DOGU StakeMine is the first utility of the DOGU project, created with the goal of building a solid memecoin by offering tools with real use cases. Unlike traditional staking protocols, DOGU StakeMine introduces gamification, making it unique in its category. Even though it is not real mining since Solana operates on Proof of History (PoH) rather than Proof of Work (PoW) our system provides an innovative and engaging staking experience for users.
Why Is DOGU StakeMine Different?
With DOGU StakeMine, you can choose between three ways to participate:
- Official Staking Pool: The simplest and safest option. Just deposit your DOGU and receive rewards proportional to your StakePower (SP), with no extra fees.
- Custom Staking Pool: This is where things get interesting! You can join a personalized pool created by another user and benefit from a StakePower bonus, increasing your rewards.
- Creating a Custom Staking Pool: If you want full control, you can create your own pool and set a fee between 1% and 5%, earning a share of the rewards from your pool.
How Does Block Generation Work?
DOGU rewards are distributed every time a pool accumulates 5 million StakePower. Once this threshold is reached, a new block is generated, initially granting 5,000 DOGU in rewards. This mechanism ensures that rewards are proportional to staking activity.
To guarantee the long-term sustainability of the token, block rewards are halved every 210,000 blocks, gradually reducing DOGU emissions and promoting stable ecosystem growth.
submitted by /u/Prestigious-Try-582
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