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Staking & Rewards
Staking in D-Drops allows users to participate actively in the ecosystem as validators. By staking the native DOP token, users gain entry into the validation pool with the opportunity to validate treasure hunts and quests.
- 1.Staking DOP: Users can stake 10,000 DOP tokens to gain a single entry into the validator pool. This is the threshold set for ensuring a commitment to the platform’s integrity.
- 2.Limit on Stakes: To maintain fairness and prevent monopolization, each user is allowed to stake up to 10 times, allowing for a maximum of 10 entries in the validators pool per user.
- 3.Increased Probability: The more entries a user has in the validators pool (up to the maximum of 10), the higher their chance of being selected to validate claims.
- 1.Reward Pool Allocation: There is a dedicated reward pool from which validators are paid. The size of this pool is determined by various factors, including the platform’s revenue from the staking process and other sources.
- 2.Calculation of Rewards: The share of the reward pool that each validator receives is calculated fairly based on the proportion of validations they have correctly performed. The formula used is:
- 3.Validation Performance: It’s important to note that only correctly done validations count towards the reward calculation. This encourages accuracy and integrity among validators.
- Monthly Rewards: Rewards are distributed automatically to the validators at the end of each month. This ensures a streamlined process and rewards validators for their participation and contribution to the platform's ecosystem promptly.
- Transparency: The automatic distribution system is transparent and ensures that validators can expect a reliable reward for their services, fostering trust and long-term engagement.
The staking and validation system in D-Drops incentivizes users to participate in the game's governance by becoming validators. This not only decentralizes the validation process but also aligns the interests of the validators with the success and integrity of the platform. The carefully calibrated reward system ensures a fair and equitable distribution of rewards, making it an attractive proposition for users who wish to contribute more significantly to the D-Drops community.