So we launched Decoy Token today!
Lots of you have questions so here are some of the most frequently asked.
- Decoy is not exchangeable at this time, however, you can immediately start earning with it by simply holding it and mining more, and claiming your daily staked profit.
We will be adding it to exchanges at a later date once a lot of the supply has been distributed and features developed around decoy fully. This will allow people to naturally find the value of earning via staking it, allowing a more natural price discovery.
- Decoy is **not** eligible for mining, or any other bonuses except staking including leveling up e.g. qualified wager
- You mine Decoy by wagering in all currencies except Decoy, 80% of your mined earnings will be locked for 180 days, and 20% will go to your Decoy balance
- to Stake you do not need to do anything, except hold it! in the bank or main balance.
- Staking is a system for passively earning Decoy Tokens. Every 24 hours the Staking pool releases 3% of the total profit, there is a minimum starting amount of $15,000
- There is no time limit for claiming staked profits, it will not expire.
I will keep adding to this so please keep asking any major relevant questions :)