Staking
Staking $Shogun is done through Creator Bid
Membership in Shogun DAO is token-gated, requiring participants to stake $SHOGUN tokens. Staking unlocks access to the DAO and aligns incentives, as royalties and rewards are distributed based on the proportion of tokens staked.
Staking Mechanics
Staking Process:
Users stake their $SHOGUN tokens via the Creator Bid platform.
Staked tokens are locked for the duration of the staking period, ensuring commitment.
Royalties and Incentives Distribution:
Rewards are distributed proportionally based on the number of tokens staked relative to the total supply staked.
Example: Incentive Calculation
If the administered reward pool totals $15,000 and 10% of the total token supply is staked:
Assume the total token supply is 21,000,000 $SHOGUN.
10% staked = 2,100,000 $SHOGUN tokens.
For a user staking 210,000 $SHOGUN tokens (10% of the staked total):
Their share of rewards = (210,000 / 2,100,000) * $15,000 = $1,500.
This mechanism incentivizes greater staking, aligning individual interests with the DAO's success.
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