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JEDSTAR Gaming’s foray into DeFi: STARSTAKING
JEDSTAR Gaming is proud to announce the launch of our latest innovation, STARSTAKING, a DeFi platform with the potential to offer up to 25% APY. As a Web3 company, we constantly seek new ways to improve and expand our offerings, and STARSTAKING is no exception.
On February 15th, we will launch this highly-anticipated platform, which will offer a new level of earning potential for our ecosystem and support the growth and sustainability of our other platforms. With its deflationary mechanisms and reward programs, STARSTAKING is poised to become a key player in the DeFi space.
Introducing STARSTAKING: A Game-Changing DeFi Platform
STARSTAKING is a next-generation DeFi platform that revolutionises the industry with its innovative approach and unique reward programs.
With a focus on sustainability and exclusivity, the platform is designed to provide long-term stability and growth opportunities for its community members.
STARSTAKING operates on a seasonal system that limits the number of community members participating in a given season. This approach helps maintain the sustainability and stability of the platform, as well as adds a layer of exclusivity to the staking process.
The maximum amount of $JED that can be staked in Season 1 is limited to 10,000,000 JED, which equates to a total value locked (TVL) of USD 1,000,000 based on the launch price of USD 0.1.
Next on STARSTAKING: Liquidity Programs and Lottery
On top of the potential to earn up to 25% APY, STARSTAKING will operate a Liquidity Rewards Program from Season 2 onwards that rewards JED and KRED liquidity providers between 2% to 50% annual interest from Uniswap fees.
This program pushes the boundaries of smart contract innovation through its unique approach to balancing token depth and mitigating Impermanent Loss while rewarding liquidity providers. The program is designed to constantly improve and optimize the performance of smart contracts to deliver the best possible results for its participants.
Furthermore, Season 2 will offer additional rewards to its JEDStakers and Liquidity Providers through its Lottery Program.
Participants will have the chance to win KRED or JED Jackpots, starting at the equivalent of US$50,000, which will increase as ticket purchases increase. 50% of each ticket purchased will go to the Lottery Program Jackpot, 40% will be redistributed among all ticket buyers, and 10% will be removed from the Circulating Supply.
Tickets can only be purchased with rewards earned. This innovative approach to a lottery program also pushes the boundaries of smart contract innovation by providing participants with a seamless and secure gaming experience.
In conclusion, STARSTAKING is a game-changing DeFi platform poised to revolutionize the industry with its innovative approach and unique reward programs. Its focus on sustainability, exclusivity, and high APY offers a promising investment opportunity for DeFi enthusiasts and seasoned investors!
Join us on Telegram to find out more!
https://t.me/JedstarOfficial
Read our whitepaper:
https://app.gitbook.com/o/HekB5b2Rg0dFnkqQ0BXg/s/bLYPyEpvzDkGcT23bxO5/
