📝Staking Overview
ETFSwap provides a reward-based environment for ETFS holders, with even greater incentives for those who want to invest their tokens. A portion of the platform's daily revenues will be used to purchase ETFS on the open market via a decentralized exchange (DEX). The acquired ETFS will be allocated in two ways: 25% will be burned, bringing a deflationary mechanism to ETFS, and the remaining 75% will contribute to the distribution of rewards to holders who have staked their ETFS tokens.
Staking has been a common approach for promoting long-term holding and active participation in a cryptocurrency ecosystem.
In the instance of ETFSwap, staking ETFS not only improves token stability and fosters community loyalty, but it also allows stakeholders to receive passive payments, magnifying the benefits of being a part of the ecosystem.
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