Introducing Flexible & Locked Staking

Hello,

We have discussed some things on this topic. Since we have improved on reward distribution and yup score, it is time for improvements in staking.

I suggest we do flexible staking with lower APR/APY and higher APR/APY for locked staking. Those who are familiar with PancakeSwap may know their staking mechanism. If not, take a look at it. We can also introduce penalties for unstaking before the time and burn those tokens.

What do you all think of this?

6 Likes

It’s a good idea Harsh, the locked staking could be for a year o something like that. :+1:

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Like :hand_with_index_finger_and_thumb_crossed: It’s a very interesting mechanism

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I was thinking of something like this to talk about, thanks bro for bringing out such a kind of idea. hope it will add some value to the token. .

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Why It should be like one year ?? It could be minimum 3 months , 6 months, 9 months and a year … Based on duration apy would be high or low .

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Durations can range from 1 week to 1/2/3 years. Let the team decide on that.

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Yup, you’re right. It would be better if we can choose the duration. :+1:

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