Winter Win Staking: All You Need to Know
DF Platform – Web3 decentralized fundraising platform has been launched and we want to share this joy with you through the launch of staking! We offer our holders 2 staking options at the moment, so that everyone can choose which option is more comfortable and safer for them. In this article, we will answer the most frequently asked questions and explain how staking will work.
Income source
The company has launched its own product, DF Platform, and we already have preliminary results to share with you. DF Platform is a flexible decentralized crowdfunding platform for businesses and startups, where the community makes active decisions on project development (based on DAO principles). Taking into account all of the requests, we decided to distribute a portion of our income from company listings, donations to the workspace, and other information services among holders of our token.
Against the backdrop of recent events in the crypto industry, we offer our users 2 types of fully decentralized staking of the DNT token. We will open 2 types of staking: LP Staking – “I trust DEX” and Safe Staking “I trust only myself” for a period of 30 days, for which we allocate 15% of the monthly income of our company. The distribution between staking will take place in the proportion of 65% of the staking fund on LP Staking and 35% on Safe Staking.
Let’s look at an example of how the company’s profits will be distributed. We plan to earn $30 000 per month, of which 10% is reserved for our community. In monetary terms, this is $3000 in DNT, which will be used to create a staking fund. These DNT will be distributed on a 65/35 percentage, with 65% (or $1950 in DNT) going to LP staking and 35% (or $1050) going to safe staking.
These conditions are valid for the first 3 months. In the future, we plan to increase the percentage of income to distribute profits to the staking fund.
For your convenience, we have developed a bot that will monitor daily data on adding participants to each type of staking. The bot automatically checks the necessary parameters and enters everything into the registry.
LP Staking
Pancake Swap exchange allows us to increase our token’s liquidity by investing DNT paired with USDT BEP-20 for the promotion period in a liquidity pool. This pair creates an opportunity for the Binance ecosystem and for our community to carry out transactions for the sale and purchase of the DNT token. Also, according to the rules of the Pancake Swap, each holder of the above pair in the liquidity pool receives a percentage of each DNT trade on the dex Pancake Swap.
You can read more about the liquidity pool here.
Our company is interested in stimulating and developing the Binance ecosystem, particularly the simple, unhindered and open circulation of our token. Given these goals, all members of our community who have placed a pair of DNT / USDT in the Pancake Swap liquidity pool and have not withdrawn their tokens within 30 days will receive rewards from the staking fund.
LP staking conditions
To become a qualified holder, you need to stake at least 200 USDT worth of DNT paired with USDT (100 USDT and 100 USDT in DNT tokens). The system automatically checks transactions on the exchange, but in order for you to be included in the list of staking participants, you need to make the first transaction with the conditions (100 USDT and 100 USDT in DNT). Then you can add liquidity in unlimited conditions and the bot will automatically update your data.
To make it easier to understand the logic behind the calculation process by which staking rewards will be earned by each qualified DNT holder, we will use the following example.
As a basis, we take 30 days in a month, on the last day of which there are 3 users in the stake pool.
- User 1 staked 1000 tokens for 20 days.
- User 2 staked 300 tokens and participated for 30 days.
- User 3 staked 400 tokens, added another 300 tokens after 20 days, and participated until the end of the month.
The total amount of all the tokens they have invested is 2000. The stake fund at the end of the month is 6500 DNT.
First, we calculate the weighted average of each user’s participation.
For each user it would be like this:
- User 1 – deposited 900 tokens * 20 days : 30 days = 600
- User 2 – deposited 400 tokens * 30 days : 30 days = 400
- User 3 – invested 400 tokens * 30 days: 30 days + 300 tokens added * 10 days : 30 days = 500
The weighted average of the participation of all users is – 600 + 400 +500 = 1500
Next, we find out the share of each of the participants in the total cost.
- User 1 – 600/1500=0.4 – 40%
- User 2 – 400/1500=0.267 – 26.7%
- User 3 – 500/1500=0.333 – 33.33%
The formula for calculating the profit that users will receive at the beginning of the next month. LP Staking fund is 6500 DNT.
- User 1 – 6500*40% = 2600 DNT
- User 2 – 6500*26.7% = 1735.5 DNT
- User 3 – 6500* 33.33% = 2166.45 DNT
The more tokens a user has spent for staking, the higher their share of the reward pool. Profit fixation for each staking participant is carried out on the 1st of the next month at 00:00 UTC. The distribution of profits takes place within 3-5 working days to the wallets that have fulfilled all the conditions.
How to stake DNT on Pancake Swap?
To stake DNT, you need to provide liquidity for at least 200 USDT (100 USDT и 100 USDT in DNT) in Pancake Swap for a period of one-month minimum. The system will check the DNT amount at BSC Scan automatically every day at reset so it updates the list of LP providers daily and fixes your participation.
You can pick up the tokens at any time, but if the tokens were withdrawn from staking earlier than the scheduled time, then you don`t receive a guaranteed profit.
Safe Staking
The safest and easiest form of staking in all of crypto history. You are not required to do anything except create a new wallet (account) and make a purchase on any DEX platform of DNT tokens in the equivalent of 200 USDT. Please make a purchase transaction with conditions (200 USDT), so that the bot will list you as a staking participant and track your data. You can add new arrivals of tokens in less than 200 USDT, thereby increasing your staking profit. Do not use these tokens for 30 days; receive a reward after this period. The exchange rate and DNT price are set on the first day of each month and apply to that entire month (December 1st).
Our bot will automatically check and record this operation in our system and after the 30-day period has expired, will inform us.
To make it easier to understand the logic behind the calculation process by which staking rewards will be earned by each qualified DNT holder, we will use the following example.
As a basis, we take 30 days in a month, on the last day of which there are 3 users in the stake pool.
- User 1 staked 1000 tokens for 20 days.
- User 2 staked 300 tokens and participated for 30 days.
- User 3 staked 400 tokens, added another 300 tokens after 20 days, and participated until the end of the month.
The total amount of all the tokens they have invested is 2000. The stake fund at the end of the month is 3500 DNT.
First, we calculate the weighted average of each user’s participation.
For each user it would be like this:
- User 1 – deposited 900 tokens * 20 days : 30 days = 600
- User 2 – deposited 400 tokens * 30 days : 30 days = 400
- User 3 – invested 400 tokens * 30 days: 30 days + 300 tokens added * 10 days : 30 days = 500
The weighted average of the participation of all users is – 600 + 400 +500 = 1500
Next, we find out the share of each of the participants in the total cost.
- User 1 – 600/1500=0.4 – 40%
- User 2 – 400/1500=0.267 – 26.7%
- User 3 – 500/1500=0.333 – 33.33%
The formula for calculating the profit that users will receive at the beginning of the next month (January 1). Safe staking fund is 3500 DNT.
- User 1 – 3500*40% = 1400 DNT
- User 2 – 3500*26.7% = 934.5 DNT
- User 3 – 3,500* 33.33% =1,166.55 DNT
The more tokens a user has spent for staking, the higher their share of the reward pool. Profit fixation for each staking participant is carried out on the 1st of the next month at 00:00 UTC. The distribution of profits takes place within 3-5 working days to the wallets that have fulfilled all the conditions.
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Summing up, our users can choose a convenient staking plan: LP staking or Safe Staking. Please read all terms and conditions carefully and ensure that you have complied with all of the above. These conditions are valid for the first 3 months. In the future, we plan to increase the percentage of income to distribute profits to the staking fund.
If you have questions, please contact us via mail at [email protected] or technical support at @definder_support in Telegram. During the month, we will constantly update and inform our users about how staking is going.
Thank you for staying with us and taking an active part in the development of the company.
