Functionality
The functions you need to understand
Last updated
The functions you need to understand
Last updated
You will be able to stake DAFI on Binance Smart Chain, Ethereum and Polygon. Each pool will have the same Super Staking mechanics, however they can vary in reward rates, depending on their activity.
To create a lightweight, plug-and-play design, users staking will receive virtual dDAFI rewards. This reduces gas-fees and still enables the network-adaptive nature of dTokens.
There is an initial lock-period of 30 days, after which users can partially, or entirely, unstake their initial DAFI tokens. It’s important to note that during unstaking, your entire dDAFI balance is immediately converted to the final DAFI quantity. This is because you have essentially ‘exited’ the system.
You can partially or entirely withdraw your rewards at anytime, during which the contracts will provide a final real-time calculation of your reward balance in the form of DAFI. The nature of dTokens incentivize users through a multiplication effect, if network-demand rises, every user’s reward balance will increase.
When converting/exiting (not including fees).
Super Staking is a unique inflation model, that rewards users through protocol adoption. For this reason, standard APY can be misleading, as rewards are distributed in the form of dTokens – not simple token rewards. Potential APY displays the distribution rate of dTokens that would be self-multiplied to their maximum amount.