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Ryan J. Shaw
@rjs
Summary: - DEGEN deposited into the staking contract produces LDEGEN tokens in a 1:1 ratio - LDEGEN is non-transferable and non-delegatable i.e. purely for accounting purposes - minimum deposit amount is 10k (can be changed by Degen team) - lock duration 90 days (can be changed by Degen team, max. of 365 days) - deposit can be topped up but it will reset the lock duration for preceding deposits to the full duration - partial withdrawals are allowed
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baubergo
@baubergo-
- Is there any update on the policy regarding having two verified wallets? I'm worried because my entire stash is on a ledger wallet (verified on Warpcast), and I have a second wallet verified here that I use daily for minting and other activities. Both are attached to my FID, but I'm concerned they might change this. - Is there any information about APR or different incentives for staking longer?
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Ryan J. Shaw
@rjs
I've not seen anything addressing either of your questions -- just a request for a community review of the staking contract; the other stuff will be built on top of this contract
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Fibo / Scryptoguy
@fibo112358.eth
>Is there any information about APR or different incentives for staking longer? It's already a few days ago, but Jacek said there's no planned incentive other than more tip allowance.
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