SNEAK PEEK : DCTDAO Staking Platform Features

Another day, another sneak peek! There have been plenty of questions from the community in regards to how the DCTDAO Staking platform will operate after December 2021. In this update let’s discuss some of the features that’s being developed and the rewards that will be available from campaigns running on the DCTDAO platform as well as what the platform is capable of doing.

Features

As seen on the previous sneak peek, DCTDAO Staking platform is characterized by its ease of usage. But not only that, the staking platform will also have these following features :

  1. Modular : this means that the staking will be on a per campaign basis with APY carefully calculated. This won’t disrupt the tokenomics in general yet will still allow for optimizing the growth of the project
  2. Open for any project : Any project’s token that wants to conduct staking on the DCTDAO staking platform is allowed to do so with the assistance of the DCTDAO team.
  3. Near Gas-less : Built on top of Avalanche blockchain, any action such as staking or unstaking only requires an extremely low amount of gas unlike other platforms built on Ethereum
  4. Retroactive : Forgot to unstake but the campaign has finished? Fear not. Users can always claim rewards from any past pools

With a variety of features, DCTDAO’s Staking platform is set not only as a place for DCTDAO to stake DCTD and WDCT, but a place for DCTDAO’s project partners to stake various tokens and receive rewards!

Possible Rewards

On DCTDAO Staking Platform, the reward for staking will not only comes in token, but also in various other possible forms as well such as :

  1. Digital products i.e. vouchers, giftcards,etc
  2. NFTs
  3. Physical products such as ledger, etc
  4. Project tokens such as WDCT, DCTD, or other project tokens

Using this platform, DCTDAOs marketing efforts will have a new tool to engage the community and to bring new users with various attractive rewards and campaigns!

Development Status

As per the previous post, the DCTDAO Staking Platform will be launched in tandem with the DCore bridge, estimated at the end of December 2021. Until then, stay tuned on DCTDAO channels for more updates, as DCTDAO will provide yet another sneak peek of the features on the DCTDAO Staking Platform!

For more updates on all things DCTDAO, stay tuned on the DCTDAO channels below :

Main Website : https://dctdao.org
Our working DEX and Bridge Beta V.0.1 : https://dex.dctdao.org

Social media and channels :

Twitter: https://twitter.com/dctdao

Telegram : https://t.me/dctdao

Telegram Price Discussion : https://t.me/DCTDAO_Price_DCTD

Telegram Announcements: https://t.me/dctdaoAnnouncement

Discord : https://discord.gg/cKMCApcHEf

Youtube : https://www.youtube.com/channel/UCfEordLR_DsSGFGhYMugOhA

Token related link :

💎CoinmarketCap : https://coinmarketcap.com/currencies/dctdao/

🦎Coingecko : https://www.coingecko.com/en/coins/dctdao

👾Dextools : https://www.dextools.io/app/uniswap/pair-explorer/0x33347912e2a382b4604f7f0c879bb73ca388b2b6

--

--

--

The Next Evolution of Quantum Proof, Cross-Chain trading. Built on Polkadot, Moonbeam and DCore

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

EU Clarifies Crypto is Covered in Sanctions Against Russia, Belarus

F**k making it rain. We’re making it SNOW.

Cronos Ecosystem Update: January 2022

A Brand New Haru Is Coming Soon

Meet $TEPS: The Frameboy Tokenomics

CHERR.IO leads the Blockchain oriented FutureHack, 2018, Davos — from Slovenia to Switzerland —…

Winners Bright Union Community Program

QUUBE at the World’s Most Elite Family Office Investment Summit in Dubai

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
DCTDAO

DCTDAO

The Next Evolution of Quantum Proof, Cross-Chain trading. Built on Polkadot, Moonbeam and DCore

More from Medium

𝐁𝐢𝐥𝐥 𝐆𝐚𝐭𝐞𝐬 𝐩𝐫𝐞𝐝𝐢𝐜𝐭𝐬 𝐨𝐮𝐫 𝐰𝐨𝐫𝐤 𝐦𝐞𝐞𝐭𝐢𝐧𝐠𝐬 𝐰𝐢𝐥𝐥 𝐦𝐨𝐯𝐞 𝐭𝐨…

Few Days Left: The Columbus Token Listing

Altcoin Alerts x Humans.Ai AMA Recap

Kasta Partnership with Ivan on Tech & Moralis