💴︱Staking

Overview

The PlayLand dynamic staking model offers a sustainable avenue for passive income generation through involvement in the PLAYLAND casino. It is designed to benefit token holders by distributing profits directly in stablecoins, ensuring stability and reducing exposure to volatile market fluctuations.

Key Features of Staking

Profit Sharing from PLAYLAND Casino:

• Token holders who stake their PLAY tokens will receive a share of the profits generated by the PLAYLAND casino. These profits are paid out in stablecoins, providing a reliable and consistent return on investment.

Re-staking on GAME NFTs for Double Rewards:

• Beyond basic staking, PLAY token holders can choose to re-stake their tokens on specific GAME NFTs. This advanced strategy enhances earning potential by enabling double rewards. The rewards from re-staking are paid in the token type that the specific game supports, aligning incentives between game owners and token stakers.

Long-Term Benefits through Burning Mechanism and Betting Pool:

• Stakers committed to the long-term vision of Playland will benefit from a burning mechanism and access to a betting pool. These features are designed to gradually reduce the total supply of PLAY tokens, inherently boosting their value over time and creating a deflationary effect.

• The betting pool serves as an additional layer of engagement and potential profit for stakers, further enhancing the token's utility and appeal.

Advantages of Staking in Playland

• Passive Income: Staking PLAY tokens grants a passive income stream, allowing token holders to earn from the casino's operations without active involvement.

• Increased Token Value: Through strategic burning and supply control mechanisms, the value of PLAY tokens is expected to increase, benefiting long-term holders and stakers.

• Enhanced Engagement: Re-staking options on GAME NFTs create a deeper engagement with the platform's gaming content, fostering a closer connection between the stakers, developers, and the gaming community.

How to Get Started with Staking

To begin staking in the Playland project:

1. Acquire PLAY Tokens: Purchase PLAY tokens through approved exchanges or during token sales.

2. Participate in Staking: Follow the guidelines on the Playland platform to stake your PLAY tokens and start earning stablecoin dividends.

3. Opt for Re-staking: Explore re-staking opportunities on GAME NFTs to maximize your rewards and align with specific games that interest you.