World Mobile Adds Fixed-Rate WMTX Staking on Cardano

World Mobile has activated Locked Staking on Cardano and Base, allowing users to commit $WMTX for fixed terms with an annual rate locked on-chain when the position is created.

By SongMarketCap

Cardano News - World Mobile Adds Fixed-Rate WMTX Staking on Cardano

World Mobile launched Locked Staking on August 10, giving token holders a new alternative to its existing flexible Core Staking model. Users can choose a 3, 6, 9 or 12-month term, with the applicable annual rate and maturity date established before the transaction is confirmed.

Locked Staking Fixes the Rate at Entry

Each Locked Staking position has its own amount, term, rate and maturity date. The annual rate is fixed when the transaction is confirmed on-chain and does not change during the selected period.

There is no stated minimum or maximum deposit. Rewards do not compound during the lock, positions do not renew automatically, and the original tokens and accumulated reward are withdrawn together after maturity.

Early withdrawal is not available. Once a position is opened, its amount and duration cannot be modified, while additional tokens require a separate position.

World Mobile does not publish a permanent table of rates because the available rates are displayed dynamically in the staking application.

Cardano Tokens Move Into a Smart Contract

The Cardano implementation differs technically from World Mobile’s existing Cardano Vault.

Under the Vault model, a user’s wallet is registered and the associated tokens are monitored without the Vault taking custody. With Locked Staking, the selected $WMTX is transferred into a smart contract and remains there until the position reaches maturity.

World Mobile has published the Cardano Locked Staking contract address and directs users to Cardanoscan for verification, providing a public reference for the deployed contract.

The company said the Locked Staking contracts underwent an internal review. No independent external audit was identified in the launch documentation.

World Mobile Expands Its Cardano Staking Model

World Mobile is building decentralized telecommunications infrastructure that combines physical mobile connectivity with blockchain-based economic infrastructure. Its token is used within the ecosystem for functions including staking and network incentives.

Locked Staking initially operates alongside Core Staking rather than replacing it immediately. World Mobile said Core Staking will eventually be wound down, although no timetable has been announced. Existing users are expected to receive advance notice, while the claim path for current positions and rewards will remain available.

For Cardano holders, the launch introduces a materially different staking structure. Instead of keeping tokens in the wallet under the existing Vault model, users can now place them into a time-bound smart contract where the rate, maturity date and resulting reward are defined when the position is opened.