05-21-2025, 12:20 PM
Let's discuss staking, focusing on its real purpose for a Bakeryswap clone platform.
When you create a platform with a Bakeryswap clone, keeping users interested is a major issue. You need to make them stay for a long run on your platform, not just visit once. This is where staking helps a lot to achieve it.
Staking encourages users to keep their tokens locked up. They do this because they get something in return. This isn't just empty talk, but actual rewards like tokens for voting, extra yield farming, or early access to new tokens.
For instance, a DappRadar study in 2024 showed that platforms with staking kept 2.5 times more users over half a year compared to those without it.
But it's not just about keeping users. When users stake, fewer tokens are available. This shortage can increase the token's value, as scarcity often does. Your token gains importance instead of just sitting idle.
Consider the future: Staking creates loyalty. You're not only giving rewards but also involving users. Those who stake often become your most involved community members. They vote on decisions, promote your platform, and help keep liquidity pools stable, all while demonstrating their trust.
If you’re creating a DEX with a Bakeryswap clone, then aim to give more priority to the staking side. You can implement NFT staking and adjust staking rewards to gain more loyal users for your platform.
When you create a platform with a Bakeryswap clone, keeping users interested is a major issue. You need to make them stay for a long run on your platform, not just visit once. This is where staking helps a lot to achieve it.
Staking encourages users to keep their tokens locked up. They do this because they get something in return. This isn't just empty talk, but actual rewards like tokens for voting, extra yield farming, or early access to new tokens.
For instance, a DappRadar study in 2024 showed that platforms with staking kept 2.5 times more users over half a year compared to those without it.
But it's not just about keeping users. When users stake, fewer tokens are available. This shortage can increase the token's value, as scarcity often does. Your token gains importance instead of just sitting idle.
Consider the future: Staking creates loyalty. You're not only giving rewards but also involving users. Those who stake often become your most involved community members. They vote on decisions, promote your platform, and help keep liquidity pools stable, all while demonstrating their trust.
If you’re creating a DEX with a Bakeryswap clone, then aim to give more priority to the staking side. You can implement NFT staking and adjust staking rewards to gain more loyal users for your platform.