Rejuve.AI Dynamic Staking Now Available : Empowering the Community with Better Choices
SingularityDAO is thrilled to announce the launch of Rejuve.AI Dynamic Staking, which brings unparalleled benefits to the community. Building on the success of similar models in ASI and SDAO, this new staking mechanism replaces the current unbonded staking pools on both Ethereum (ETH) and Binance Smart Chain (BSC), offering participants enhanced flexibility and rewards tailored to their commitment.
Dynamic Staking Benefits
Dynamic Staking introduces a host of benefits for both short-term and long-term participants. Community members can now select lock-up periods of up to 730 days (2 years), with longer commitments yielding higher rewards.This structure empowers participants to align their staking strategy with personal preferences and goals. The dynamic, tiered system incorporates APY, which adjusts based on participation and lock-up duration, ensuring flexibility for all users.
The new system not only rewards individual participants but also strengthens the Rejuve.AI ecosystem. By locking RJV tokens, community members help reduce the circulating supply, potentially stabilising or even increasing the token’s value. This mechanism fosters a healthier token economy and aligns incentives with the long-term success of the project. Additionally, locked tokens contribute to greater market stability by reducing the likelihood of impulsive trading during periods of market fluctuation.
Transition to Dynamic Staking
Dynamic Staking simplifies participation for users by transitioning staking from the unbonded model to a dynamic structure, while also maintaining farming options for liquidity providers. This updated approach ensures both staking and farming remain integral parts of the ecosystem, offering broader accessibility and encouraging participation across different user preferences.
As part of this transition, the current unbonded staking pools for RJV on ETH and BSC will be phased out. While members can withdraw their tokens and harvest rewards, new deposits into these pools will no longer be accepted. However, farming pools involving RJV/ETH LP tokens will remain active, with their timelines extended by an additional 90 days to support liquidity providers.
The new Dynamic Staking pools will introduce flexible options for participants to lock their tokens for durations of their choice, with rewards increasing proportionally to the lock-up period. This evolution in staking offers users the opportunity to shape their financial strategies while contributing to the long-term stability and growth of the Rejuve.AI ecosystem.
Dynamic Staking will be available on both Ethereum (ETH) and Binance Smart Chain (BSC), ensuring participation across both networks.