Staker Protocol can be used for savings, rewards and incentives with many community development partners, with each partner, having their own redemption rules. This makes the token unique and focuses on the main impact on the development of the community.
Contents:
About the Staker Protocol site
Staker Protocol - a platform, built on the Harmony-One blockchain. The Harmony blockchain is chosen due to its very low fees and fast transactions. The main token, used on the platform, is the Staker protocol token. The Stacker Protocol Token uses the MRC 20 (Moon ETC 20) standard for multi-chain tokens. On each chain, MRC 20 uses the standards for that chain (e.g. ERC20 on Ethereum) and also uses the Muon network to allow users to transfer tokens between chains.
Some features:
| 1 | The Staker Protocol - a low supply token with an initial base tax of 10% on almost every transaction. |
| 2 | Staking - the heart of the platform. To stake tokens, holders need to meet two conditions: have Stalker protocol tokens in their wallet and join someone's team. |
The purchase of tokens can be done on the exchange page by simply exchanging ONE for Staker protocol tokens. Once you have tokens in your wallet, you will need to update your uplink. Simply enter the address on the bidding page and click "Update". You will need to confirm the transaction on the blockchain. Users can place tokens in a staking contract and receive expected daily rewards of 0.8-1.0% (approximately 0.9% daily) up to 328.5% on deposit. Maximum - 100,000 tokens per account.
Instead of rewarding holders by minting new tokens and issuing them into circulation, the Stacker protocol is based on deflation and taxes almost all types of transactions. Collected taxes go into the staking pool, from which staking rewards come. Initial taxes are 10% for most types of transactions. This tax can vary and increase if there are not enough tokens in the pool.
Liquidity provision
Platform users can provide liquidity to the Staker protocol by adding ONE to the liquidity contract. This contract works just like any other DEX and the liquidity providers are rewarded from farming. When a user deposits ONE into a contract, they receive a Stalker LP token, which represents their portion of the dividend in the liquidity pool.
2% of this tax is permanently distributed among other liquidity providers, 3% is fixed in the liquidity pool and 5% is spread over time among liquidity providers. Users, providing liquidity, are rewarded in the form of Staker LP tokens, which can be pooled or claimed.