🛡️Token Governance & Staking

Governance

Token holders play a vital role in the governance of the TLN ecosystem. They have the opportunity to participate in the decision-making process through voting rights on important matters concerning the platform's development and future direction. This democratic approach ensures that the community's voice is heard and considered.

Staking Ideas

NFT Staking is an integral part of the TLN gamified system. Lux Lions NFT holders will be able to stake their Lux Lions NFT's for TLN tokens. NFT's will get locked up for a certain period of time but stakers of Lux NFT's will be able to claim TLN tokens each month.

Staking of tokens will eventually be adopted and will be an integral part of the TLN gamified system.

In the near future Token holders can choose to stake their TLN tokens, either independently or against specific NFTs.

By staking, users contribute to the network's security and stability while earning rewards in the form of additional TLN tokens.

The staking rewards can be designed to increase progressively with the duration of staking, encouraging users to hold their tokens for longer periods. This incentivizes long-term engagement and loyalty within the ecosystem.