Staking to Mine Launchpad Tokens

This feature is specifically designed for $SBB token holders to stake their tokens and earn tokens from IDO projects launched on our platform. This mechanism complements our existing staking system, offering an alternative avenue for our community members to engage with and benefit from the growth of our ecosystem.

Holders of $SBB tokens can opt to stake their tokens in a special pool that is distinct from our primary staking system. This pool is exclusively for earning rewards in the form of tokens from IDO projects.

A set portion of tokens from each IDO project on SOULBOUND will be allocated to this staking pool. The allocation rate and the selection of projects will be by the strategic objectives of the SOULBOUND ecosystem.

The distribution of rewards from IDO projects to stakes will be based on the amount of $SBB they have staked, ensuring a fair and incentive-aligned system.

This staking mechanism offers $SBB holders the chance to expand their investment horizons by gaining exposure to a diverse range of new and innovative projects in the crypto space.