Galaxis Launches Staking Programs to Boost Web3 Community Engagement

Innovative Staking Initiatives Empower Web3 Communities to Foster Growth and Engagement

  • Galaxis introduces two new staking programs targeting community governance and token holder rewards.
  • Platform supports major names including Donald Trump, Steve Aoki, and NBA through NFT-based membership cards.
  • Governance staking requires minimum 100 GALAXIS tokens, using square root model for voting power calculation.
  • Engine Superlock program offers double engine benefits and USDT rewards through April 2025.
  • Monthly distribution includes 3 million GALAXIS tokens plus loyalty pool of up to 20,000 USDT.

Web3 platform Galaxis announced two new staking initiatives aimed at strengthening community participation and token holder benefits. The platform, which powers digital communities for high-profile figures and brands through NFT-based membership cards, introduced Governance Staking for Members and Engine Superlock programs with combined rewards exceeding $20,000 in USDT.

- Advertisement -

Governance Structure and Reward Mechanics

The Governance Staking program implements a mathematical approach to community voting, requiring a minimum stake of 100 GALAXIS tokens. The system employs a square root calculation method where:

  • 100 tokens = 10 voting power
  • 10,000 tokens = 100 voting power

Monthly rewards include 3 million GALAXIS tokens distributed among active voters. A separate loyalty pool offers 10,000 USDT for consistent six-month participation, doubling to 20,000 USDT when total staking surpasses 200 million tokens.

Engine Superlock Benefits

The Engine Superlock initiative, running through April 29, 2025, introduces a "double engine" mechanism. Participants receive an additional engine for each locked engine, plus 1 USDT per 10,000 GALAXIS tokens locked. Current 12-month lock participants automatically qualify for these benefits.

CEO Gergely Fábián described the platform’s evolution at Art Basel: "We were the technology provider for Donald Trump’s NFT cards, and the NBA as well—but we realized that there is much more to this technology of NFTs and utility tokens."

The platform currently supports communities for notable figures including Ethereum/0x01ba93514e5eb642ec63e95ef7787b0edd403add/448″>Steve Aoki, Mike Tyson, and organizations like the NBA. Fábián added: "I see Galaxis as the go-to platform for creators looking to build self-sustaining, decentralized communities."

✅ Follow BITNEWSBOT on Facebook, LinkedIn, X.com, and Google News for instant updates.

Previous Articles:

- Advertisement -

Latest

Top 7 BEST Crypto Trading Bots for Beginners

QUICK NAVIGATIONQuick Look: Top 3 Best Crypto Trading BotsWhat Exactly is a Crypto Trading Bot?How I Chose These Trading BotsTop 7 Crypto Trading Bots...

CoreWeave Q1 Revenue Soars 5x, Losses Deepen Amid AI Surge

CoreWeave reported first-quarter revenue of $981.6 million, a fivefold increase from the prior year. The company recorded a net loss of $314 million for the...

Surfshark Launches Free Privacy-Focused DNS Service to Protect User Data

Surfshark has launched a free public DNS service focused on privacy and ease of use.Unlike traditional DNS providers, Surfshark DNS operates on a strict...

Coinbase Eyes More Acquisitions After $2.9B Deribit Purchase

Coinbase plans further mergers and acquisitions after its recent purchase of crypto derivatives platform Deribit for $2.9 billion. The company's strengthened balance sheet, with $9.9...

Elon Musk’s Grok AI Under Fire for Spreading ‘White Genocide’ Claims

Users reported that Grok, a chatbot supported by Elon Musk, repeatedly brought up “white genocide” claims in unrelated replies.The AI attributed this behavior to...

Must Read

5 Best Crypto Jobs Sites To Land Your Next Six Figure Job

The cryptocurrency and blockchain job market has exploded. With new blockchain start-ups and projects being founded at a blistering pace, the demand for workers...