A8 - Challenge: create dApp staking infographic

fiexer commented 2 years ago

Hi everyone

During the community program, we will also add challenges for our community to engage in. Our second challenge is for those with graphical skills! Create an infographic about dApp staking.

What is dApp staking: Instead of staking to validators, users can choose to nominate their Astar/Shiden tokens on the project. These users are also known as nominators. At every block, half of your block rewards are used for dApp staking. This reward is further divided into a 4:1 ratio between operators (developers) and nominators.

40% of block rewards is a huge incentive for dApp developers to build in the Astar ecosystem. In other blockchains like Ethereum, dApp developers need to apply for grant programs, issuance of tokens, fundraising etc. to earn some money. In the Astar ecosystem, as long as your dApp has been nominated, you will receive some basic income. As your dApp grows in popularity, more members of the community will nominate you and this means that you will receive a greater percentage of the block reward!

We must also not forget the nominators. 10% reward is quite substantial and can serve as an alternative to staking to validators or lending on other DeFi platforms.

Rewards

Total spots: 3 winners Rewards: top 3 will be rewarded after the community poll.

1st place: 100 points
2nd place: 50 points
3rd place: 25 points

How to participate

Create an infographic to explain dApp staking. Use the resources below to create the perfect infographic. An infographic is a collection of imagery, charts, and minimal text that gives an easy-to-understand overview of a topic.

Rules

Use brand guidelines to fit our house style
Submit your infographic to this topic
Send your design (psd, ai) to maarten@stake.co.jp or share your Figma url.
Challenge ends Tuesday September 28th - 12PM UTC

Resources

donatello345 commented 2 years ago

Can I edit some of my works?

fiexer commented 2 years ago

Can I edit some of my works?

Sure you can.

crypto-pithecus commented 2 years ago

Interesting!

mxmvslv commented 2 years ago

@fiexer where should i share my Figma URL? I created infographic

fiexer commented 2 years ago

@fiexer where should i share my Figma URL? I created infographic

Yes please do it here.

mxmvslv commented 2 years ago

@fiexer where should i share my Figma URL? I created infographic

Yes please do it here.

Figma URL to my work: https://www.figma.com/file/dsyk1RfKUStTL0TU6IzYcb/Astar-Network-DApp-Staking-Infographic?node-id=0%3A1

boodovskiy commented 2 years ago

@fiexer astar-dapp-staking

Hi Maarten! This is my work.

I will send PSD also on your email.

Best regards.

fiexer commented 2 years ago

@fiexer

Hi Maarten! This is my work.

I will send PSD also on your email.

Best regards.

Looks great! Thanks a lot for your contribution

Kahonnohak commented 2 years ago

Hi I'm submitting my challenge! I do understand that Staking isn't actually going through dApps but to make it super simple I'd go with this. dApps-staking .