Transition to the New WINR Staking on WINR Chain

WINR Chain brings long-term participation and reward emphasis. This leads to a much smoother, user-oriented staking mechanism of the protocol. The dual-token model is retired for this simplified system where users can directly stake WINR tokens. This latest model brings in fixed lock periods, such as 7-180 days, that allow participants to lock their tokens for a certain duration against an investment goal.

Staking now follows a weight-based mechanism. The staking weight thus depends on both the lock period and the amount of WINR tokens being staked. Here is the easy formula to define the staking weight:

$$\text{Staking Weight} = \text{Lock Period (in days)} \times \text{Amount of WINR Locked}$$

This weight is important because it directly influences the share of protocol profits given to the staker. The longer the lock period and the greater the amount of WINR staked, the higher the weight of staking will be, meaning the larger the portion of the profit distribution per week. This design encourages long-term participation, as rewards are aligned with the level of commitment by the staker.