Tips

• Stake Tokens and reap your rewards
• Staking for a More Sustainable DAC Growth
• Looking for the easiest way to maximize your benefits? Here is How!

UTU.ONE’s SocialFi Staking function has just been released. To maintain a more sustainable environment for long-term DAC growth, UTU.ONE encourages everyone to stake tokens to secure your assets and reap the benefits.

What is SocialFi Staking?

SocialFi Staking is the process of depositing a DAC token into a smart contract on a network to be eligible for token rewards and dividends. At UTU.ONE, the amount of staked tokens also determines your voting weights in joined DACs. Staking creates more chances for users to participate in consensus and governance of the DAC.

Users with staked tokens will be recognized as DAC members. A staking pool is contributed by DAC members who combine their staking power to increase their chances to receive deliverable rewards. One of the easiest and most prominent ways to earn and maintain a passive income is by staking tokens.

The release of the SocialFi Staking function can be seen as a breaking moment to pull down the entry barriers to the blockchain ecosystem practically.

Stake Tokens

1. Enter MY WALLET from your Profile. You can find the current staked balance of each token with the yellow mark. Click STAKE to proceed.

1. Select the token you’d like to stake and enter the amount. To select a token, click the arrow.