DxStake 1.5 Airdrop registration opens tomorrow
Understanding of the DxStake 1.5 features and limitations
DxSale Meme Token Frenzy
DxSale standard and defi launchpad is seeing a burst of colorful meme tokens as well as few utility tokens. The cryptocurrency DeFi community has banded together to raise capital for their tokens over the last 1.5 weeks. We have even seen tokens launched on DxSale that went above 200 million dollar marketcap!
Feature of DxStake 1.5
As part of our original whitepaper, the goal of DxStake was to be an infinite yield staking system. Infinite because it will grow in yield as more features are enabled on the launchpad.
DxStake 1.0 was focused on building a simple stake/unstake method to reward users from the fees associated to entering and exiting. The purpose was to provide instant value as soon as possible and providing initial utility of the SALE token.
Enter DxStake 1.5
Currently, DxStake 1.5 is not a complete product and has limitations that will be addressed on DxStake 2.0. The purpose of DxStake 1.5 aims to bring on providing value back to SALE stakers who have supported the project as soon as possible rather than later.
Limitation — Initial revenue Airdrop & future Airdrops
In the best interest of time, this is the current process of DxStake with the limitations we currently have. We have been receiving revenue which we are using to buy SALE tokens and storing them for the SALE stakers. This revenue is referred to as the “Initial Revenue Airdrop”. Currently, there are two set of SALE stakers — The older ones who were here before the BSC Mania and the recent ones. So based on which category you land on, you will be given SALE based on your stake allocations. This is only for the initial revenue airdrop, future airdrops will treat anyone who registered for the prior airdrop as an early staker. Telegram Chat to ask questions
- All Stakers must Register to be eligible for the initial revenue airdrop on DxStake app
- You will only need to register once to bootstrap this process with your wallet address. However, if your stake changes in the future, you will need to re-register to update the airdrop mapping. If you stake more, and fail to register the updated stake amount, you will still receive airdrops but only for your original registration amount. When you re-register, you will also claim your previous airdrops.
- Future revenue airdrops will not require a registration (unless your staking amount has changed). There is a time window (1 week) that we need to have for registration of initial airdrop. Anyone who doesn’t register within a week, will lose out on the pool of the first initial revenue airdrop.