#TODO images instead of text

Token-Staking-Upgrade

Modification of EDNA token staking contract for boid token

Token staking basics

Investor:

1. Invest in Boid using EOS tokens
2. Receive Boid tokens 2a) Not allowed to withdraw Boid tokens for a period of time
3. Withdraw/use Boid tokens after some period of time

Boid:

1. Receive in investment in EOS tokens
2. Pay out Boid tokens to investors at some exchange rate
3. Use EOS tokens for funding of boid

Token staking vs token sale

Token staking

Frozen investment Like certification of deposit or bond

Token selling

Exchange of tokens at fixed rate

Benefits

Token staking preferred bc investors are given investment bonuses Token staking preferred bc token trading is encouraged once tokens are worth substantial value. Ideally there is minimal risk for holding and selling, as the initial purchase price should be low Token selling preferred bc higher immediate token liquidity ...

Testing

Building

make : Full version make test : Include testboidpower contract