đ¨âđģDevelopers Long-Term Incentive
Last updated
Last updated
Developers participating in the staking program receive superior interest rates compared to other participants. The interest, paid in $PLY tokens, incentivizes long-term holding and deeper integration into the Playtoo ecosystem.
Developer Staking Pools: Playtoo introduces exclusive staking pools for developers, offering higher staking interest rates compared to general user pools. The enhanced staking model is structured as follows:
Initial Staking: Developers receive a base Annual Percentage Yield (APY) of 15% upon staking their tokens.
3-Month Milestone: Post three months of continuous staking, developers enjoy an additional 2% APY boost, elevating their total to 17%.
6-Month Milestone: At six months, the commitment is further rewarded with an additional 3% boost, bringing the APY to 20%.
9-Month Milestone and Beyond: Every additional three-month period contributes an extra 2% APY boost, capping at a maximum of 30% for those who stake for a year or longer.
Equity or Token Grants: Playtoo offers developers equity in the form of locked token grants for a period (e.g., 1-2 years). This aligns developer incentives with the platform's long-term objectives, fostering deeper engagement and commitment.
Developer Dividends: Beyond revenue sharing, developers participating in staking could receive periodic dividends based on the overall profits of the Playtoo platform. This serves as an additional revenue stream, acknowledging their contribution to the ecosystem.
These strategic enhancements to the staking model for developers are designed to bolster their financial gains while promoting sustained growth and innovation within the Playtoo platform. By incentivizing long-term commitment and rewarding developers for their contributions, Playtoo reinforces its position as a leader in the Web3 gaming landscape, nurturing a prosperous and interactive community
