Staking
The staking system on the DonaldBuff platform provides users with the ability to validate events, with access determined by their staking level. Each staking level is tied to the number of $BUFF tokens a user deposits, unlocking various privileges and limits for event validation. Here’s an overview of the staking tiers and their benefits:
🟡 Staking Levels and Benefits
Level 1:
Required Tokens: 10,000 $BUFF
Privileges: Ability to validate up to 5 events per day.
Description: At this entry level, users gain basic access to event validation, allowing them to start participating in the moderation process and earning experience.
Level 2:
Required Tokens: 20,000 $BUFF
Privileges: Ability to validate up to 10 events per day.
Description: Level 2 increases the number of events that can be validated, giving users more opportunities to participate and influence event outcomes.
Level 3:
Required Tokens: 50,000 $BUFF
Privileges: Ability to validate up to 15 events per day.
Description: With Level 3, users gain significantly more validation opportunities, allowing them to have greater influence and be more active in the community.
Level 4:
Required Tokens: 100,000 $BUFF
Privileges: Ability to validate up to 20 events per day.
Description: Level 4 is for highly active stakers, providing more opportunities to validate events and improving their status and contribution to the platform.
Level 5:
Required Tokens: 200,000 $BUFF
Privileges: Ability to validate up to 30 events per day.
Description: The highest staking level gives users maximum privileges, allowing them to validate up to 30 events daily. This ensures significant influence within the system and a high reputation among participants.
🟡 Key Features of the Staking System
Access to Event Validation: The higher the level, the more events users can validate, increasing their participation in the platform's governance and event outcome moderation.
Incentives for Higher Stakes: As users stake more tokens, they unlock greater validation power, giving them a stronger role in shaping the platform's activities and outcomes.
This system encourages users to increase their stake for more influence and active participation in the platform's event validation process, rewarding those with higher stakes.
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