Post by @stani • Hey
Anyone tried the staking mechanism on Phaver?
Comments
- What does the staking mechanism do in the app?
- yeah am staking daily
- The staking mechanism makes sense with their future token plans. They have an interesting system to balance the supply and demand of the utility token by how many tokens are given out per stake. Full details are yet to be released (wen whitepaper? @phaverapp.lens 😩), but will be available soon. The only issue I have is the SBT though, people who aren't active online outside of Lens, probably won't be able to get verified as a human and not a bot, which includes me, and that sucks cuz I was in phaver early, became a contributor and helped the platform with my activity. Though, I understand that there won't be a perfect system and some people will left out. Maybe the team has an idea to solve that issue though, but I can't imagine one myself.
- okya staking now
- Yes, and it's an interesting way to curate content without mirroring, comment or like a post.
And since you only get 5 tokens a day you need to be very careful on where your stake it
- yes i use it daily
- yes i tried
- Yes, nice try
- I use it every day
- I use it every day
- tried it but dont really get it...
- Oh~ I haven't yet~
- hmm
- Ya I stake on random nice posts hehe