> For the complete documentation index, see [llms.txt](https://ankaa.gitbook.io/ankaa-exchange-doc/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://ankaa.gitbook.io/ankaa-exchange-doc/ankaa/staking/usdxankaa.md).

# $xAnkaa

Staking Rewards

<figure><img src="https://3185828918-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FMMzJ6VsMW5pfwYSBypaJ%2Fuploads%2Fre39rUzeDUcNc6Hlfj8W%2Fdd.png?alt=media&amp;token=8ac9a6c2-3841-42f7-9260-75b3a9078a40" alt=""><figcaption></figcaption></figure>

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Earning Staking Rewards: You have the option to stake ANKAA and xAnkaa to receive a portion of the fees as rewards. The percentage of rewards is based on the combined amount of ANKAA and xAnkaa that is staked.

When you stake your ANKAA and xAnkaa, you are entitled to the following seven benefits:

1. Receive a discount on trading fees.
2. Earn 5% of the USDC total fees generated by the perpetual exchange fees.