Funds Fund 7 F7: Boosting Cardano's DeFi Proposals Cardando Long Staking Rewards
not approved
Cardando Long Staking Rewards
Current Project Status
unfunded
Total
amount
Received
$0
Total
amount
Requested
$60,000
Total
Percentage
Received
0.00%
Solution

Development of a term staking/smart contract protocol allowing users to gain more rewards for a dedicated time/day/month/year stake or pool.

Problem

Stake pools- smart contracts provide small APY average 1-5% APY. How can we provide incentives for term staking- smart contacts?

Addresses Challenge
Feasibility
Auditability

Team

1 member

johntmeuser1 bio pic

Detailed Plan

6 month stake/ smart contract- 6%, 1 year stake smart contract - 8% and so on. We need to re create long term staking and or pooling that re engages individual to find this new way of replacing the traditional savings and banking system. Cardano has all the potential to do just this.

Community Reviews (1)

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Playlist

  • EP2: epoch_length

    Authored by: Darlington Kofa

    d. 3 se. 24
    Darlington Kofa

  • EP1: 'd' parameter

    Authored by: Darlington Kofa

    d. 4 se. 3
    Darlington Kofa

  • EP3: key_deposit

    Authored by: Darlington Kofa

    d. 3 se. 48
    Darlington Kofa

  • EP4: epoch_no

    Authored by: Darlington Kofa

    d. 2 se. 16
    Darlington Kofa

  • EP5: max_block_size

    Authored by: Darlington Kofa

    d. 3 se. 14
    Darlington Kofa

  • EP6: pool_deposit

    Authored by: Darlington Kofa

    d. 3 se. 19
    Darlington Kofa

  • EP7: max_tx_size

    Authored by: Darlington Kofa

    d. 4 se. 59
    Darlington Kofa
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