> For the complete documentation index, see [llms.txt](https://docs.kiloex.io/kiloex/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.kiloex.io/kiloex/about-kiloex/usdkilo-usdxkilo-token/converting-and-staking-xkilo.md).

# Converting & Staking xKILO

Overview

1. **Name**: KILO Escrowed Token
2. **Ticker:** xKILO
3. **Blockchain**: BNB Chain
4. **Contract Address**: 0xA586438a641bF1D44938Dabe819249D55E88C040
5. **Description**:
   1. xKILO is a **non-transferable custodial governance token** pegged to staked KILO. It can be obtained through airdrops or direct KILO conversion.
   2. The primary utility of xKILO is to enable staking in the **\[xKILO Real Yield Staking Pool]** to earn rewards.

<figure><img src="/files/SWCv1y7gYM2WpaYdvTNq" alt=""><figcaption></figcaption></figure>

## **Acquiring/Converting xKILO**

<figure><img src="/files/iZxOicPCJZxUFnsys1FX" alt=""><figcaption></figcaption></figure>

Users can convert KILO ↔ xKILO via the above interface:

* Click "Get xKILO" to convert KILO to xKILO.
* Click "Redeem KILO" to convert xKILO back to KILO.

### **A. Acquiring xKILO**

#### **Methods**:

* Receive via airdrop.
* Convert KILO to xKILO (1:1 ratio)

#### **Conversion Rules**:

* Converted xKILO requires a **vesting period** for full redemption to KILO. During vesting, KILO unlocks linearly.
* Currently, only KILO tokens on **BNB Chain** are convertible to xKILO. KILO Tokens on other chains must be bridged to BNB Chain prior to conversion.

<figure><img src="/files/jbZvieQEWI28A1AYUOcR" alt=""><figcaption></figcaption></figure>

**Conversion Process**:

* Open the "Get xKILO" pop-up.
* Input KILO amount → Confirm xKILO output → Click "Convert Now."

### **B. Redeeming xKILO**

#### **Vesting Parameters**:

* A **Minimum of** 15 days → 50% KILO redemption.
* A **Maximum of** 180 days → 100% KILO redemption.

*Note*: Choosing a duration <180 days burns unredeemed xKILO.

#### **Auto-Staking During Vesting**:

* 50% of redeemed xKILO is automatically staked in the **\[xKILO Real Yield Staking Pool]** throughout the vesting period, accruing real-time rewards.

*Example: When redeeming 100 xKILO with a 90-day vesting period, 72.72 KILO will be claimable upon completion, while 50 xKILO is automatically staked in the **\[xKILO Real Yield Staking Pool]** to generate rewards during the vesting period.*

#### **Cancellation**:

* Early cancellation refunds 100% xKILO, forfeiting all KILO.

#### **Redemption Process**:

* Open "Redeem KILO" pop-up → Input xKILO amount → Select vesting period → Confirm terms → Submit.

<figure><img src="/files/YWvb3lGraqUEA413cJXc" alt=""><figcaption></figcaption></figure>

## **Staking xKILO**

#### **Reward Structure**:

* 30% of platform commission redistributes to stakers in the **\[xKILO Real Yield Staking Pool]**.
* Rewards distributed weekly via epoch-based allocations.

#### **Epoch Mechanism**:

* Weekly epochs allocate predefined token amounts proportionally to stakers’ xKILO share.
* Rewards accrue continuously and can be claimed anytime.

*Example*: 1,000 xKILO staked → 10,000 USDT/day → 200 xKILO staker earns 200/1000\*10,000=2,000 USDT/day (20%).

#### **Unstaking Fee**:

0.5% penalty upon unstaking

#### **Staking/Unstaking Interface**:

<figure><img src="/files/9uBDVTtfCW1Zc4FAVJG5" alt=""><figcaption></figcaption></figure>

Click "Stake xKILO" or "Unstake xKILO" → Input amount → Confirm updated staked balance, reward share percentage etc. → Execute.

<figure><img src="/files/vRQWY5KWQDfskuUvgB2c" alt=""><figcaption></figcaption></figure>

**Reward Claiming**:

Click "Claim All" to collect accumulated rewards.