Seed Staking: changing the launchpad game forever
Hello Seedify Community,
Today we are pleased to announce “Seed Staking”- a feature that will start during the month of April, and one that we have been talking about for a long period of time — even within our original white paper.
Seed staking will be a passive income generator for all $SFUND holders. In this article, we discuss how this works and the algorithms behind this feature set.
Let’s start with the basics:
We want to reward our most loyal community members with industry-leading rewards. We will do this by providing $SFUND stakers with free tokens from our incubated projects, and the projects to which we provide the most support.
On these projects Seedify does a lot of heavy work, including but not limited to advisory work, attracting liquidity, tokenomics design, exchange connections, and ongoing guidance which takes a lot of time and energy. With this in mind, we are now arranging exclusive relationships with projects whereby they will provide us with a large number of tokens which we will provide to our token stakers and farmers… you!
It’s a win for projects because they get a lot more support from Seedify. It’s a win for our community because they get to benefit from all exclusive incubation tokens. It’s a win for Seedify as our community becomes stronger and more loyal while increasing $SFUND’s utility and value.
How it will work:
- If you are already staking or farming you do not have to do anything extra.
- From the 8th of April, we will take daily snapshots of our staking and farming pools, and you will generate “Seed Staking Points”.
- These points will be visible in your Seedify Profile dashboard, as CSVs. Later we will have a completely dedicated section with all of your total accumulated points.
- In every free token vesting that comes from incubated projects, the algorithm will work as such: your accumulated “Seed Staking Points“ DIVIDED BY the total “Seed Staking Points” of all Seedify stakers and farmers. This will calculate the percentage of free tokens for that given incubated project you will passively earn.
- The more projects Seedify incubates the more free tokens you will accumulate. Passively, without lifting a hand, without any hassle — our thank you, to you.
Seedify is now at a position to incubate amazing blockchain games and metaverse projects. This means we will be the first in history to offer such amazing rewards to our community — making us the most benevolent incubator & launchpad in the market.
On Saturday expect the announcements on the first couple of incubations that we have signed so far.
Farewell!
