All you need to know about DAPP Staking Rewards
If you are a DAPP token holder you can earn inflation rewards. At the moment the inflation is set to 2.71%. Around 79k DAPP are generated every day and are distributed to DSPs (DAPP Service Providers) in proportion to the % of total DAPP staked.
Example: DAPP total supply is 1000m and only 500m DAPP are staked. If token holders stake 50m DAPP to one DSP, this DSP will receive 10% of the 79k DAPP generated. The APR received by the DSP will change continuously in relation to the ratio: total supply/total DAPP staked. At the moment you can expect to receive around double the annual inflation (5–6% APR).
There are 3 options, without doubts valuable for the growth of the DAPP Network, that redistribute the inflation to token holders
DAD, Chintai and DappFund.
If you stake to DAD you will contribute to DAPP Account DAO, a decentralized autonomous organization that is aiming to create new DEFI projects on Eos, eCurve is the first one. DAD is also managing the Bifrost bridge to Ethereum.
If you stake to DAD you are sending your DAPP tokens to the DAD smart contract. DAD will have the custodial of your tokens. The smart contract has been audited by Sentnl. Here you can find the audit.
You will receive 90% the inflation rewards into the DAD DAPP vault and there is a 0.3% withdraw fee if you want to receive your tokens back to your account. This means that you will be in profit only after 2–3 weeks. If you stake 100 DAPP and you immediately unstake you will receive 99.7 DAPP.
No minimum amount of DAPP tokens to receive rewards.
Instantaneous unstaking time.
You can’t stake to DAD using DAPP Network Portals
Chintai is a PROFI project that developed lending markets for tokens.
DAPP lending market is similar to Eos REX.
Projects can borrow DAPP tokens to access to the DAPP Network Services without having to own DAPP tokens.
If you stake to Chintai you are sending your DAPP tokens to the Chintai smart contract. Chintai will have the custodial of your tokens. The smart contract is not audited and it is not open source. It has been heavily tested by the Chintai team and no vulnerabilities have ever been exposed.
You will receive 90% the inflation rewards into the Chintai DAPP vault and there is a 0% withdraw fee if you want to receive your tokens back to your account. In addition to inflation rewards token holders will receive rewards generated by the lending market. The lending market is not used at the moment but we can expect to be crucial for the success of the DAPP Network.
No minimum amount of DAPP tokens to receive rewards.
Instantaneous unstaking time.
You can’t stake to Chintai using DAPP Network Portals
Website to stake DAPP: Chintai
DappFund is a community project started to provide support to projects developing on the DAPP Network, DAPP communities and initiatives.
If you stake to DappFund you will stake directly to the LiquidApps dappservices contract. DappFund will not have the custodial of your tokens and you will be always been able to unstake using this action on Bloks.
10% of the inflation is used to fund the development of DappFund and is sent to this account: dappfunddevs. The remaining 90% is divided in 10 portions. If you stake using a DSP portal (Bloks or EosNation or DSP HQ) 1 portion will be allocated by default to the dappfundpool account that will be used to fund initiatives proposed by the community. The maximum return with DappFund is 81% of the inflation. In the DappFund website, with a second transaction, token holders have the possibility to change the portion allocated by default to dappfundpool. There is the possibility if you wish to add other portions to projects, initiatives and communities, up to 100% of the inflation (zero rewards for the token holder). There is currently a limit of 3 options to fund. 10 DAPP staked is the minimum amount to receive rewards every day in your account.
24 hours unstaking time.
Website to stake DAPP: Dappfund or any DSP portal like Bloks or EosNation
Please let us know if you found any error, if this post is not updated and if you think there are other DSPs that are adding value to the DAPP Network.
