Staking

The birth of the $FROSCH token will be used purely by Frosch users for the purpose of governance. Its key utility is to allow proposals and voting in and off chain. $FROSCH token will also introduce holders to an opportunity to stake their tokens in the FROSCH contract. Users can lock their tokens as they wish if they would like to partake in the governance program and receive rewards for their participation. The rewards received will be relevant to the amount of locked $FROSCH.

Where are these fees coming from exactly?

The fees will be collected through transactions with the $FROSCH token and the multisig wallet will be holding 3% of tokens (along with others) for the purpose of redistribution to the governance users. Currently this transaction tax will be fixed at 2% and will be lowered as certain deadlines are met within the contract. The fee to stake and restake will be set to 0.5% fixed.