StarBlock DAO is a decentralized organization initiated by StarBlock, the world’s largest NFT-Fi marketplace. The goal of StarBlock DAO is to use Web3 to empower NFT, free NFT liquidity through staking farming, empower NFT community through staking dividends, and establish a new NFT trading network through community airdrop.
Through the innovative NFT Farming mechanism, StarBlock helps NFT complete WNFT (Wrapped NFT) conversion, and at the same time obtains Token incentives, which maximizes the liquidity of NFT. We call this mechanism: NLSD (NFT Liquid Staking Derivatives), similar to the LSD protocol like LIDO, etc. More information about WNFT can be found here: https://medium.com/p/a516b722b685.
In order to better promote the development of StarBlock DAO and share more rights with the community, StarBlock DAO released Tokenomics V2. The total amount of StarBlock decentralized governance Token STB is 10 billion, and 80% will be allocated to the community to achieve community governance. The details are as follows.
Community
80% of $STB will be allocated to the community and distributed to traders, collectors, NFT Farming, artists, creators, KOLs and other participants of the entire NFT ecosystem in the form of Airdrop, NFT Farming, etc. At present, StarBlock NFT Farming has more than 10,000 NFTs staked, and the initial network effect has been formed. And the first airdrop is about to start. This part will be released in 4 years, and the release details are as follows:
Team
10% of the $STB will be allocated to the team, and this part will be locked for 4 months and then released linearly over 4 years.
Investors
10% of $STB will be allocated to investors, and the tokens which do not completed fundraising will be destroyed. This part will be locked for 4 months and then released linearly over 4 years.
StarBlock Introduction
StarBlock is a community driven NFT Marketplace on multi-chain. The issued $STB token will be distributed to creators and users contributed by: issuing NFT, trading NFT and staking NFT. Also StarBlock has become the world’s largest NFT Farming platform.
More Information:
StarBlock NFT Marketplace: https://www.starblock.io/
StarBlock DAO: https://starblockdao.io/
Twitter: https://twitter.com/StarBlockNFT
Medium: https://medium.com/@StarBlockNFT
Discord: https://discord.gg/starblocknft