MarketIn
  • 💎Introduction
  • PRODUCTS
    • 🌒MI CORE
    • 🎮MI Predition GAME
    • 💹MarketIn NFT - BRC-20
    • ⛓️MarketIn AI Chain
    • 🏢Governance
    • 🦪Staking Syetem
    • 🪙Tokenomics
    • 🛣️Roadmap
  • OTHERS
    • 🔈Community
    • 🔏Privacy Policy
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  1. PRODUCTS

Staking Syetem

  1. Purpose of Staking:

    • To enhance network security and stability.

    • To incentivize long-term holding and community engagement.

    • To support platform governance and decision-making processes.

  2. Staking Token:

    • Utilize $MIT as the primary token for staking.

    • Consider introducing secondary tokens (e.g., $MITCORE) for specific functions or rewards.

  3. Staking Process:

    • Users deposit tokens into a designated smart contract.

    • Staked tokens are locked for a predetermined period, such as 30, 60, or 90 days.

  4. Reward Mechanism:

    • Rewards are distributed based on the duration and amount of staking.

    • Rewards could be additional $MIT tokens or other incentives specific to the platform, such as early access to new features or voting rights in governance.

  5. Governance Participation:

    • Staking users gain voting rights in platform governance.

    • Voting weight could be proportional to the number of staked tokens.

  6. Risk Mitigation and Safeguards:

    • Implement an emergency withdrawal mechanism, possibly with penalties or fees.

    • Ensure the security of smart contracts to prevent token loss or theft.

  7. Transparency and Accountability:

    • Regularly publish staking statistics and reward distributions.

    • Maintain open-source and audited smart contracts to ensure community trust.

  8. Dynamic Adjustment of Rewards:

    • Adjust reward rates and staking conditions periodically based on market conditions and platform needs.

    • Provide mechanisms to reflect community feedback and suggestions.

This token staking scheme for MarketIn AI is designed to motivate and reward community members, ensuring the long-term development and stability of the platform. Additionally, this approach helps to increase user loyalty and participation, laying a strong foundation for a mutually beneficial ecosystem.

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Last updated 1 year ago

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