Staking
At DEXTPad, we’ve crafted a unique tier and staking system designed to cater to all types of investors, from those just starting out to seasoned veterans. This blog will guide you through the specifics of our tier system, explain how staking works within DEXTPad and access to DFV (DEXT Force Ventures).
The DEXTPad Tier System
The DEXTPad tier system is designed to be fair and accessible, allowing participants at every level to benefit from our platform. Here’s a breakdown of the tier structure:
Degen: Just starting out? The Degen tier is your gateway to the Web3 jungle. With a minimum of 500 staking points and a 1x pool weight/allocation multiplier, this tier is ideal for those dipping their toes into DeFi. Benefits include social interaction, refund eligibility, access to the FCFS (First Come, First Serve) round, and the ability to vote in DAO proposals.
Ape: Got a bit more commitment? The Ape tier is where you start to make your mark. With 1,000 staking points and a 4x pool weight/allocation multiplier, this tier comes with guaranteed round access and enhanced participation rights, along with all the perks of the Degen tier.
Whale: Ready to make serious moves? The Whale tier, requiring 5,000 staking points, offers a 10x pool weight/allocation multiplier. This level unlocks crowdfunding access, private pools, and incubation airdrops, making it the perfect choice for investors looking to stand out in the DEXTPad ecosystem.
Chad: The apex of the investment ladder. Reserved for those with 25,000 staking points, the Chad tier boasts a massive 40x pool weight/allocation multiplier. As a Chad, you gain access to the full suite of DEXTPad’s benefits, giving you the ultimate edge in the Web3 investment space.
DFV (DEXT Force Ventures): Stake 100K $DEXT tokens and unlock exclusive access to early-stage investments curated by DEXT Force Ventures. Opportunities that go beyond the reach of DEXTPad itself. This tier connects you directly to groundbreaking projects at their inception, providing an unmatched chance to get in early & a private telegram community with the top investors.
Stealth: For the bold and ambitious. Reserved for participants staking 300K $DEXT tokens. Stealth tier offers entry to the most exclusive early-stage investments in the Web3 space. Projects so cutting-edge they’re not accessible through the main DEXTPad platform. This is your ticket to the best deals in the ecosystem, reserved for those ready to lead in the investment frontier.
How Staking Works in DEXTPad
Staking is a critical part of participating in DEXTPad’s tier system. Here’s how it works:
Staking Points: When you stake tokens on DEXTPad, you earn staking points. These points determine your tier within the system. The more tokens you stake, the more points you accumulate, and the higher the tier you can achieve.
Cross-Platform Integration: Specifically, if you stake on ChainGPT Pools, 12.5% of your staking points will be reflected on DEXTPad.
Incentive Structure: The DEXTPad staking system is designed to incentivize long-term participation. The longer you stake your tokens, the higher the multiplier applied to your staking points, meaning that consistent, long-term staking will help you climb the tiers more rapidly.
No APY, Just Rewards: Unlike traditional staking platforms that offer an Annual Percentage Yield (APY) in the form of passive income, DEXTPad focuses on direct participation rewards. By staking, you gain access to IDOs and other exclusive opportunities that are directly tied to your tier level.
Benefits for $DEXT Stakers
$DEXT stakers are at the heart of the DEXTools ecosystem, and their commitment is rewarded with several exclusive benefits. By staking $DEXT, participants not only earn staking points that determine their tier within the DEXTPad platform but also enjoy enhanced access to IDOs, priority in project allocations, and more.
Maximizing Your Participation
To get the most out of DEXTPad’s tier and staking system, consider the following strategies:
Start Early: Begin staking as soon as possible to accumulate staking points and climb the tiers. Early participants will have the advantage of accessing initial IDOs and securing allocations before others.
Stake Consistently: Consistent staking over time will allow you to benefit from the multiplier effect, helping you ascend to higher tiers more quickly.
Conclusion
The DEXTPad tier and staking system is designed to be inclusive and rewarding, offering opportunities for everyone from beginners to experienced investors. By participating in our staking system and engaging with the tier structure, you can unlock exclusive benefits and maximize your returns.
Join the DEXTPad community today, start staking, and take your first step toward investing in high-potential Web3 projects!
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