Phase 1: Classic Staking
Staking on Phase 1.
Panther launched a $ZKP Governance Staking program right after TGE. This allowed holders of $ZKP to stake and grow their $ZKP holdings. Rewards came from a 6.65 million $ZKP pool as decided by LaunchDAO. Each user earned a proportion of the new rewards added to the Rewards Pool ongoingly, divided based on their pool share.
Staking $ZKP also enables stakers to participate in Panther’s governance and vote on proposals. Staking was available to all holders of unlocked tokens, i.e. buyers with a percentage or all of their tokens unlocked at TGE.
Classic Staking is to be followed by Advanced Staking, a key step in building Panther's core infrastructure.