All you need to know about $ARDN staking
Ariadne is a cross-chain DeFi marketplace that is lowering the fees to enter/exit farms on multiple blockchains and saves swaps and bridges costs for both EVM and non-EVM chains.
Ariadne enables users of any supported chain to enter/exit yield farms on a multitude of blockchains, with virtually no lower limit of investment, and without having to deal with bridges, swaps, and slippage, transaction costs on receiving blockchains.
$ARDN will be used to pay the gas/swap fees in future versions, and staking ARDN will bring farming benefits. The testing (beta) version doesn’t include the ARDN usage yet.
We can divide our mini-roadmap related to the $ARDN token staking into 4 phases:
Phase 1: (Current) Phase when Ariadne protocol only gives you the ability to stake your ARDN on BSC and earn yield from part of assets in tokenomics allocated for marketing.
Phase 2: (This one won’t last long) Incentivized farming! Not only you will be able to farm but you will receive farming rewards converted into ARDN and along with it be able to earn staking rewards by staking ARDN tokens. Working on adding the ability to stake from more networks and also limits are lifted for the most part!
Phase 3: Next phase will give you the ability to increase yield % (boost) on your farm by staking ARDN tokens, the profitability of the boosted farm will grow in proportion to the number of staked ARDN tokens.
Phase 4: We are planning to implement a staking mechanic similar to curve finance with the native token (ARDN) and liquidity token (veARDN). You will be able to choose the time period for locked staking of your ARDN tokens, after staking you will receive liquidity tokens that will give you governance rights, free you from paying fees, give you a yield boost on farms you choose.
Keep in mind that some things are bound to change — blockchains and protocols all have limitations, we are finding the best route.
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