Stakers – The people staking FLASH and earning instant yield (altcoins)
Stakers will most likely comprise around 80-90% of our initial user base for Flash. See the image to the right for an example of what you will encounter when staking on the dApp, day one.
Even if you didn’t participate in one of our many battle-tested betas, staking will be the simplest entry point into using the dApp. It’s as simple as taking your $FLASH and staking a set amount into the protocol for a predetermined amount of time.
At that point, new $FLASH are generated because of your stake, and they go over to a liquidity pool of your choice (for example, $DAI, $ETH, $LINK, etc…). Once you chose your desired pool, those alt-coins are sent to you immediately! Or, one can say, in a flash. It’s as simple as that! After the stake duration is complete, you can unstake your original $FLASH. So in the end, you’ll have received your immediate upfront yield in the form of an ERC-20 token of your choosing, and your initial $FLASH.