Last updated
Last updated
Staking in Mindlink is designed to reward participants who actively contribute to the stability and growth of the ecosystem. By locking $MLINK tokens in the staking mechanism, users can earn rewards and participate more deeply in the ecosystem.
How It Works:
Staking Process:
Users lock their $MLINK tokens in a smart contract for a specific period.
In return, they earn rewards proportional to the number of tokens staked and the duration of staking.
Rewards:
Rewards are distributed in $MLINK tokens, incentivizing long-term holding.
Additional bonuses may be offered for participating in governance, such as voting or proposing changes.
Dynamic Yield:
The staking yield is calculated based on factors like the total amount of $MLINK staked, the length of time tokens are locked, and overall platform activity.
This ensures a balanced reward structure that aligns with ecosystem growth.
Security:
Smart contracts governing staking are thoroughly audited to ensure user funds remain secure.