๐นStaking
Last updated
Last updated
Users will be able to farm yields by staking DAOJO tokens. Advantages of participating in DAOJO includes
Ownership of DAOJO: Users have the ability to earn a percentage of DAOJO supply expansion through rebase mechanisms and lay claims to assets in DAOJO via $DAOJO tokens.
Potential for High Returns: Depending on the market conditions, the DAO can offer attractive returns on investment. For example, this can come in the form of getting the rights to exclusive seed investments that retail investors do not have access to.
Contribution to Governance: DAOJO comes with voting rights, giving users a say in the decision-making process that affects the future of the Dojo ecosystem. This democratic approach to governance is the backbone of our DAO.
Diversification: Quality exposure to different Dojo and non-Dojo assets
In short, yield farming allows participants to generate income passively while waiting for their cryptocurrency holdings to appreciate in value. By providing liquidity or staking tokens on DojoSwap, farmers earn rewards in the form of additional tokens or fees generated by the protocol's activities. This income stream serves as a way to generate returns on idle assets, effectively allowing users to earn income while holding their tokens for potential long-term appreciation. Staking Pool for DAOJO
Rewards accrued every epoch aka 8 hours instead of every second
Lock minimally for 4 epoch aka 32 hours once staked.
Per harvest, will extend by 2 more epoch aka 16 hours even for partial unstaking