HomeCoinsOWL Token (OWL)The OWL Staking Protocol. StealthSwap is a privacy preserving… | by Leon...

The OWL Staking Protocol. StealthSwap is a privacy preserving… | by Leon | stealthswap | Oct, 2020

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Leon

StealthSwap is a privacy preserving payments protocol on Ethereum. Part of this protocol is the staking distribution algorithm. The algorithm StealthSwap will be implementing is the Dynamic Staking Algorithm (DSA).

This distribution contract will distribute 0.4214963119 OWL per Ethereum block mined. There are approximately 6500 Ethereum blocks mined per day, meaning there will be 2739.7260 OWL distributed per day. This brings us to a distribution model of 1 million OWL distributed per year over 4 years.

During the initial 4 year distribution period, the staking contract will collect fees from StealthPay. Every week after the staking contract launches, these fees will be distributed to users. The reward earned will be based on the same staking reward calculation described below.

Interact with the Staking Dashboard at https://staking.stealthswap.org
The staking dashboard will be operational on Oct 19th at 22:00 UTC



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