You can now stake your $DELO building a sustainable Economy.
Staking in Decentra-lotto is done a little bit differently. Whereas many staking platforms implement an inflationary rewards system AKA minting, Decentra-lotto implements a deflationary or no-minting staking rewards system.
What this means is that there can never be new tokens minted ensuring the $DELO token value rises in price instead of falling, resulting in a sustainable rewards model. This is the reason why the APR cannot be calculated — it is variable as it is fully dependent on ticket sales & un-staking fees instead of minting at a predetermined rate. This has the added effect of encouraging stakers to promote lottery ticket sales, as that is the main source for staking rewards, incentivising users to work towards the same goals — the long term success of the platform.
Every time a user un-stakes, a 2% fee is incurred and distributed to all stakeholders. Any time a lottery ticket is bought, 20% of the ticket sale is also distributed to all stakeholders.
Every time this happens, it is called a “Round”. A “round” is a term used to describe a rewards distribution event. You can see the current round in the dApp and watch as it increases in real-time as stakeholders are rewarded.
You will be able to see your rewards from staking in your harvest. You can collect your rewards at any point. You can also stake your harvest meaning more rewards.
Everyone is a winner with $DELO
🔒 Liquidity is locked for 100 years: https://app.unicrypt.network/amm/pancake-v2/pair/0xc989c0e5d5035e689c129868944db9e091690875
🧾 Certik Audit Completed and Skynet Enabled: https://www.certik.org/projects/decentra
🧾 Solidity.Finance (https://solidity.finance/) Audit Complete: https://solidity.finance/audits/DecentraLotto/
📰 Featured on Yahoo Finance: https://finance.yahoo.com/news/decentra-lotto-decentralized-cryptocurrency-lottery-124400331.html
📺 Reviewed on YouTube:
🖥 Live Lottery & Staking dApp Demo: https://www.youtube.com/watch?v=Zhx6H9pnW4A&
Join the community:
🐦 Twitter: https://twitter.com/Decentra_Lotto
🌐 Ecosystem: https://www.decentra-ecosystem.com/
📒 Docs: https://docs.decentra-lotto.com/