ZillaPad Staker
Proof of Holding
Staking is how proof of stake cryptocurrencies cultivate a functioning ecosystem on their networks. Typically, the bigger the stake, the greater chance stakers get to earn rewards.
As stakers amass larger amounts of stake delegations from multiple holders, this acts as proof to the network that the staker’s consensus holding the cryptocurrencies, and their staking are therefore weighted proportionally to the amount of holders has attracted.
How Does ZillaPad Staking Work?
If you own GODZ that you are eligible to stake your GODZ. In ZillaPad Staking for locking up your GODZ and participating in the DAO ecosystem to proposal or vote, stakers receive rewards in GODZ or other cryptocurrency known as staking rewards.
If you have your GODZ in one BSC wallets, you can delegate how much of your portfolio you want to put up for staking. You pick from different staking pools.
How To Make Money Staking Crypto?
When you choose a staking pool, it will tell you what it offers for staking rewards. ZillaPad will launch the GODZ staking pool at the end of Janu 2024 and will offer offers a 5%-20% annual percentage yield (APY) for GODZ staking.
Once you’ve committed to staking GODZ or other crypto, you will receive the promised return according to the schedule. The ZillaPad Staking will pay you the return in GODZ or other cryptocurrenct as rewards, which you can then hold as an investment, put up for staking, or trade for cash and other cryptocurrencies.
DAO Treasury Rewards
The holders can share the rewards from DAO Treasury Rewards include:
Fides Thunder Payment DAO Treausry
Fides Thunder Node Minting
Airdrop Compaign income
What Are The Benefits of Staking Crypto
Earn passive income. If you don’t plan on selling your cryptocurrency tokens in the immediate future, staking lets you earn passive income. Without staking, you would not have generated this income from your cryptocurrency investment.
Easy to get started. You can get started staking quickly with an BSC crypto wallet.
Support NEW crypto projects you like. “Staking has the added benefit of contributing to the security and efficiency of the blockchain projects you support. By staking some of your funds, you make the blockchain more resistant to attacks and strengthen its ability to process transactions,” says Tanim Rasul, chief operating officer and co-founder of National Digital Asset Exchange, a cryptocurrency trading platform in Canada.
Select mining type
ZillaPad provides the following two different staking types once the staking pool is launched.
Single currency pledge mining: Encourage holders to lock tokens and reduce circulating tokens; after creation, users only need to pledge one token to obtain mining income;
Dual currency market-making mining: Encourage users to make market for project tokens and improve the liquidity of tokens on the chain; after creation, users need to pledge two tokens in the liquidity pool to make market , to obtain LP, and then pledge LP in the mining pool to obtain mining rewards.
Staking list
Link your wallet.
Go to https://www.zillapad.com/staking view staking list
Share Staking
Click "Invite" in "My staking Activities" to share staking activities with community users.
Staking Introduction
Total market value: Dual-currency market-making staking will automatically calculate the USDT value of the LP pool, (only LP dual-currency mining will have a market value)
Total pledge: the total pledge amount in the current pledge staking pool.
Release cycle/total issuance: the total number of mining days and the total amount issued, if you want to calculate the amount sent per day (total days/total issuance = daily amount issued)
If the staking has not started, it will be counting down, waiting for the staking to start, that is, staking.
Invitation record: The user will display the information of the sub-agent through your invitation record and staking. and invitation reward information.
Staking
MetaMask/TrustWallet dapp opens the staking link and links the wallet
According to the pledged balance, choose to pledge all or part of the balance for staking.
If there is a pledge lock time, you need to confirm whether to pledge.
Claim Rewards
The MetaMask/TrustWallet dapp opens the staking link and links the wallet
Check the income and click to receive
Earning generation rules: Calculate the earning per second based on the amount issued each day, and get the earning ratio based on the pledge ratio. For example (10 days, 1000 GODZ tokens are issued, 1000 / 10 = 100 GODZ are issued every day, and the current pledge ratio is 100%, then the current user can obtain 100 GODZ tokens every day, 100 / 86400 seconds = Get 0.001157407407 per second)
RoadMap
20/03/2024 Staking Pool on BSC
15/04/2024 Staking Pool on Solana
More EVM compatible chain support will continute to launch in 2024 Q2
Last updated