Smart staking
In Domenation's gaming ecosystem, there are three distinct staking concepts, each offering unique benefits and mechanics:
Forced Stake: This staking process is integral to the game's progression system. It involves a mandatory waiting period for players who wish to embed perks into the skins. This 'forced stake' is activated once players have successfully paid and selected a perk to be embedded into the skin. It's a compulsory step for all players aiming to enhance their assets. The skins will only be used for play without having the perk advantages/disadvantages.
APY-Generating Stake: Players have the opportunity to engage in a classic staking mechanism, akin to traditional finance, where they can earn an Annual Percentage Yield (APY). This staking is primarily aimed at generating liquidity for the token within the game's economy. It's a way for players to invest and grow their holdings while contributing to the overall financial health of the gaming environment.
Internal Staking with Asset Locking: This unique staking option allows players to internally stake their skins or items, subjecting them to a maximum limitation. During this period of asset locking, these items have the potential to generate exclusive items, which can be converted into NFTs if the player chooses to do so. This mechanism not only enhances player engagement but also integrates the exciting aspect of NFT creation within the game's framework.
Farming: Stake $Domen to get exclusive skins or items. More info in the next part.
Overall, these staking concepts are designed to enrich the gaming experience in Domenation, offering players various ways to engage with and benefit from the game's economy, while also fostering a sense of progression and investment in their gameplay.
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