This page describes the benefits that token staking offers to users within the application. For a more detailed description of staking itself, please visit Staking.
For each user, a staking score is calculated based on the value of the staked tokens and the lock duration. This score allows a user to achieve ranks that unlock features and items in the application. This is a great way to increase the work capacity and thus enhance the potential rewards.
Each staking pool will provide the following amount of staking points:
1 month pool: 1 $TADA locked = 0.75 staking point
3 month pool: 1 $TADA locked = 1 staking point
6 month pool: 1 $TADA locked = 1.5 staking points
12 month pool: 1 $TADA locked = 2 staking points
The table below provides an approximation of the rank based on the value of tokens staked and the lock duration. Each row corresponds to a rank, and each column indicates the dollar value of tokens that need to be staked in the pool to reach that rank.
Rank | 1 month lock | 3 months lock | 6 months lock | 12 months lock |
---|---|---|---|---|
Rookie | >0$ | >0$ | >0$ | >0$ |
Adventurer | 667$ | 500$ | 334$ | 250$ |
Holder | 1334$ | 1000$ | 667$ | 500$ |
Hero | 3334$ | 2500$ | 1667$ | 1250$ |
Legend | 6667$ | 5000$ | 3334$ | 2500$ |
Whale | 13334$ | 10000$ | 6667$ | 5000$ |
Here are a few examples to better understand:
A user who has staked one token is automatically a Rookie, regardless of the lock duration.
A user who has staked $500 worth of tokens in the "3 months lock" pool is an Adventurer.
If the same user had chosen to stake the same amount of tokens in the "6 months lock" pool, he would have achieved the higher rank of Holder.