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.
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 :
- 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
- 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.
- 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
- 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!
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 :
- Digital products i.e. vouchers, giftcards,etc
- Physical products such as ledger, etc
- 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!
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 :
Social media and channels :
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
Token related link :
💎CoinmarketCap : https://coinmarketcap.com/currencies/dctdao/
🦎Coingecko : https://www.coingecko.com/en/coins/dctdao