SDAO Staking Beta Announcement

Gregory
SingularityDAO Ai-DeFi
3 min readJun 3, 2024

Join the SingularityDAO Staking Beta Program and Earn Rewards!

SingularityDAO is launching our Official Beta Program for the upcoming new staking feature, and we need your help to perfect it.

We are inviting a select group of community members to join the official SingularityDAO beta testing program, provide feedback, and earn rewards.
This is a unique opportunity to experience the new staking interface before anyone else and help shape its final version.

How the Beta Programme Works

The beta testing period will run for one week, starting Monday 03 June 2024 18:00 UTC. We will select 5–10 users to join our existing group of Official Beta Testers.
These newly selected testers will be invited to a dedicated Telegram Beta Group where they can post their feedback and interact with other testers.

Applications open on Monday 03 June, and successful applicants will be selected and approached by 18:00 UTC Tuesday 04 June 2024.

User Journeys and Scenarios

To ensure comprehensive testing, we have outlined several user journeys that participants can follow:

1. Stake
Stake testnet tokens on the new platform.

  • Click on stake button on the selected pool
  • Enter Amount and select duration on the popup
  • Approve and Deposit
  • Wait for confirmation
  • Status updated on Dashboard

2. Extend

  • Once staked- select the option to extend
  • In the popup select the duration by which you want to extend the staking period

3. Withdraw

  • Two sub-journeys
    - With penalty: Before the unlock date.
    - Without Penalty: After unlock date has passed

4. Claim

  • Claim your vested tokens

Participants will be allocated testnet tokens — airdropped to your wallet — to explore these scenarios and provide feedback on your experience.

Incentives for Beta Testers

To reward beta testers, we are offering the following incentives:

  • Rewards: Active participants providing feedback will receive $20 USDT as reward for their engagement, based on completion and submission of the feedback form at the end of testing.

How to Participate

To join our official beta testing program:

  • Complete the form here to sign up
  • Successful applicants will be approached and invited to the Beta Testing Programme by 18:00 UTC 04 June 2024

We are excited to bring you this new staking feature and look forward to your valuable feedback. Together, we can make DeFi more accessible, secure, and rewarding for everyone.

Thank you for your continued support and participation!

About SingularityDAO

SingularityDAO is a decentralized portfolio management protocol designed to revolutionize crypto asset management. With its non-custodial approach, superior risk management tools, and AI-enhanced analytics, SingularityDAO allows anyone to manage digital assets effectively and safely. The platform focuses on fostering an ecosystem of digital asset managers who can provide automated, intelligent trading strategies.

As a community-centric project, SingularityDAO promotes open dialogue and transparency. It empowers its community by offering the opportunity to shape the protocol’s development through liquid democracy. Holders of SingularityDAO Governance Tokens (SDAO) can vote on key decisions, guiding the protocol’s evolution, and driving progressive decentralization. This inclusive approach ensures a steady and well-considered transition towards complete control by the DAO.

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