What is dynamic staking on the Lyzi dapp?

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The term “dynamic staking” may seem a bit complex to describe something simple. In this article, we'll explore its mechanisms and discover how this strategy can be a powerful way to optimize your returns. Unlike traditional staking, where you place your tokens to receive rewards for validating blockchain transaction blocks, dynamic staking is more like farming in its operation.

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What is dynamic staking ?

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The dynamic staking feature allows users to invest their LYZI tokens in a liquidity pool for one or more periods in order to collect returns.

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A cycle is equivalent to a period of 30 days gone by, and there will be a total of 72 periods, or almost 6 years.

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This return is expressed in the form of an annual rate (APR) and it varies according to the number of participants, the date on which the LYZIs are deposited in the pool, and the proportion of tokens deposited in relation to the total number of LYZIs in the pool.

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In other words, by investing early and holding a significant portion of the pool, you benefit from a higher return!

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Initially, each cycle has a certain number of tokens dedicated to rewards that will be distributed among all users who participated in our dynamic staking program.

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If you want to know the number of LYZI reward tokens awarded in each period, do not hesitate to consult our documenting.

Or you can also consult the smart-contract on Better Call Dev.

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It is important to note that we have the opportunity to increase the total number of performance tokens that will be distributed to participants before the end of the period. Stay on the lookout for a special offer on our staking.

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What are the conditions of our dynamic staking ?

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When it comes to staking conditions, we've made sure to make them as flexible as possible.

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Thus, you have the option of recovering all or part of your chips at any time, as they are not subject to a lock.

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The minimum amount of chips required for staking is 1 LYZI.

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To claim your staking rewards, you must wait for the end of the period, which is shown with a real-time countdown on our dapp.

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Even if you remove your coins from staking before the end of a period, you have the option of coming back at the end of the period to claim your rewards.

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If you want to keep your coins staked for several months, this is no problem, as they will be automatically rolled over from one period to the next.

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However, if you want to benefit from compound interest, you will have to do it manually. At the end of each period, you'll need to claim your rewards and then stake them, which will increase your returns.

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How to stack your LYZIs on Lyzi?

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1. Go to dapp.lyzi.fr

• Go to our official platform: dapp.lyzi.fr. This is the starting point for your staking adventure with Lyzi.

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2. Connect your wallet:

• Make sure your Tezos wallet is connected. Security is our priority, choose a wallet you can trust to ensure a hassle-free experience.
• Remember to have a few Tezos tokens available to cover network transaction fees.

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3. Navigate to the Staking category:

• In the main menu choose the “Staking” category

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4. Activate staking:

• For newcomers, activate staking with one click on “1. Activate staking.” This will open the doors to your wallet for our staking process.

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5. Enter the quantity of LYZI to be staked:

• Indicate the quantity of LYZI you want to stake.

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6. Validate the Transaction:

• Take action by clicking on “2. Stake X $Lyzi”. This step will finalize the transaction and put your LYZIs into staking, placing them in the race for rewards.

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Information that you can find on the site:

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Our platform allows you to monitor essential data in real time such as:

• La TVL (Total Value Locked):
• Discover the total quantity of LYZI tokens committed to the staking pool by all participants.

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• The number of stakers:
• See the number of participants in the staking pool. A vibrant community is the key to success.

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• La Ongoing Rewards:
• The current reward corresponds to the total sum of LYZI tokens that will be distributed among all participants in the current period.

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In conclusion, dynamic staking on Lyzi represents a unique opportunity for investors looking to maximize their returns in the cryptocurrency field. With exceptional flexibility, our approach offers a transparent and lucrative staking experience. The platform provides real-time data to guide users in their decisions, making staking on Lyzi an attractive option for those looking to explore the benefits of dynamic staking in the blockchain world.

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