BitStake: A Staking Protocol for BRC-20
  • Staking(3,3) on BRC-20
    • Staking & Unstaking of BRC-20 tokens
    • Things to keep in mind
    • Examples
  • BitStake Protocol
    • Staking Platform
      • Yield Generation
    • BitStake Launchpad
    • BitStake DAO
  • Tokenomics, Utility & Governance
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  1. BitStake Protocol
  2. Staking Platform

Yield Generation

How will yield get generated?

Given staking allows the token to become inflationary, there is a need of yield generation mechanism which makes rewards sustainable. Over the period of time, BitStake Protocol DAO will work on multiple propositions to achieve the revenue. However, one such mechanism which we are working on an immediate basis is: 'Launchpad'. There will be a revenue share of launchpad which will burn the tokens bought from market bringing a deflationary mechanism for tokens thus keeping balance. More details will follow!

Note: The revenue/yield generated will be distributed to the governance token holders.

P.S. BitStake Protocol shows all yield generating token on the website to stake/unstake. It is a tech functionality provided to all devs and token holders. However, How to generate yield for other tokens lies with the respective devs/teams.

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Last updated 1 year ago