Super Staking is gamified staking experience designed to boost staking, trading and revenue generation on Lisk. A sticky upgrade to the just concluded Lisk Surge campaign.
This project will accelerate staking, encourage token deployment and boost trading activities. Incentives will be distributed indirectly through new token emissions and liquidity injections, reducing impact on $LSK while generating revenue through fees.
Our Mission is to develop a sustainable pipeline for improving onchain metrics and rewarding user participation. A sticky, revenue generating alternative to the linear reward distribution model.
This mission is informed by the success of Lisk Surge and an in-depth analysis of the TVL growth strategies of top performing blockchains (eg. Solana and Oraichain).
The current incentive distribution model rewards users for volume inflow and stake duration only, a linear framework where users receive $LSK and almost immediately proceed to centralised exchanges where they dump it for USDT.
Transactions per user from staking to claiming rewards are minimal with little to no recurring daily transactions, zero trading activity & zero revenue generated. At best this framework indirectly encourages minimum onchain interaction per user, while prioritizing idle “whale” deposits.
This Linear incentive distribution framework also has both direct and indirect impact on $LSK valuation, making future initiatives more expensive to fund. In other words, we trade $LSK value for TVL - which in most cases is mostly temporal/transient.
Without an extra gamified retention layer between staking and rewards, we risk growing “temporary” TVL at the expense of all other onchain growth metrics (eg: Token activity, Daily transaction, Revenue etc.). Continuous funding via the DAO treasury without additional revenue generation is unsustainable and less rewarding.
Why stop at growing TVL when we can achieve way more with the same input?
Strategically position Lisk blockchain as the staking hub of the SUPERCHAIN.
We propose a cascading layer of gamification to ensure that users do more than just Deposit and Withdraw. This will boost recurring daily transactions, generate revenue through trading fees and kickstart an infinite loop of staking, staking and trading.
Users want rewards, Lisk Needs more onchain transactions. We must replace the linear distribution model with a sticky convoluted loop - a game theory built on user psychology.
To achieve this, we will deploy a lisk-Native staking portal and reward staking activities in “new ERC20” emissions (In place of $LSK). These new tokens are vested and gradually unlocked over time. Reward tokens are eventually paired with $LSK and made available for trading on velodrome. Users can also restake these reward tokens to earn even more emissions.
In addition to staking, restaking and trading, new projects can also gain early stage valuation by launching governance/reward tokens via a bonding curve on the portal. Early supporters will stake non-LSK assets to earn token emissions from each launch.
This means extended staking/farming durations, more rewards to look forward to and new tokens to speculate on.
Global