Staking

Staking allows users to obtain rewards for their EVO tokens in various ways:

Stake EVO to obtain EVO

Users can stake their EVO into a pool, and the platform returns a real-time EVO reward.

Burn EVO to receive a share of the platform's proceeds

Users stake their EVO tokens into the pool, which awards 50% of the platform's weekly dividends to the staked users.

Evo Surfers burns the staked Evo, and the platform directly distributes the platform's proceeds to users according to the original value. For example, if the currency is ETH, the currency of the dividend to its users is ETH, not USDT or any other tokens.

Determine the share of dividends based on the number of staked tokens and the number of staked years.

Users can stake a certain number of EVO tokens into the Evo Surfers DAO for up to four years and a minimum of one month. The DAO will return VeEVO to the user based on the number of tokens and years staked.

If a user stakes for four years, the ratio of EVO to VeEVO is 1:1. Staking for one year is 1:0.25, and so on.

Evo Surfers puts 50% of the earnings into the DAO every week, and the percentage of VeEVO held by the user will determine the number of dividends the user gets. Besides EVO, it could also be USDT, etc.