9. STAKING & GOVERNANCE
Staking allows players to lock their CFOOT tokens in exchange for rewards, providing a way to passively earn while supporting the game’s economy.
How Staking Works
Staking provides two main opportunities:
1. Stadium Shares
Stake CFOOT tokens to acquire a share of stadium ownership.
Earnings are generated from match fees, tournament entries, and other in-stadium activities.
Revenue is proportionally distributed to stadium shareholders based on their staked amount.
2. General Staking Pools
Participate in CFOOT staking pools to earn rewards funded by game activities and fees.
Pools offer variable or fixed annualised returns depending on performance and lock-up duration.
Staking Option
Rewards
Lock-Up Periods
Stadium Shares
Share of match and event fees
Flexible (determined per pool)
General Pools
Fixed/variable returns
30, 90, or 180 days
Rewards
Staking rewards are distributed based on the following mechanisms:
Stadium Revenue: Earn a percentage of stadium-generated income, including:
Match participation fees
Tournament entry fees
Other in-stadium activities
Staking Pool Yields: Receive returns calculated on the staked amount and pool performance. Longer lock-up periods provide higher yields.
Governance in CryptoFoot
Governance empowers CFOOT token holders to actively participate in shaping the future of CryptoFoot 98. All decisions are transparent, recorded on the blockchain, and driven by community input.
Key Governance Features
1. Proposals
Token holders can submit proposals to influence key aspects of the game.
Examples of proposals include:
Adjusting leaderboard reward structures
Introducing new NFT player types or mechanics
Deciding on tournament formats and prize pools
2. Voting
All CFOOT token holders are eligible to vote on proposals.
Voting power is proportional to the number of tokens held or staked.
Decisions are executed based on majority votes, ensuring fairness and transparency.
3. Transparency
All governance activities, including proposals, votes, and outcomes, are recorded on-chain.
This guarantees accountability and ensures all players can view the decision-making process.
Why Staking and Governance Matter
1. Long-Term Value
Staking incentivises token holders to contribute to the game’s stability while earning passive rewards.
It helps reduce circulating supply, strengthening the CFOOT economy.
2. Community Empowerment
Governance gives players and investors a direct role in decision-making, fostering trust and collaboration.
3. Sustainable Ecosystem
Combining staking and governance ensures the ecosystem grows organically, adapting to community needs and in-game activities.
Future Staking & Governance Features
Dynamic Staking Rewards: Rewards will adapt based on in-game activity and participation levels.
Exclusive Governance Benefits: Active participants will gain early access to new game features, tournaments, or limited-edition NFTs.
Player-Led Tournaments: Empower the community to organise tournaments, vote on formats, and determine rewards.
Staking and governance form the backbone of CryptoFoot 98, ensuring a fair, rewarding, and community-driven ecosystem. By participating, players actively contribute to the game’s success while benefiting from long-term rewards.
Last updated