Novadash

Novadash is a non-custodial crypto portfolio management and yield platform developed by Alphaping GmbH (Lucerne, Switzerland). It offers cross-chain portfolio tracking, swap trading, lending (e.g. via Aave), ETH/MATIC staking (e.g. via Lido), and stXAI — a liquid staking derivative for the XAI gaming token on Arbitrum — all accessible through a single dashboard without lockup requirements.

Novadash lets users earn yield in three main ways. All of them work through a single dashboard, and nothing you put in gets locked up.

1. Native Staking (ETH / MATIC)

You can stake proof-of-stake cryptocurrencies like Ethereum or Polygon. By doing so, you help run and secure those blockchains. In return, the network rewards you with newly created tokens and a share of the fees people pay to use it.

2. Crypto Lending

Through the dashboard, you can supply funds to lending protocols such as Aave. Other users borrow those funds and pay interest on them — that interest becomes your yield. When more people want to borrow (demand is higher), yields tend to rise. Novadash is simply a non-custodial interface (you keep control of your assets) that connects you to these underlying lending protocols.

3. stXAI — Liquid Staking Derivative

This is Novadash's main proprietary yield product. Here is how it works:

• Novadash runs over 7,600 nodes on the XAI blockchain (it is the largest operator in that ecosystem). These nodes verify transactions and protect the chain from fraud or attacks.

• Every hour, the nodes earn esXAI rewards for this work.

• You stake XAI tokens and receive stXAI in return — a liquid staking token. Unlike some other staking tokens, the number of stXAI you hold does not change. Instead, each stXAI token grows in value relative to the underlying XAI as rewards pile up. For example, 1 stXAI might start out worth 1 XAI, then become worth 1.05 XAI, then 1.10 XAI over time.

• You have two ways to get your XAI back: convert stXAI into alXAI (a stable, 1-to-1 wrapper that trades like regular XAI on decentralised exchanges), or redeem stXAI directly for XAI.

The staking infrastructure was built together with Spiral DAO, and the smart contracts were audited by SlowMist in September 2024. No fees or reward schedules beyond the node rewards themselves are publicly spelled out in the platform's documentation.