đIntroduction to Staking
Staking is a way for us to reward our community members for their long-term mindset by allowing them to lock up their ZC tokens. By staking ZC, you can earn ZC rewards through the staking dashboard. In the future, staking ZC will grant you voting rights and a say in determining the use of the Community Treasury, and features in the game.
How It Works
A 7-day locking period is imposed on a user's staked ZC tokens. This timeframe is carefully chosen to strike a balance between incentivizing users and ensuring stability in token supply. The locking period resets to 7 days following any action that alters the user's staked balance, including:
Staking additional ZC tokens
Claiming staking rewards
Withdrawing staked tokens
Reasoning for the Locking Period
The implementation of the locking period serves various strategic purposes, including:
Market Stability: Discourages immediate selling to stabilize prices.
Long-term Investment: Encourages holding for sustainable growth.
By carefully considering the interplay between high APY returns and the locking period, the $ZC project aims to create a robust economic model that rewards loyalty and promotes a stable investment environment.
Rewards after Staking
The rewards will not automatically restake into the pool; players must wait until the token is listed to have the opportunity to restake and receive additional rewards.
Earning APY
We create rewards with a high APY for the first presale buyers, who are laying the foundation for the platform's future development. With the APY fixed as follows:
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