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.
Classic Staking began on February 2nd and ended on May 4th, 2022. New stakes were automatically disabled by the smart contracts on April 27th, 2022 as previously scheduled.
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.
Last modified 1yr ago