P2E Fantasy sports game Tradestars starts Staking from Native token TSX-press release

press release

press release. The blockchain-based P2E Fantasy Sports Game Tradestars has announced the start of the staking of its native tokens TSX. Users can now use their TSX tokens and earn more TSX tokens than reward.

Tradestars and TSX

Tradestars is a P2E fantasy sports game based on Ethereum, in which users can trade fantasy shares whose value is directly influenced by the real performance of the athletes. Sports enthusiasts can use their sporting knowledge to buy Fantasy Stock from players who have the potential to become the stars of tomorrow and look forward to considerable profits from their investment.

The Fantasy Stocks are implemented as fractional non-fungable tokens (F-NFTS) and acted against smart contracts using the TSX as a medium. TSX is an ERC 20 token that serves as a game currency (utility token).

users can also take part in DFS competitions (Daily Fantasy Sports) on Tradestars and win as a reward TSX.

TSX service programs

As an utility token, TSX drives the economy of Tradestars in the game. TSX is also the governance token and enables owners to take part in decentralized coordination rounds to make decisions that affect various questions of platform government and their future growth direction.

Apart from that, the TSX entitles the owners to earn a number of other advantages, such as earning a share of the generated platform fees and receiving the first access to NFTS shaped on the platform.

tsx is currently on leading cryptocurrency exchanges such as MexC, uniswap and pancake exchange.

tsx-staking

With the introduction of TSX-Staking, the list of the service programs of TSX-token was added to another point.

The total offer of the TSX is 100 million, of which 22 % (22 million) tokens were reserved for the payment as a staking reward. These rewards are distributed with an annual free -gaberate of 4.4% over a total of 5 years.

The TSX-Staking rewards are calculated every second, and in the future TSX will have to be used by community members who want to take part in the governance of the Tradestars ecosystem.

How to set TSX

Tradestars has one. Created staking-dashboard can simply be deducted/unsubscribe via the user and can be used. The dashboard also shows various statistics on the staking of TSX, including the total amount of the TSX, the effective annual interest, the TSX price, the daily TSX rewards and the circulating offer on Tsx.

users must first connect their metamask wallet or any mobile wallet of their choice (via Wallet Connect) to the dashboard. Then TSX can be used or redeemed with the "Stake" and "Unstake" buttons.

There are no criteria regarding the minimum period or the minimum amount to TSX, which needs to be used to obtain premiums. Staking rewards are calculated every second and can be requested using the "Claim" button.

The purpose of the TSX staking

The TSX staking is an important milestone in the aim of Tradestars to include the community much more in the decision -making process.

Tradestars wants to grow into a really decentralized P2E game managed by a community. To ensure that only users who are really interested in the development of the platform can take part in the governance process, you must first use TSX tokens.

The plug-in reward program is also a way to reward community members who have shown that they believe in Tradestars by locking their TSX tokens.

Further information on TSX-Staking can be found at- https://tradestars.gitbook.io/tsx-staking

Visit the staking dashboard to put your TSX - https://tradestars.app/stake

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