Universal Staking System

$USSUniversal Staking System

Description

A universal staking system where you can lock a token for any period of time, and it will record your deposit amount and lock time. You can then search for data on lockers of different tokens to check the points of each. Points will not correlate to any direct benefit, but the teams behind the tokens can decide whatever they should correlate to. A team may want to track user points to give them special benefits within their system or rewards.

Specifications

Frontend that allows you to lock any type of token in a contract for any period of time. The points you receive for locking are (timeInSeconds * tokenAmount), and they are allocated to you immediately. Frontend must also have ability to show all of your current locks, when the tokens are free, and allow you to withdraw once the tokens are free. Frontend must also allow anyone to search the list of lockers for any token address and the amount of points they have. Frontend must allow anyone to pay $100 or so in $USS to allow staking of that token.

Longterm Potential

Many new kinds of staking and points systems can be added in the future. Maybe teams can deposit rewards to automatically reward lockers through the site.

Token Utility

For now a flat fee of $USS (or Ether then buyback and burn of $USS) on creation of staking for a certain token, but in the future when rewards are added maybe a percent of rewards distributed.

new