Explore Opportunities in the Second Unlockening: A Deep Dive into #StakeDOT
As Polkadot gears up for the second batch of crowdloan unlocks on January 16th, unveiling over 26 million DOT tokens from auctions 6 to 11, DOT holders must navigate this significant event strategically. While not as hyped as the initial “Big Unlockening,” this unlocking remains the second-largest, presenting ample opportunities for DOT holders to make informed decisions.
Strategic choices for unlocked DOT tokens:
1. Staking Natively:
- Directly stake DOT with validators such as POLKADOTTERS or participate in nomination pools.
- Accrue +15–17% more tokens annually with compounding interest.
- Strengthen your position and actively contribute to the network’s security.
- The lockup period is 28 days.
2. Liquid Staking:
- Explore liquid staking protocols like Bifrost, StellaSwap, Acala, or Parallel Finance.
- Enjoy staking rewards with minimal effort, with the possibility to sell the liquid token for DOT anytime.
3. DeFi Participation:
- Use DOT or even LSDs like vDOT in DeFi activities.
- Engage in lending or yield farming to earn extra yields.
Optimize Your Rewards with Polkadotters Validator
For DOT holders considering strategic staking, upcoming changes directly impact potential rewards. Opting for Polkadotters as your validator becomes even more appealing, aligning with community values and strengthening your investment in the Polkadot staking ecosystem.
Why Polkadotters:
- Community engagement: Beyond a validator, we’re community builders, fostering vibrancy since mid-2020 with events, meetups, and educational content.
- Proven track record: As active validators on Polkadot and Kusama, and with impressive engagements in parachains like HydraDX, Bifrost, Zeitgeist, Moonriver and many more, Polkadotters boast credibility.
- Performance: Our validators, operating on robust bare metal servers, ensure high block production for a competitive APR.
- Decentralization: Prioritizing decentralization, we avoid public cloud services, with plans to migrate the remaining servers to the Czech Republic.
- Support for OpenGov: Embracing Polkadot’s on-chain governance, we keep supporters informed, promoting participation for a stronger community voice.
- Sense of Humor: Balancing responsibility with a touch of fun, our commitment makes the staking journey enjoyable.
Polkadotters, a founding member of the Dot Validators Alliance, champions a decentralized, community-led society managed as a DAO. Other alliance members, such as Stakenode, Sik | Crifferent.de, and BLD nodes | ChadStakeKing, are commendable choices for those valuing decentralization.
PS: In NPoS on Polkadot, with up to 16 validator options, prioritize community validators like those in the DOT Validator Alliance for increased rewards. Avoid overly centralized entities like Binance; choose more small fish in the pond to maximize rewards and contribute to decentralization.
Polkadot Unlock Harvest 2.0: Bifrost's vDOT minting campaign
If you wish not to stake natively, you can go for liquid staking. Bifrost is our preferable solution out of the possibilities in the Polkadot ecosystem, because and not only that, offers a special campaign called Polkadot Unlock Harvest 2.0 with ~400% APY for the next month. As mentioned above, you will receive a liquid token such as vDOT in Bifrost, that you can use in DeFi and special Raindrops, which will be your reward.
Details of Bifrost’s Polkadot Unlock Harvest 2.0
- Starting Date: January 16th, 7AM (UTC)
- Ending Date: February 20th, 10AM (UTC)
- Campaign info: https://bifrost.app/dashboard/boost
- Reward: 150,000 BNC
- Friend Invitation Rewards: Extra 6,000 BNC for inviting friends.
- Friend Staking Rewards: Share a pool of 24,000 BNC based on friends’ vDOT minting.
DOT stakers receive a minimum of 300 Raindrops for every 1 vDOT Minted, with a potential 55% Raindrop boost bonus during the DOT staking boost period. Inviters providing their address during DOT staking can earn invited persons a one-time reward of 1000 Raindrops.
Bonus for Polkadotters community
Polkadotters collaborated with Bifrost and brought to the community a tailored Polkadotters link for the upcoming DOT Unlock: https://bifrost.app/vstaking/?r=polkadotters.
With the link, max 100 minters will receive extra rewards for their vDOT minting within our Polkadotters community! So use it and come to mint DOT for vDOT!
Conclusion: Unleashing the full potential of DOT tokens
The unlocking of DOT tokens from parachain auctions presents a spectrum of opportunities for the holders. Whether staking natively, exploring liquid staking, or engaging in DeFi, each option has its unique advantages.
With Bifrost and their liquid staking solution, Polkadotters now bring you additional rewards for minting your own vDOT using our magic link.
For DOT holders navigating the unlocking event, understanding the benefits of each option is crucial. Whether you opt for native staking, liquid staking with Bifrost, or participation in DeFi activities, the decision should align with your financial goals and risk tolerance.
Enhance Polkadot’s governance process by delegating your DOT or KSM to POLKADOTTERS, dedicated community supporters within the Polkadot ecosystem, enabling seamless participation in on-chain governance through Nova wallet or Polkadot Delegation Dashboard
Support Polkadotters Shrimp and Polkadotters Octopus on Polkadot and be a part of a more secure Web3 future
