💰Token Staking and Rewards Program
Last updated
Last updated
Decentralife is proud to introduce its Token Staking and Rewards Program, designed to incentivize active participation, contribute to network security, and provide token holders with additional benefits. This program offers an opportunity for users to stake their Decentralife (DCL) tokens and earn rewards while actively supporting the Decentralife ecosystem.
Decentralife offers multiple staking periods, allowing users to choose the duration that best suits their preferences and investment goals. Staking periods range from 1 week to 12 months, with longer lock-up periods often offering higher rewards to incentivize long-term commitment.
The rewards for staking ETH tokens are calculated based on a combination of factors, including the total amount of tokens staked, the staking period selected, and the overall network participation. The rewards are distributed periodically throughout the staking period, ensuring that participants receive a consistent flow of benefits for their contribution.
Decentralife employs a fair and transparent reward distribution mechanism to ensure that participants are rewarded proportionally for their stake. Rewards are distributed in the form of additional $DCL (At a higher APY) or ETH tokens, providing participants with an additional revenue stream.The distribution of rewards is performed automatically by the smart contract, eliminating the need for manual intervention. The process is transparent and auditable, allowing users to verify the accuracy of reward calculations and ensuring the integrity of the program.