Tokes Staking Page & DAPP Awareness
Project Updates
Staking Updates
As a part of our ongoing improvements surrounding accessibility to information for tokes staking, we are pleased to announce the release of a new personalized staking page experience, accessible through the tokes block explorer.
The personalized page staking page can be found here.
Along with this app release, support has been added for both Waves Keeper and Ledger Hardware devices. You will be able to manage multiple addresses through this single user experience.
Personalized data available through the page includes:
- Staking balance
- Date wallet began staking
- Weighted average balance during a staking epoch
- Expected distribution in next payout cycle
Additionally, network statistics are presented:
- Total wallets staked
- Stake pool balance
- Expected total distribution in next payout cycle
- Burned tokes
- Carry over balance pool statistics
- Carry over distribution trigger indicators
As a reminder, tokes staking offers yield as high as 25% annually when compounding staking rewards!
DAPP Updates
The vesting and staking DAPPs were also published on-chain in prior months, and we want to ensure all users have transparent access to the functionality of these smart contracts.
Vesting
The corporate vesting smart contract is associated with the uncirculating supply of tokes in our treasury. This contract locks 600,000,000 tokes for a period of 30 months, with the start date beginning at the time of launch on Probit. Per our specifications, vesting includes a 6 month initial lockout, with 30 day cliff vesting for a period of two years. 1/24th of the locked supply will become available to the Multichain team every 30 days, until the full supply is unlocked.
The contract can be viewed and interacted with here: https://wavesexplorer.com/address/3P2Nhg9m9FGL9qNiwDsQCh7YYJjj28zZ7KR/script
Staking
The staking DAPP ensures that all tokes allocated to user vesting are locked with specific distribution windows for user staking payouts. This contract locks 100,000,000 tokes for the duration of the two year staking window. It consists of a 90 day initial lockup, permitting users to participate in the 90 day rolling weighted average balance calculation, and 30 day vesting periods. Every 30 days, following the lockup window, user staking rewards will be distributed from the DAPP.
The contract can be viewed and interacted with here:
https://wavesexplorer.com/address/3P6UNWB43vG7QwNDzexRQ7PCXhbky7sCFt4/script
As always, please reach us on telegram, or via email at support@multichain.ventures should you have any questions.
More to come on the horizon as we start to roll out our strategic marketing plan and partnership announcements. Stay tuned!
