An In-depth Look at Defi Shopping Stake (DSS) Tokenomics and Distribution

Explore the token distribution model of DSS and understand how it powers a decentralized loyalty program

Defi Shopping Stake (DSS) is transforming the way e-commerce companies approach loyalty programs by leveraging decentralized finance and blockchain technology. In this article, we will delve into the tokenomics of DSS, including its distribution model, maximum supply, current supply, and the allocation for various purposes. Understanding the tokenomics is essential for grasping the potential value of DSS tokens and their role in the innovative rewards system.

DSS Token Supply and Distribution

DSS has a maximum supply of 66,666,666 tokens, with a current supply of 22,222,222 tokens. The distribution of tokens is carefully designed to ensure that the platform remains sustainable, decentralized, and valuable for its users. The distribution is as follows:

1. Shopping Treasury (40%): The shopping treasury holds 40% of the total token supply. These tokens are used for rewarding customers and sellers on the Uquid marketplace. As transactions occur and rewards are distributed, the value of DSS tokens increases, making them more attractive to users.
2. Staking (50%): Half of the total token supply is allocated for staking. Users can earn DSS tokens by providing liquidity for farming, which helps maintain the stability of the platform and promotes long-term growth.
3. Operation (10%): The remaining 10% of tokens are dedicated to the operation of the DSS ecosystem. This allocation ensures that the platform has the resources necessary for continuous development, maintenance, and improvements.

Token Rewards: Mining Shopping and Stake Shopping

Users can earn DSS tokens through two primary reward mechanisms:

1. Mining Shopping: Both customers and sellers in the Uquid marketplace can earn DSS tokens as rewards for completed transactions. The more transactions that take place, the more tokens are distributed, creating a thriving ecosystem that benefits all users.
2. Stake Shopping: Users can also earn DSS tokens by providing liquidity for farming. This process helps maintain the platform’s stability and promotes sustainable growth by incentivizing users to participate actively in the ecosystem.

Community Governance and Token Burn Mechanism

To maintain and increase the value of DSS tokens, a burn mechanism is implemented. The community has the power to vote for the burning of tokens from the shopping treasury, which makes DSS tokens scarcer and more valuable over time. The burning mechanism is governed through annual voting, and only Defito (DTO) token holders have the right to vote. This system ensures that decisions about the platform’s future are made democratically and transparently by its users.

To learn more about Defi Shopping Stake (DSS) and how it’s revolutionizing e-commerce loyalty programs, visit https://defi.uquid.com. The website offers comprehensive information on the platform, its features, and the benefits it brings to users. We encourage you to explore the world of DSS, stay informed about the latest updates, and join our thriving community. Don’t miss out on the opportunity to be a part of the future of e-commerce loyalty programs — dive into DSS today!

About Uquid

Launched in 2016, Uquid pioneers in applying DeFi and Web 3.0 to E-commerce that aims to bring the best Shop to Earn experience to customers with verified merchants, exclusive deals, cashbacks and Payin3 with Crypto.

Throughout the years, Uquid still keeps its fantastic performance with continuous growth and the best effort to upgrade their store following the official Roadmap. With the largest selections of over 120 million physical, digital and NFTs products listed and comprehensive shipping services to over 160 countries around the world, Uquid is confident in serving any demand of customers in the Metaverse.

Users shopping at Uquid are offered flexible and convenient payment methods including cryptocurrency, fiat or wallets. Uquid’s ambition is to dominate the crypto marketplace by offering Buy Now Pay Later option to customers. Uquid Payin3 is all about protecting crypto futures value, by delaying the payment in three installments for 90 days, interest-free. With many years of building an infrastructure for Ecommerce in Metaverse, Uquid has found the easiest and safest way for customers to access their money and shop online.

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Twitter: https://twitter.com/uquidcard

Facebook: https://facebook.com/uquidcard

Medium: https://medium.com/@uquidcoin

Blog: https://shop.uquid.com/blog

Website (Digital product): https://shop.uquid.com

Website (Physical product): https://uquid.com

Website (General): https://uquidcoin.com

Website (NFT): https://nft.uquid.com