Staking allows token holders to lock their Lukas Tokens in a smart contract for a defined period. Stakers become part of Aca Lukas’s career.
The mechanism operates as follows:
Stake tokens: Active fans stake their tokens in a staking contract. Tokens remain locked for a defined epoch and can be withdrawn once the period ends.
Participate in events: The project organises 12 events per year - concerts, festivals or exclusive gatherings. Some revenue profits from ticket and beverage sales are used for rewards to incentivize further engagement and staking.
The project has allocated 20% of the total supply (200 million tokens) for staking incentives.
