phaver

🦄 Phaver introduces Social Staking

With the $SOCIAL token launch in September, Phaver is ready to introduce a completely new model that offers the fun of daily speculation and supporting your favorite creators, combined with simple staking mechanics.
Steps include;
📌 Lock your $SOCIAL in a staking pool for at least 30 days and receive a regular daily yield.
📌 Assign your tokens on your favorite profiles across Phaver, Lens, and Farcaster, or stake your own profile.

📌 Every day a pool of token rewards is distributed among stakers and staked users.

The distribution mechanism gives every profile a dynamic daily yield that increases with more Phaves received and decreases when more tokens are staked on the same profile. 
This differs notably from earlier projects where a volatile model can enable quick wins, but at the expense of most users who end up being exit liquidity to sniper bots and insiders. 
💫The staking pools will open before the end of the Phairdrop S2 with additional incentives t…

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