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  • introduction
    • CreDA Protocol Whitepaper
      • 1.2 Background
      • 1.3 Mission
      • 2. Function module
      • 2.2 Credit Module
        • 2.2.1 DID
        • 2.2.2 How Credit Ratings are Computed
        • 2.2.3 Connecting On-chain and Off-chain Data
      • 2.3 Credit NFT
        • 2.3.1 Features of Credit NFTs
      • 2.4 Credit Contract
      • 3. Tokenomics
        • 3.2 Economic model
        • 3.3 Roles
        • 3.4 Repurchase
        • 3.5 Staking
        • 3.6 Unlock
        • 3.7 Treasury
        • 3.8 Development Committee
        • 3.9 Allocation
      • 4. Mining
      • 5. Governance
      • 6. Milestones
      • Disclaimer
  • Elastos guides
    • Elastos Guide
    • What is ELA?
    • Where can I buy ELA?
    • Wallet selection
    • Essentials wallet setup
    • Metamask wallet setup
    • Contract addresses on ESC
    • Main > Side Chain tutorial
    • CreDA bridge tutorial
    • Tutorial CreDA dApp on ESC
    • cNFT mint levels and upgrades
  • Arbitrum Guides
    • Arbitrum Guide
    • Wallet selection
    • Arbitrum Bridge tutorial
    • Step by step guide
    • CreDA contract addresses
  • Getting started
    • Credit network
    • Credit account
    • CreDA leveraged farming
    • How & Why to mint cNFT
    • cNFT mint levels and upgrades
    • cNFT benefits for user
    • Invitation from Credit Network
    • Migration CP pools > C pools
    • FAQ
    • DeFi Glossary
    • Disclaimer
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  1. introduction
  2. CreDA Protocol Whitepaper
  3. 3. Tokenomics

3.5 Staking

CREDA holders will be able to participate in community proposal management and obtain transaction discounts and other benefits by staking CREDA tokens. Additionally, after each token repurchase by the Treasury, users will get proportional staking rewards.

Rewards from the CreDA protocol Treasury are distributed according to the following formula:

CreDA Staking Rewards = Repurchased CREDA∗50%

The initial default ratio is 50%. For each repurchased CREDA token, 0.5 CREDA will be distributed to CREDA stakers. This ratio can be adjusted through a DAO proposal and voting.

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Last updated 3 years ago