GodMode ($GOD) Staking

Our staking rewards system within The GODMODE Protocol

3 min readMay 30, 2024

GodMode ($GOD) Staking is a pivotal feature designed to incentivize long-term engagement and reward participants in our ecosystem. By allocating a substantial portion of the total supply specifically for staking rewards, we aim to foster a robust and active community. Staking not only provides a mechanism for holders to earn additional $GOD tokens but also enhances the overall stability and security of the network.

Token Allocation

A total of 35,000,000 $GOD tokens, representing 5% of the total supply, is dedicated to the staking pool. This strategic allocation underscores our commitment to rewarding our community and encouraging ongoing participation. The distribution of these tokens is designed to be sustainable and long-lasting, ensuring that rewards are available far into the future.

Distribution Mechanism

The distribution of staking rewards follows a geometric series model, where the number of tokens distributed each quarter decreases at a fixed rate. This approach ensures that staking rewards continue indefinitely, though in gradually smaller amounts, promoting sustained engagement without prematurely depleting the staking pool.

The initial amount of tokens distributed in the first quarter (Q1) is 3,500,000 $GOD tokens. Each subsequent quarter’s distribution decreases by 10%, represented by a decay rate of r=0.9r = 0.9r=0.9.

The formula for calculating the number of tokens distributed in the n-th quarter is:

tokens (a) distributed in the quarter ‘n’

Quarterly Distribution

To illustrate, the distribution of tokens for the first few quarters is as follows:

Q1: 3,500,000 $GOD
Q2: 3,150,000 $GOD
Q3: 2,835,000 $GOD
Q4: 2,551,500 $GOD

This decreasing pattern continues, ensuring that rewards are consistently available, albeit in diminishing amounts — as demonstrated below.

GOD Staking Allocations (Quarterly):

y-axis = $GOD(n), x-axis = time (quarters)

The graph demonstrates staking reward allocations as they continue indefinitely, though in gradually smaller amounts.

Benefits of Staking

Passive Income: Holders of $GOD tokens can earn passive income by staking their tokens. The staking rewards are automatically distributed each quarter, providing a regular stream of additional tokens.
Network Security: Staking contributes to the overall security and stability of the network. By locking up tokens in staking contracts, participants help reduce the circulating supply, which can mitigate volatility and enhance network integrity.
Community Engagement: Staking incentivizes long-term participation and commitment to the GodMode ecosystem. It aligns the interests of token holders with the growth and success of the network.

GodMode ($GOD) Staking is a cornerstone of our tokenomics strategy, designed to reward our community and promote the health of the network. By implementing a geometric distribution model, we ensure that staking rewards are sustainable and impactful over the long term. We invite all $GOD holders to participate in staking, enjoy the benefits of passive income, and contribute to the strength and success of the GodMode ecosystem.

GODMODE, Initiated…