3.1 Solution 1

Staking

Non-custodial staking mechanisms

The non-custodial staking mechanism is a unique and innovative solution designed to be integrated into various projects on the Polygon blockchain. This mechanism will be developed and maintained within our project's infrastructure, offering a secure and user-friendly staking experience for users. Our goal is to provide this advanced staking mechanism as a service to other projects within the Polygon ecosystem, enabling them to leverage its potential and enhance their offerings.

The revenue generated from the sale of this non-custodial staking service will be distributed strategically to ensure the long-term sustainability and growth of our project. The revenue distribution will be divided into two primary components:

  1. Monkey Ecosystem Development Fund (40% of generated revenue): This fund will be allocated to the continuous improvement, expansion, and development of our project's ecosystem. The primary objective is to ensure that our platform remains at the forefront of innovation within the blockchain industry. This includes but is not limited to, the development of new features, tools, and services, as well as the improvement of existing offerings. By reinvesting a portion of our revenue into the growth of our ecosystem, we aim to provide users with an unparalleled experience that drives long-term value and success.

  2. Revenue Distribution to Holders (60% of generated revenue): In order to incentivize user engagement and foster a strong, committed community, we will allocate 60% of the revenue generated from the sale of our non-custodial staking service directly to Monkey NFT holders. This revenue will be distributed in the form of direct airdrops done to the holders wallets. By sharing the success of our platform with our users, we aim to create a mutually beneficial environment that rewards loyalty and supports the long-term growth of our project.

In summary, our non-custodial staking mechanism is designed to serve as a valuable resource for projects within the Polygon ecosystem. The revenue generated from its sale will be strategically reinvested in our project's development and distributed to token holders, creating a sustainable and thriving ecosystem that benefits all stakeholders.

Last updated