Constant token generation and distribution of tokens through contests and partnerships create some pressure on the price by increasing the amount of free-float TONs on the market. Staking partially solves this issue - the tokens are staked, the community grows and the buyers/sellers balance becomes more stable. But what if the community is offered a higher APY (annual percentage yield) but with a longer lock of their tokens?
Where tokens (money) are, there is the crowd. Staking Boost can be the center of a stand-alone PR & Marketing campaign - through the prism of additional rewards we can tell about Free TON.
Retail Staking Boost DeBot Program
During the pilot 3 months of the program, users will be able to stake their TONs using a specially developed Staking Boost DeBot. Based on the amount of staked TONs (per 1 transaction) and the duration of the lock period, the users will receive a higher APY.
Staking Boost DeBot reward model
On top of the ordinary staking the users will receive the following rewards:
10 000 — 99 000
1 000 — 9999
High APY percent is the perfect message to deliver to the external audience - start your communication with Free TON with 3 easy steps: Open Browser, start DeBot and stake your tokens. Having a simple message as the entry point for the new users, it will be much easier to grow their interest in more complicated/technological aspects of the network.
PR & Marketing campaign will include the following initiatives:
The Program will have clear data about the amount of tokens that were attracted to Staking Boost DeBot and locked for specific time periods. The analysis of this data will show how this initiative can be scaled through attracting validators/DePools and wallet developers to the next stage of the program.
For the realization of the pilot program (duration - 3 months) we ask for the following amounts of tokens:
Incentivization for staking - 2 000 000 TON
Development team engagement - 250 000 TON
Promotion - 250 000 TON
Total amount of 2 500 000 TON should be transferred upfront to the following address: 0:c0bf216a6662818467968167790ceeea26cc36ffa44ff83f10ca9423a05a354c
Looks interesting! To be realistic most of the tokens will go from already staked funds (ordinary stakes in MLudi Depools). And as I can see, currently looks unlogic to lock tokens for two years because Rust Cup DePools will have match more incentivization. But lock tokens for 6 months will be interesting for community. Defenetly support this proposal but may we include some incentivization for 3 month additionally?
Thank you everybody for your comments and suggestions.
We have studied the feedback on the forum and in the chats, took a closer look on recent proposals and have come to an opinion that the incentivization can be increased to attract more users to long-term staking.