Nov 26, 2019 ⋅ 2 min read
Staking-as-a-Service provider Stake Capital announced the startup would transition to a revenue-sharing Decentralized Autonomous Organization (DAO). The new business model enables anyone to claim a portion of Stake Capital’s income, collected in the form of staking fees, by holding the newly minted Stake Capital Token (SCT). SCT holders will eventually be granted pro-rata voting rights over the digital organization to influence its future direction. The token-friendly model also includes the launch of a second token called LTtokens (Liquid Tokens). These ERC-20 tokens act as deposit slips pegged 1:1 to the amount of collateral a user stakes, unlocking the potential for holders to exchange staked assets on “secondary markets as derivatives.”
Why it matters:
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.
Gain an edge over the market with professional grade tools, data and research.
Already a member? Sign in
Gain an edge over the market with professional grade tools, data and research.
Already a member? Sign in