Club (Staking Service)
Last updated
Last updated
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Staked FAND can be withdrawn from the club (unstaked) at the user's discretion.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
