Tiered $ELVX Staking
$Elvx token staking tiers explained
Staking $ELVX tokens grants you access to premium features on the EleveX platform, enhancing your purchasing and creator opportunities. This includes exclusive access to new launchpad project listings, the ability to participate in secondary market sales through the EleveX Sniper Bot, and permission to publish projects on the Elevex Launchpad.
Minimum Staking Requirements
Launchpad Buyers: To participate in new project launchpad campaigns, you must have at least US$50 of $ELVX tokens staked. This minimum ensures that all participants are genuinely committed in the platform's success and have a stake in its operations. Project creators: To publish projects on the launchpad, creators will be required to stake a minimum of $500 in $ELVX tokens. This requirement reinforces the creators' belief in the ELVX ecosystem and demonstrates their commitment to its success.
Tiered Staking Benefits
Launchpad Buyers: Our tiered staking program is designed with 8 distinct tiers, aiming to provide equal value and opportunities to all $ELVX token stakers. This structure helps prevent overcrowding in new launchpad project listings, which could otherwise limit access and reduce the chances for many members to participate. By requiring a stake to access these listings, we ensure that every staker has a fair chance to buy into new projects.
Project creators: For our creators, we offer two simple staking tiers that determine the maximum amount of funds that can be raised in a launchpad listing. With $500 of $ELVX staked, creators can raise up to $1 million per project. However, with $1,000 of $ELVX staked, there are no limits on the amount they can raise.
Exclusive Access Through Staking
The tiered system not only prioritizes fair access but also helps balance project purchasing capacities among our community. To further support this balance, we've made the EleveX Sniper Bot exclusive to stakers. This tool is especially valuable if you are unable to participate in the initial project sale or if you wish to acquire a larger stake in a project. The Sniper Bot allows you to secure the best resale prices on project tokens, effectively enhancing your venture strategy.
Diagram and Further Details
Please refer to the following diagram for a detailed breakdown of the staking tiers and the maximum amounts permitted under each tier:
Launchpad Buyers:
Project creators:
This tiered approach ensures that all participants, regardless of their purchasing size, can benefit from and contribute to the growth of the EleveX platform, making it a more inclusive and equitable environment.
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