Staking

Introduction

Staking is a mechanism designed to reward community members for their long-term commitment by locking up their $DWRF tokens. By staking your $DWRF, you can earn additional $DWRF rewards through the staking dashboard. In the future, staking $DWRF will also grant you voting rights and a say over the use of the Community Treasury Fund.

Overview of Staking

Staking $DWRF is an essential part of the Dwarf Souls ecosystem, providing incentives for holders to contribute to the community’s stability and growth. Here’s a detailed look at the staking process and its benefits:

1. Earn Rewards: When you lock up your $DWRF tokens through the staking dashboard, you will receive additional $DWRF tokens as rewards. This encourages a long-term investment mindset among community members.

2. Voting Rights: Future developments will allow stakers to participate in governance decisions, giving them a voice in how the Community Treasury is utilized. This includes voting on proposals, development priorities, and other key decisions.

Detailed Unlock Schedule

The staking rewards follow a gradual unlock schedule to ensure sustainable growth and reward distribution over time:

• Token Amount: 63,750,000 $DWRF

• Percentage of Total Supply: 25%

• Unlock Schedule: Gradual unlock over approximately 5 years

This schedule ensures that rewards are distributed consistently and fairly over an extended period, promoting stability and confidence in the ecosystem.

Incentivizing Stakers with the Chrono Score

To further incentivize stakers to add value to the Chrono Dwarfs ecosystem, we may introduce a system that offers better rewards to those who have actively contributed to the community. This concept, known as the Chrono Score, is still under research and development.

1. Chrono Score System: This system would measure and reward contributions to the ecosystem, such as active participation, community engagement, and other valuable actions. Higher Chrono Scores would result in better staking rewards.

2. Delegation of Contributions: Stakers who are not active players or interested in governance participation may delegate their required contributions to other parties. This delegation could enable talented community members to help achieve high Chrono Scores on behalf of stakers.

3. Guilds and Corporations: This system may lead to the formation of guilds or corporations with large amounts of $DWRF tokens seeking skilled players to maximize their Chrono Scores and ensure high weekly yields. This creates a dynamic and collaborative environment where both investors and players benefit.

Future Vision for Staking

The long-term vision for staking in the Chrono Dwarfs ecosystem includes continuous improvements and enhancements to the staking experience:

1. Advanced Governance: As the ecosystem evolves, stakers will have increased influence over community decisions, fostering a more democratic and participatory environment.

2. Enhanced Rewards: Ongoing research and experimentation will lead to more sophisticated reward mechanisms, ensuring that contributors are fairly compensated for their efforts.

3. Sustainable Growth: The gradual unlock schedule and the introduction of the Dwarf Score will help maintain a balanced and sustainable growth trajectory for the ecosystem.