Welcome to Poker Protocol
  • What is Poker Protocol?
    • An Overview
    • Our Story
    • Vision Map
    • Official Links
  • Token Gated Defi With Gamified Utilities
    • Staking Fundamentals
      • Where does the money go?
    • NFTs
      • Mint Breakdown
    • Game Aspect
  • Community
    • Insurance Fund
  • FAQ
    • Poker Protocol
    • Staking Protocol
    • NFT
    • Gaming
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On this page
  • How Staking Works?
  • Staking Scenario
  1. Token Gated Defi With Gamified Utilities

Staking Fundamentals

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Last updated 2 years ago

How Staking Works?

When users stake, the funds are then privately lent out to a top 10 casino wordlwide. Our investors have entered into a private partnership with this casino that lasts until 2025. Up until Poker Protocol, staking has only been accessible to our investors.

When the staked Ethereum is sent to the Casino, the money is used in all non-gambling aspects of the Casino. This means our funds will NEVER be gambled to provide our returns. The staked money is used to generate revenue from in house chip exchanges and by providing liquidity for the house. The Casino then shares a portion of their profits back to us and we distribute those profits to our stakers through Ethereum.

Staking happens in 45 day cycles. For example, staking that opens up on February 8th will be released on March 24th. New cycles will open up every 10 days, Feb 8th, 18th, 28th... Upon completion of a staking cycle, stakers will be able to claim their yields on our website.

Staking Scenario

This section explores the different reward systems when staking for a year.

*ALL THESE NUMBERS ARE JUST EXAMPLES*