Staking Arriving Soon for Holders of $DOMI on Avalanche (Beam Subnet)!

Tremens
DomiOnline
Published in
4 min readJun 15, 2022

Domi Online adds internal staking to enable earning exclusive NFTs, skins, titles, pets and more

Greetings, Dominators!

By now you know that Domi Online is is dedicated to building more than just an amazing, everlasting gaming experience without limits. In order to involve gamers at the fundamental level of the game they dedicate their time and energy to playing, Domi is building a carefully balanced economic framework based on $DOMI, the utility and governance token underlying transactions across the Domi ecosystem. This creates a sustainable foundation that places the gamer in full control of the resources they acquire and employ in their personal quest for riches, glory, and ultimate domination!

The next step in involving gamers in rewards based on their participation in the Domi ecosystem has now arrived with the coming of internal staking. Let’s take a look at the details….

Staking Your $DOMI

Our latest announcement regarding subnet deployment in collaboration with Beam marks a significant stride toward delivering a comprehensive utility experience for our $DOMI holders. We are thrilled to introduce a captivating platform that serves as a hub for all $DOMI actions. Dive into the details by reading the complete announcement here.

After utilising the portal to bridge your $DOMI from avalanche c-chain to the beam subnet, Staking the $DOMI tokens you hold is a simple process, and due to the efficiency of the underlying subnet, it’s quick and inexpensive as well!

Through staking $DOMI, holders will earn dTOKENs, which in turn be redeemed for exclusive virtual assets (NFT’s) such as skins, cosmetics, titles, and even pets!. While many staking arrangements inflate the supply of the very token to which they are supposed to add value, this dual-asset system ultimately rewards stakers with usable and tradable items meant to enhance the Domi Online experience. This forms a vital part of a sustainable economy designed to support the everlasting gameplay of Domi Online.

Staking is just the first step in establishing a user-based economy in which gamers earn and maintain full possession of the in-game items they use to ascend to the heights of domination. Watch for announcements of specific upcoming dTOKEN pools granting access to the very first available in-game items.

$DOMI — Giving Players a Voice

Governance is the framework of authority and accountability that defines and controls the outcomes and prospects of our project. The end result is to give you, the player, a voice in Domi Online.

$DOMI holders participate in governance proposals in our Discord on a regular basis, making vital decisions on lore, helping to shape the on-chain governance proposal structure, proposing $DOMI token utility, and contributing to the direction of concept art. This grants our $DOMI holders exclusive behind-the-scenes access and allows participants to contribute to our in-depth discussions behind each implementation undertaken within the world of Domi Online.

Get ready for more governance proposals, focusing on crucial aspects like virtual asset supply (NFT supply), emission rate of our dTOKENS, partnership pool voting, and beyond! Your valuable input and visionary perspectives are pivotal in shaping the future of Domi Online’s economy. Join the discussion on our discord and actively participate in governance to make a meaningful impact. Your voice matters in sculpting the path forward!

At Domi, we strive to maintain focus on the community in every development. Imagine the future possibilities if an MMORPG project such as World of Warcraft or Runescape were to truly take care of their community, giving each individual a say in the future of the game.

This is exactly what Domi Online is doing in providing the highest level of dedication in catering to our ever-growing community.

Domi is developing an unparalleled ecosystem powered by the expanding utility of the $DOMI token. Join us through the links listed below to keep up to date with all the latest announcements. For the very first information regarding everything Domi has in store, including $DOMI staking, we highly recommend joining us on our Discord.

About Domi Online

Domi Online offers players an expansive medieval Metaverse filled with forests, caves, and deserts among other varied and secret-filled areas open to discovery, adventure, and ultimate domination. Domi’s elite development team shares a rich history, including work on the world’s largest free MMORPG of all time, Runescape.

Featuring gameplay that incentivizes a player’s commitment to developing in-game skills and to increasing in-game status through an intricate leveling system, in a world featuring premier graphics and design, Domi Online ushers in a new era for first-person POV MMORPGs. An active community of gamers is the engine that drives the engagement and sustainability of Domi’s play-to-earn model into new realms of gaming experience.

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