Staking
CryptoCasino offers a bountiful reward system for holders staking $CASINO tokens.
Overview
As our project is designed for long-term sustainability, we have developed a staking rewards program that encourages $CASINO community members to hold the token for extended periods of time.
These staking rewards promote a stable token price as the project matures, while creating another way for holders to increase their $CASINO holdings.
Why Stake $CASINO Tokens?
1. Rewards
Staking $CASINO tokens entitles the holder to regular rewards based on the number of tokens staked and the duration of the period. By staking the token, you will earn additional $CASINO tokens on a 30-day or 90-day basis.
2.Price Stability
The more $CASINO holders that stake their tokens, the less tokens there are in circulation at any given moment. By locking tokens up in staking, holders do not only earn regular rewards in the form of $CASINO tokens, they also stabilize the price of the token by reducing the supply.
3. VIP Incentives
Those who stake their $CASINO tokens will receive exclusive VIP incentives that range from higher VIP tiers to enhanced bonus offers to special promotions. Staking $CASINO doesn’t just offer you token rewards, it also offers you betting rewards!
How $CASINO Staking Works
Staking requires holders to lock their $CASINO tokens into pools within the CryptoCasino platform for a predetermined period of time.
In exchange for staking tokens, the holders will be rewarded with additional $CASINO tokens based on the number of tokens they have staked and the period they have been staked for.
There will be two distinct sets of token staking periods:
- 30-Day $CASINO Staking
- 90-Day $CASINO Staking
Rewards earned during this period can be claimed at any time. Once claimed, you have the flexibility to use them in the casino, keep them in your wallet, or restake them to further grow your holdings through compounding.
Distribution of Staking Rewards
The rewards that each staker receives will be directly based on the number of tokens and the period they have been staked for. You will be able to see the number of $CASINO rewards generated in the dashboard before you lock in your tokens.
Once the staking period is complete, you can claim your rewards by entering the staking dashboard on the CryptoCasino site. Once your tokens are claimed, they can be:
- Added to your CryptoCasino balance
- Withdrawn to your connected wallet
- Restaked to earn more token rewards
Staking Security
We understand that token security is paramount to our holders. That is why CryptoCasino’s staking solution includes a partnership with Decubate, one of the leaders in web3 staking solutions that are fully audited, secure, and have assisted hundreds of projects.
Smart Contract Integrity
The staking process will be managed by smart contracts, providing full transparency and safeguarding against any malicious actions.
Regular Audits
The staking contracts will undergo frequent internal and third-party audits to maintain their security and uphold the platform’s integrity.
Guaranteed Withdrawal
Although tokens are locked during the staking period, stakers can trust that they will receive their original stake along with earned rewards at the conclusion of the term.