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This is a form of Knight NFT and TRAVA staking, aiming to reduce the impact of inflation on long-term holders in the ecosystem.
To be able to participate in Dilution Staking, you must have the following:
Each Knight of a rarity has a different power rating, and maximum amount TRAVA to join a Limited Knight Battlefield.
- Each army size requires a minimum power rate and Knights of specific rarities, allowing a different maximum amount of TRAVA staked.
- For example with Medium Battlefield, a Platoon requires minimum Power Rating of 75, and Knight rarities of Copper, Silver, Gold and Diamond. The maximum amount of TRAVA can be staked is 1,000,000 TRAVA.
The longer the lock time, the higher the dilution percentage will be.
It will be calculated according to the ratio of TRAVA deposit to the amount of TRAVA circulating in the market. So when you deposit your TRAVA, all stakes will be snapshotted, ensuring your benefits are fixed at the moment of entry.
For example, if a user deposits 1 million TRAVA and the total amount of TRAVA in circulation at the moment is 1 billion, then the retention rate will be 0.1%.
- Users can only deposit the first time.
- During the locking period, users can extend the lock time for the NFTs.
- Protect long-term holders in the community against inflation, by lowering the risks when the price of TRAVA decreases.
- Stake rights can be exchanged like NFTs.