💰Staking

Presentation

Ta-da's staking solution rewards users who have trust in the project and its token. Users aiming to earn rewards are required to lock their tokens for a predetermined period. In general, the more extended the staking duration, the higher the potential rewards. Ta-da features four unique staking pools, each with its own unique characteristics, giving users a variety of options to choose from based on their staking preferences.

Stakes description

In addition to Metastaking by MultiversX, Ta-da will offer its own staking product based on 4 different stakes:

Pool IDLock durationAPR (3 first months)Ratio

1

12 months

60%

8

2

6 months

30%

4

3

3 months

15%

2

4

1 months

7.5%

1

All APR are guaranteed for 3 months and will be dynamic thereafter and may decrease. Once the application is released, the APR will only be indexed to the platform's activity. Here are the different sources of revenue that will be injected into the staking:

  • 33% of deposits lost by users

  • 5% of our customers' cash inflows

  • 5% in-app purchases

Properties

The main properties of our staking system (so without the Metastaking) are summarized below:

  1. Two users who stake the same amount of tokens in the same stake get the same amount of reward.

  2. The reward depends on the number of tokens staked. A user who stakes twice as many tokens as another user in the same stake earns twice as much reward.

  3. A token blocked in a stake with a ratio of 2 must earn twice as much reward as a token blocked in a stake with a ratio of 1.

  4. No tokens are created or destroyed during redistribution.

Here's a brief explanation to help you understand. A user who stakes his tokens in the pool 4 (ratio of 1) will have to wait a month to be able to recover his locked tokens. During this period, he will earn rewards. Another user who stakes the same amount of tokens in the pool 1 (ratio of 8) will have to wait a year to get his tokens back. However, during this period, he will earn 8 times more tokens than the first user (if the latter were to stake his tokens every month in the pool 4 for one year).

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