The cryptocurrency and blockchain space is an enormously growing space where newcomers are aplenty and hence, the difficulties around accessing different products and services in the crypto space. In 2021, we saw several projects succumb to their poor token economics as they started losing their token value just a few months after their IDOs.
However, a substantial project backed by a secured token allocation structure nails the game. At DPAD Finance, for instance, we push for increasing token value without ignoring the core product development. Most importantly, with the help of our unique project-oriented staking solutions, we offer users an active source of attractive returns. This article will therefore explore our core concepts of staking, our solution, and how it can benefit users.
Why Stake on Dpad?
DPAD protocol is the world’s first social venture builder, carving a niche for itself by building a next-generation Launchpad 2.0 for founders focused on building decentralized Web3 projects and also, we are building a launchpad that delivers a seamless experience to users.
Apart from that, DPAD Finance balances and handles traffic loads for all investors, creating an entirely smooth and robust ecosystem that everyone can access at the same time. This will help projects deliver their sales based on the terms they set and this will also give investors the ability to complete their transactions promptly.
Additionally, our platform includes an easy-to-use interface for decentralized voting, staking tokens into the protocol, and a funding section for listed projects. DPAD has also launched a staking program for $DPAD holders to earn rewards based on the total amount of $DPAD tokens staked in the staking contract.
$DPAD Staking Program- https://dpad.finance/stake
Our native token also functions at the center of funding and staking. $DPAD is the native token powering the Dpad protocol and it is a BEP-20 standard token built on the Binance Smart Chain.
$DPAD acts as a fuel for the DPAD protocol powering the decentralized governance, voting, and staking functions.
Incentivizing Users and Final Thoughts
As an added advantage of holding $DPAD tokens, users may also stake them on the protocol’s staking pools to earn attractive returns.
On DPAD Finance, staking helps to incentivize holders and maintain price stability. Principally, there are over 5 million $DPAD tokens allocated for staking rewards and the token’s max supply is capped at 100 million. Also, towards incentivizing the token holders, more than 10 million $DPAD has been burned.
To participate in $DPAD Staking Program and earn a high APR, you can stake your $DPAD tokens here- https://dpad.finance/stake
