Staking Dapp
Here’s an explanation of the Staking dApp for LiftOff.Monster with a focus on the 8 different pools, lock-up periods, and the revenue-sharing model:
Last updated
Here’s an explanation of the Staking dApp for LiftOff.Monster with a focus on the 8 different pools, lock-up periods, and the revenue-sharing model:
Last updated
Our Staking dApp is designed to offer both flexibility and high rewards, ensuring that LOX holders are incentivized to participate and contribute to the platform’s liquidity and growth. With 8 different staking pools and a dynamic reward structure, we’re offering something for every investor, whether they prefer short-term or long-term staking options.
8 Different Staking Pools
The Staking dApp will feature 8 different pools, allowing users to lock up their LOX tokens for varying periods. Here’s how it works:
Lock-Up Periods:
1 Day to 12 Months: Users can choose the lock-up period that fits their investment strategy. Whether you want quick rewards or prefer to stake for longer periods, we’ve got you covered.
Variable Rewards:
Rewards are tied to the length of the lock-up period. Longer lock-ups typically come with higher APY (Annual Percentage Yields), incentivizing users to commit their tokens for longer durations.
Stakers will earn dynamic APY based on the total supply and platform fees.
Revenue Distribution & Liquidity
The staking pools are fed by a portion of 34.60% of the total LOX supply, which will be distributed over 36 months. Here’s how the supply and revenue-sharing model work:
34.60% of LOX Supply Allocated to Staking:
A total of 34.60% of the LOX supply will be reserved for staking rewards over 36 months. This ensures a steady, predictable supply of rewards for stakers, encouraging long-term participation.
50% of Platform Fees Contributed to Staking Pools:
In addition to the token supply, 50% of all fees generated on the platform (from token sales, trades, and other activities) will be funneled into the staking pools. This significantly increases the rewards for stakers, as the platform grows and more transactions occur.
APY Growth Through Fees:
The dynamic APY rewards will grow as more fees are added to the pools. As the platform gains traction, stakers will benefit from both the initial staking supply and the increasing fees generated by platform activity. This creates a compounding effect that encourages long-term holding and liquidity.
Sustainable Rewards: The staking pools are designed to provide a steady stream of rewards over time, with the added benefit of growing APYs as more platform fees are added to the pools.
Multiple Pool Options: With 8 different pools to choose from, you can customize your staking strategy based on how long you’re willing to lock up your tokens. Whether you want short-term gains or a more long-term approach, the flexibility is yours.
Increased Platform Liquidity: By locking LOX tokens in staking pools, you’re helping to secure and grow the LiftOff.Monster platform. This enhances liquidity, stability, and ensures a fair environment for token creators and investors.
Revenue Sharing: The additional 50% of platform fees that go into the staking pools means that as the platform grows, so do your rewards. This creates a mutually beneficial cycle where staking fuels the platform’s success, and the platform’s success fuels staking rewards.
Choose Your Pool: Pick from one of the 8 staking pools, choosing a lock-up period from 1 day to 12 months.
Stake LOX: Lock your LOX tokens into the pool of your choice and start earning dynamic APY rewards. You’ll be able to monitor your staking status and rewards in real-time.
Earn Rewards: Based on your staking duration, you’ll receive rewards from both the LOX supply allocation and 50% of platform fees.
Withdraw or Re-Stake: After your lock-up period ends, you can choose to withdraw your rewards or re-stake them to continue earning.
Emergency Withdrawl
In the eventuality user needs to use the Emergency Withdrawl from any locked staking tier.
25% of the user stake in $LOX is burnt, removed from circulation
25% is sent to the General Staking Pool
50% returned to the User wallet
All the acquired bonus $LOX from Staking is returned to the General Staking Pool.
LiftOff.Monster’s staking dApp is a core feature designed to reward long-term commitment, build platform liquidity, and create a sustainable growth ecosystem. With flexible staking durations, a large reward pool, and a dynamic APY model, the dApp is the perfect way for LOX holders to maximize their earnings while contributing to the platform's success.