433BC9DcB49875d218A15eF1d6AAC4D0076C8A).
Risks and Considerations
EsMONEY participation involves calculated risks:
• Lockup Risk: 365-day vesting ties up capital; early withdrawal pauses progress.
• Opportunity Cost: Reserved assets can’t be traded during vesting, potentially missing market opportunities.
• Emission Deceleration: EsMONEY APR decreases over time, reducing yields for late entrants.
• Market Volatility: MONEY price fluctuations affect USD-denominated APR; EsMONEY value tracks MONEY but remains locked.
• Smart Contract Risk: Audited contracts (e.g., VestedMONEY) minimize vulnerabilities, but review the Governance and Security Guide for details.
• Cooldown and Fees: 15-day unstaking cooldown and 0.1% redemption fee add friction for liquidity needs.
Mitigate by:
• Starting small (e.g., 10–20% of portfolio in EsMONEY).
• Monitoring emissions on the Stats Page.
• Diversifying with MLP staking or direct trading.
Key Contracts
EsMONEY is powered by audited BSC contracts:
• EsMONEY (0x4768232700c2f81721fA94822535d35c2354633B): Core escrowed token contract.
• VestedMONEY (0xe3394F30568D36593147c93Cce75cc497319C99D): Manages vesting and reservations.
• RewardTrackerStakedMONEY (0xEB445ac93eDc6F91E69CA35674CEbE9CC96CFEaB): Tracks EsMONEY staking rewards.
• RewardDistributorStakedMONEY (0x6f552E4061d2D255C6b32e96D597De3F2EaC7E6f): Distributes EsMONEY emissions.
• RewardRouterV2 (0xA92eaE4AB17f9091FBf5dA7C7cbB0AEa346649C9): Handles claiming and compounding.
For a full list, refer to the Governance and Security Guide.
Monitoring and Management
• Dashboard: Track EsMONEY balance, staking yields, vesting progress, and Multiplier Points in the Earn tab on moneyxpro.com.
• Stats Page: View emission rates, APR, and total EsMONEY supply at https://stats.moneyxpro.com.
• Reader Contracts: Use RewardReader for programmatic reward queries.
Getting Support
For assistance or community insights:
• Join the BESC LLC Portal on Telegram for EsMONEY discussions.
• Follow @bescllc for updates on emissions and vesting.
• Visit moneyxpro.com for direct access.
Next Steps
Ready to earn EsMONEY? Stake your MONEY on moneyxpro.com and compound rewards for growth. Monitor vesting timelines on the dashboard and engage via Telegram for tips.