DAB STAKING REWARDS START SOON! - Let the games begin!
First DAB staking rewards go out in around 12 hour time!
What is @dailydab?
Introducing DailyDab, a vibrant income token that rewards DAB holders with a daily HIVE drip. We prioritize fairness, providing equal opportunities without token presales or pre-mining. Token distribution starts with DBONDS.
All token sale proceeds empower the @dailydab wallet, fostering community ownership. Our collective HIVE POWER fuels growth, supporting ecosystem expansion and the daily DAB HIVE drip pool. As the community flourishes, investor HIVE drips increase, ensuring sustainability.
We aim to build a thriving 100% HIVE ecosystem with Daily DAB at its core, offering a daily HIVE drip to the community. The collaboration between @silverstackeruk & @raymondspeaks benefits individuals and interconnected ecosystems, fostering unity and growth.
Join us for a sustainable HIVE income, shaping our community's future. Together, we thrive.
Now 2 ways to yield from DAB tokens
1/ HIVE Income
Hold DAB tokens liquid - Receive daily HIVE drip
2/ Compounding
Stake DAB tokens - Receive daily DBOND drip
Both are equal to the same value in HIVE
DAB and dbond are both 1 transaction, 1 day unstaking
Let the games begin!
DAB rewards are worked out on a weekly basis (Sun-Sat) and distributed in equal amopunts daily for the next 7 days.
Using an example of something that has already happened.
If you have not staked your DAB tokens, you will be able to see in your HIVE wallet that the last HIVE payment you received from @dab-treasury has increased. This is a result of some people staking their DAB tokens and the reward pool being split between fewer liquid DAB tokens.
Simple enough to understand?
Each Sunday, both daily HIVE and DBOND drips are set up for the following 7 days. To give an example,
- 500 DAB are in circulation
- 400 (80%) DAB are liquid
- 100 (20%) DAB are staked
- Weekly Reward pool - 100 HIVE
The 100 HIVE is split into 2 reward pools. 80% to HIVE and 20% to DBOND
- The 80% (HIVE) is split into 7 parts and each part is issued each day to liquid DAB tokens for the following week. (Sun-Sat)
- The 20% (DBOND) is split into 7 parts and each part is issued each day to liquid DAB tokens for the following week. (Sun-Sat)
The game is kinda evil to be honest because you basically get punished for either staking are unstaking because when you do either, you are liquidating your new reward pool. If someone stakes a large amount of DAB on a Monday, they will liquidate DBOND rewards for the remainder of that week but on the flip side, that action of their staking will have increased HIVE drips to remaining liquid DAB token holders. The same in reverse if a big DAB staker were to unstake. The best days to have little to no effect are Saturday for staking and Friday for unstaking.
DAB STAKING REWARDS STARTING TODAY!
Stake DAB to earn daily DBOND drips which you can stake to earn more DAB to either hold liquid to earn more HIVE or stake to earn more DBOND.
When you stake your DAB tokens, the HIVE that would have been sent to you as a HIVE drip will be powered up to the @dailydab account and used to mint and issue you new DBOND tokens. Remember DBOND is backed and pegged to 1 HIVE/HP. This helps the DailyDab ecosystem grow which ultimately increases the HIVE drip pool because it is connected directly to the HIVE POWER balance.
Get the best of both and stake some and hold some liquid. For the next 2 weeks, there are roughly 90 DAB being minted per week, this will increase to over 170 in 2 weeks when the 1st public batch of DBOND is released. This is a number that will only increase over time so what you do with your DAB now in these early stages must be well thought out. I can advise one other are the other, it depends on what your goals are.
As said above, the first DAB mining rewards will go out in around 12 hours from this post being uploaded, the snapshots for both HIVE drips and DBOND drips or taken just before distribution each day.
DAB RICHLISTs
Liquid balances only
Staked balances only
