πVillage
Last updated
Last updated
At the heart of the SHINOBI ecosystem lies The Village, a dynamic and community-driven initiative aimed at fostering long-term engagement and sustainability. The Village represents a decentralized enclave where participants are incentivized to lock their tokens for predetermined durations, forging a strong foundation of stability and growth within the ecosystem.
Token Locking Mechanism:
Participants in The Village have the opportunity to lock their SHINOBI tokens for varying durations, ranging from 30 days to 180 days. Investors can select any duration within this specified timeframe, such as 32 days or 56 days. This innovative token locking mechanism not only encourages commitment and loyalty but also bolsters the overall security and resilience of the SHINOBI ecosystem.
Single Asset Staking in The Village:
Within The Village, participants have the opportunity to engage in single asset staking, a mechanism designed to incentivize long-term commitment and foster stability within the SHINOBI ecosystem. This innovative approach introduces a dynamic synergy between token holders and liquidity providers, unlocking new avenues for value creation and community-driven growth.
What it Means for The Village:
Single asset staking in The Village offers participants the ability to stake their SHINOBI tokens and earn rewards denominated in SHINOBI/SHIDO liquidity pool tokens. By staking their assets in this manner, participants contribute to the liquidity and stability of the SHINOBI/SHIDO trading pair, thereby enhancing market depth and reducing price volatility.
Duration-Based Rewards:
In line with our commitment to rewarding long-term engagement, participants in The Village stand to earn attractive Annual Percentage Rates (APRs) based on the duration of their token lock. The longer the duration chosen, the higher the APR, incentivizing users to commit to extended locking periods and contribute to the stability and liquidity of the ecosystem.
NFT Rewards and Partnerships:
As an additional incentive for participants, The Village offers the opportunity to win exclusive NFTs from partner projects within the SHINOBI ecosystem. These NFTs, including SCC DAO NFTs, ALGOBULL NFTs which are designed to unlock unique benefits and privileges for their holders, further enhancing the value proposition of participation in The Village.
Community Governance and Collaboration:
In addition to its role as a rewarding mechanism, The Village serves as a hub for community governance and collaboration. Participants have the opportunity to contribute ideas, propose initiatives, and shape the future direction of the SHINOBI ecosystem through transparent and democratic decision-making processes.