Diment Dollar Whitepaper
  • 💎DIMENT DOLLAR WHITEPAPER
  • ▶️VISION
  • 🔹DIMENT DOLLAR
    • Description and Key Principles
    • Characteristics of Diamonds
    • Use Cases
    • Key Product Features and Benefits
  • 👥Technology and Network
    • Diment Technologies
    • Contract Specifications
      • Characteristics of Contract
        • Upgradable
        • Multi Transfer
        • Mint and Redeem Functions
        • addToBlackList/removeFromBlackList and destroyBlockedFunds Functions
  • Token Acquisition and Redemption on Website
  • Reserve Related Processes
  • Diamond Acquisition and Token Minting
    • Regular Diamond Acquisition Process
    • Acquisition Process Triggered by User's Buy Order
    • Minting of Diment Dollar
  • Proof of Reserves
  • Partnerships and Integrations
    • Exchanges
    • Payment Apps
    • Wallet Suppliers
    • DeFi Project
    • Other Chain Integrations
  • Risk Factors
    • The “Bank Run” Event, a Potential Liquidity Risk
    • Operational Risks
    • Regulatory Standards
  • 📘SPECIAL PRODUCT FEATURES
    • Staking of Diment Dollar
    • Diment Mobile Application
  • 🔵Conclusion
  • 🔹Glossary
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  1. 📘SPECIAL PRODUCT FEATURES

Staking of Diment Dollar

General process: Staking is the process of locking Diment Dollars (DD) in DD wallets for a certain period without spending or transferring them. The locked DD are rewarded at variable rates during the locked period.

Special Add-on: DD Staker will be additionally rewarded in case our diamond reserve’s value appreciates. This mechanism serves as a protection against inflation for our users.

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Last updated 1 year ago