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Staking
CrickDAO has implemented a staking mechanism to recognize and reward community members who have contributed to the long-term success of the CrickDAO ecosystem. Through interaction with our staking contract, users will be able to secure their $CRIC tokens within the platform, and in exchange, users will be able to obtain CrickDAO incentives.
Staking is yet another method through which we aim to strengthen our in-game economy. Staking allows players on the platform to earn their due rewards.
In simple words, staking refers to earning rewards for holding (or HODLing) cryptocurrencies. By staking the $CRIC token, players get assured rewards in CrickDAO. Apart from that, it keeps the ecosystem flourishing with a balance between the supply and circulation of $CRIC tokens. For users, this is yet another opportunity to get assets worth real value by giving their time and efforts to the development of the CrickDAO ecosystem.
Last modified 10mo ago