Club (Staking Service)

Joining the Club (Staking):

  • Users have the opportunity to join the club (staking) of their desired fandom

  • Members of a fandom can become part of the club by sending their FAND tokens to the staking wallet

  • The entire process operates in a decentralized manner, with the staked FAND stored securely by a smart contract

  • Staked FAND can be withdrawn from the club (unstaked) at the user's discretion.

  • Members who join the club receive FAO corresponding to the accumulated amount of FAND in the club

  • Users who hold the highest shares within the leaderboard of an artist's fandom will be honored and celebrated

Opting Out of the Club (Unstaking):

  • Users have the option to opt out of the club by unstaking their tokens

  • The withdrawal process varies for each club

Future Plans:

  • In the pipeline are enhancements to the rights and rewards offered to club members, aimed at providing even greater incentives for participation

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