esHXRO is the mechanism by which $HXRO rewards are paid to ecosystem participants. It is a claiming token that is backed 1:1 by standard HXRO token. esHXRO is not transferable and cannot be traded. Follow the instructions below to claim your esHXRO airdrop.
To claim your esHXRO airdrop go to app.hxro.finance, the community-owned staking, governance, and rewards portal for the Hxro ecosystem.
Once on app.hxro.finance, click the “Connect Wallet” button in the upper right hand corner of the page and proceed to connect the SPL wallet containing the assets associated with the airdrop.
Select “esHXRO” from the menu on the left-hand side of the page.
Once on the esHXRO page, select “Begin Vesting” to initialize an esHXRO wallet.
Select “Claim” under the “esHXRO Airdrop” section.
Once you’ve claimed your esHXRO, it can be used in the following ways:
esHXRO can be staked and locked to the Hxro Network staking contract in the same way standard HXRO token can be staked. It will receive the same stakeweight/governance weight and multiplier benefits for the duration of locking, the same as HXRO.
Hxro Network stakers receive 50% of all fees collected from volume on Hxro ecosystem dapps (read more about Hxro Network Staking Incentives here). These staking rewards are predominantly denominated in USDC.
esHXRO can be vested for standard HXRO tokens. esHXRO will unlock and automatically convert to HXRO at a rate of 1/365 per day once it is committed to the claiming contract.
esHXRO is not transferable. Received rewards will be frozen in the associated SPL wallet for any purpose other than staking it to the Hxro Network or claiming it for HXRO.