1️⃣Introduction
Stake Flow is a defi protocol fit for multichain use that provides staking as a service for all projects. Simply put- STAKE FLOW gives memecoins or utility tokens alike the opportunity to give their holders passive income with sustainable APRs in exchange for holders staking their tokens. This doesn't just benefit individual holders but the project as a whole- when staking pools are available and token holders are incentivized to stake that translates to less tokens on the open market, potentially decreasing the supply while project leaders or founders work to increase the demand and buyer-side of their token!
STAKE FLOW customers only need to fill out our form and -provide the necessary information and logo for their token -provide necessary information for the token they want to give as rewards to stakers -select the lock time period of their liking (or no lock time) -select the length of time they want their pool to operate -provide the rewards they want given out to their token's stakers -pay the service fee to STAKE FLOW -STAKE FLOW automatically deploys the staking contract and adds the pool so it's visible on the front-end our dApp. The APR is sustainable because the party that initiates the staking pool provides the reward token amount in advance. STAKE FLOW's code handles the reward distribution, titration of the APR as new users stake, and all other caveats thanks to our algorithms! As more users join STAKE FLOW, it also acts as an exposure platform: when a user interacts with our dApp to stake their tokens, they will be exposed to other projects with staking pools- providing additional awareness and potentially gaining new investors.
Initially the dApp will be available for tokens on BNB Chain before expanding to Ethereum and Solana! All BEP-20 standard token founders or project leaders- even holders- will be able to automatically deploy a staking pool for their tokens. Stake Flow's service is not solely limited to the original founder of the token, as 'community takeovers' are a norm. Community Take Over leaders are as capable to open staking pools with STAKE FLOW as founders!
There are some basic requirements that are in place that exist with any staking pool application. If the token has 'max wallet limits', 'max transaction limits', a buy/sell or transfer tax, these are all cases that would require attention in order to have a staking pool on STAKE FLOW- however, it is still possible to use STAKE FLOW with these variable in place. This will be expanded on later in these documents!
Please continue to read to further understand our aim, vision and purpose. Note: These documents are constantly being updated, adjusted and improved. There will be no 'final' version as we plan to continue to grow and give additional benefits to the project. Please check back regularly, or join our social communities to get involved- community feedback is important.
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