▪️Staking Program
At Houdini Swap, we've developed a robust and sustainable staking program, designed to reward $LOCK holders and support the overall efficacy of our ecosystem.
Overview
Staking Incentives
$LOCK holders participating in the Houdini Swap Staking Program earn additional $LOCK as a reward for doing so. This incentive mechanism encourages users to stake their tokens, contributing to the stability and value of the $LOCK ecosystem.
Funding Mechanism
The Staking Program is fully funded and self-sustaining. The fees accrued from our exchange partners are utilized to buy back $LOCK from the open market.
Buyback and Distribution
Once purchased, these LOCK tokens are directed to the staking smart contract. This contract allocates the distribution of the $LOCK among stakers, ensuring a transparent and fair rewards system.
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