Token Utility
- 1.Staking
- Liquidity Mining Program on Dfyn Network
- Users can stake currently stake their $MATRIX tokens in 3 different pools on Dfyn.
- To participate in the Single Asset Pool, users will have to stake $MATRIX to get $MATRIX rewards.
- For every token locked, you will get 0.3 $MATRIX tokens. Basically, for every $MATRIX token you stake, you’ll receive 0.3 $MATRIX as a reward in 6 months.
- This pool will start on October 14th, 2021.
- This pool will end in April 2022.
- 60% APR
- The pool staked and rewards accrued can be claimed linearly over the period of 6 months.
- Ecosystem Pool #1 — $MATRIX / $ETH (Renewed)
- This pool features the $MATRIX / $ETH pair.
- Rewards for this pool will be $MATRIX tokens.
- 10000 $MATRIX tokens per day will be given out as rewards
Ecosystem Pool #2 — $MATRIX / $DFYN (Renewed)- This pool features the $MATRIX / $DFYN pair.
- Rewards for this pool will be $DFYN tokens.
- 1750 $DFYN tokens per day will be given out as rewards with a total amount of 52,500 $DFYN for the duration of the pool. (The rewards for this pool has changed)
- 2.Discount Fees
- Currently, $MATRIX holders will receive a discount fee for trades made on Matrixswap.
- 3.Single-Sided Staking
- MATRIX tokens will also be available to stake within our own platform allowing users to earn more tokens with an APR of 60% + rewards generated from trading
- Stakers on our platform will also receive certain benefits such as trading discounts, exclusive access to future events, and more.
Last modified 9mo ago