🏹Dilution Staking
This is a form of Knight NFT and TRAVA staking, aiming to reduce the impact of inflation on long-term holders in the ecosystem.
Requirements
To be able to participate in Dilution Staking, you must have the following:
TRAVA tokens to stake
Trava Knights: - Knight NFTs V2 - Limited Knight
Note!! Knights V1 will not be accepted, so please Trade-up them or buy Armoury Chests V2 and assemble your Knights.
Mechanism
Knight Rarities
Each Knight of a rarity has a different power rating, and maximum amount TRAVA to join a Limited Knight Battlefield.
Knight | Power rating | Max lock on limited (TRAVA) | Fee (TRAVA) |
Copper | 1.6 | 10,000 | 500 |
Silver | 4.4 | 500,000 | 1,320 |
Gold | 12 | 1,000,000 | 3,600 |
Diamond | 28.88 | 5,000,000 | 8,667 |
Crystal | 280 | Unlimited | 84,000 |
Army sizes
Each army size requires a minimum power rate and Knights of specific rarities, allowing a different maximum amount of TRAVA staked.
Army | Power rating | Maximum stake |
Squad | 15 | 100,000 |
Platoon | 75 | 1,000,000 |
Company | 350 | Unlimited |
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.
Lock time
The longer the lock time, the higher the dilution percentage will be.
Time Lock | Dilution |
6 Months | 15.9% |
1 Year | 38% |
1.5 Year | 68.5% |
2 Years | 100% |
Retention rate
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%.
Actions
Users can only deposit the first time.
During the locking period, users can extend the lock time for the NFTs.
Utilities
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.
Proof of stake can be sold on Trava Marketplace.
Last updated
