Announcing the launch of — Easystake and Liquidity farming program for DIS holders
The revolutionary staking platform for the world of DeFi is here. We are delighted to announce that TosDis is going live with its much anticipated Staking-as-a-Service platform Easystake. The initial launch will include SaaS for Normal staking, Liquidity farming, Yield farming pools for all Ethereum network projects. TosDis provides SaaS that is permissionless and straightforward, i.e., open to all Ethereum network projects. Any Ethereum network project that wants to provide staking to its holders can use the TosDis platform to deploy its staking contract. The process of deploying is easy and pocket friendly.
Platform can be accessed here: https://app.tosdis.finance/
The launch will set in motion our efforts to enroll leading projects to use our platform for staking services. There will be a 50% discount on the initial set fee of 2 ETH worth of DIS tokens for contract deployment for the first month as a promotional offer to push forward our efforts. So, the effective fee will be 1 ETH worth of DIS tokens for February.
A Brief Intro about TosDis Platform
Staking-as-a-Service allows TosDis to offer the stake to all the Ethereum network projects (initially), making staking easy, accessible, and affordable to all the present and upcoming projects in a permissionless and trustless manner. A truly decentralized staking platform. Any tokenized project will be able to interact with the TosDis Master Contract to create and deploy a customized staking contract where users can stake specific tokens and earn pool rewards.
Platform can be accessed here: https://app.tosdis.finance/
With this update, below mentioned features would be supported on the TosDis platform.
- Staking-as-a-service
- Liquidity farming-as-a-service
- Yield farming-as-a-service
Launching TosDis (DIS) Staking and Liquidity farming program
Liquidity Farming Program for DIS holders
TosDis will be launching its first liquidity farming program via Uniswap. There is a big reward pool for the DIS Liquidity Providers (LPs). A total of 1000 DIS will be distributed in the first month for the DIS/ETH pair. The AP per person will depend on the number of LPs participate in the program. The pool is now live, but the reward distribution will start on February 8th at 12:00 PM UTC to give all participants an equal opportunity to join the pool concerning global time zones.
The process of farming is as follows —
- Visit DIS-ETH Uniswap pair: https://app.uniswap.org/#/swap?inputCurrency=0x220b71671b649c03714da9c621285943f3cbcdc6.
- Add liquidity to the pair: https://app.uniswap.org/#/add/0x220b71671b649c03714da9c621285943f3cbcdc6/ETH
- You will receive a DIS-ETH LP token.
- Stake your DIS-ETH LP token in the TosDis liquidity farming pool on Easystake: https://app.tosdis.finance/liquid-mining
- Reward per block distribution starts on February 8th at 12:00 PM UTC.
TosDis’s DIS Staking program
Apart from the liquidity farming pool, we will be deploying a normal DIS staking pool, i.e., Stake DIS and Earn DIS. We want to make sure all type holders get to participate in the staking pools. A total of 300 DIS will be added to the reward pool for the normal DIS staking round. The number of stakers participating in the program will decide the APY per person to distribute this reward amount in proportion to each user. The pool is now live, but the reward distribution will start on February 8th at 12:00 PM UTC to give all participants an equal opportunity to join the pool concerning global time zones.
The process of staking DIS is as follows —
- Visit TosDis Platform
- Connect your metamask
- Visit staking pools: https://app.tosdis.finance/stake
- Choose DIS staking pool and stake your DIS
Conclusion
TosDis is trying to make the platform easy for the projects. Rewards will be offered in each round. They will also be reduced in the subsequent rounds, depending on the condition and available supply chain. In the later stage, the allocation of pools will be handed over to TosDis DAO, but initially, it will be taken care of by the team. DAO members will be able to make decisions regarding rewards allocation for all the TosDis native pools.
An exciting month of February awaits. Tons of partnerships, products, and some surprises for the DIS community. Stay tuned for more updates, and keep supporting us.
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