Thank you for your continued support of the DODO platform! As announced on February 10, the brand new DODOnomics v2 token economics model will be rolled out along with the DODO v2.0 release.
The team will make the following adjustments to the staking functionality, effective 5am February 22, 2021 UTC.
1. Conclusion of the current DODO staking rewards
Claimable and locked mining rewards will not be affected.
Please note that you will need to unstake your current DODO to move over to the new vDODO staking contract if you wish to participate in vDODO rewards.
2. Launch of vDODO minting and distribution of membership rewards
You can stake your DODO to mint vDODO, DODO's proof-of-membership token. Before doing so, please make sure you read the "What is vDODO?" article, fully understand the various concepts and mechanisms of the system, and do your own research.
To encourage early birds to try out the vDODO membership rewards system, instead of the normal 6, there will be 12 DODO reward tokens distributed per block during the first 7 days (i.e. until 5am March 1, 2021 UTC).
vDODO holders will be able to invite others to mint vDODO tokens and receive additional rewards for such referrals.
The DODO Team