Staking Model
Last updated
Last updated
Network Staking
Network staking enables $RCOF token holders to lock their tokens in a smart contract for a defined period, contributing to network security and stability. In return for staking, participants are rewarded with additional $RCOF tokens, transaction fees, or other incentives based on their contribution.
Burning
Burning mechanisms are used to decrease the circulating supply of $RCOF tokens over time, which increases scarcity and may lead to value appreciation. RCO Finance may implement periodic token burns, where a portion of the tokens is permanently removed from circulation, ensuring long-term value retention.