Boltr Economic Staking service explainations.
Eco-Stake (2021).
Staking become one of the famous ecosystems in the crypto world especially when DeFi become popular among the cryptocurrency community. Through the development of decentralizing finance, staking ecosystems have emerged in various ways if compared to the old staking function in blockchain with Proof-Of-Stake consensus. In Proof-Of-Stake consensus, the staking function work by participants can lock coins (their “stake”) at a particular interval, the protocol randomly assigns the right to one of them to validate the next block. Typically, the probability of being chosen is proportional to the number of coins – the more coins locked up, the higher the chances to produce the next block. This consensus mechanism has revolutionized the Proof-Of-Work consensus that requires too much computational cost for keeping the decentrality of a particular blockchain. In DeFi, this staking function has emerged into a different function which only focusing on the ecosystem of dApps in the smart contract. In order to make particular dApps comes with more liquidity. This is something that Boltr deploys into its ecosystem. In Boltr platform you can use this staking function using BOLTR token through a different mechanism:
Stake Liquidity (Liquidity Provider) token to earn BOLTR.
Stake BOLTR to earn BOLTR
Stake BOLTR to earn tokens of other projects

Stake Liquidity

Staking LP is a set of liquidity provides in a particular pair of tokens in order to earn LP Token and allow traders to swap their assets. Please refer to the flow in the diagram below.
Diagram of Liquidity Staking Flow
When you stake your LP, for example, you stake the pair of BOLTR-KCS. You will receive a BOLTR-KCS LP Token in your wallet that proves your liquidity provided in the pool. For you to understand more about what is going to happen to the pool when you stake your LP, you may refer here. You can stake the LP Token in the LP Token pool in order to receive a reward in BOLTR. Whenever you unstake your BOLTR-KCS, the LP Token will be automatically removed from your wallet.
You can stake any other KRC-20 token in Boltr Platform. Below is the explanation of choosing a farm through the multiplier seeking on its multiplier:
APR (75%)
APR (455%)
When you want to stake your LP in the farm, you’ll see different multipliers for each farm. The multiplier is not something that determines the high return of the farm. The multiplier is about the amount of BOLTR token allocated to each farm. On the other hand, the yield (APR) is affected by both the multiplier and the amount of LP staked in the farm. The reason BOLTR-KCS farm’s multiplier is higher than the BOLTR-TOKEN X farm because the amount of BOLTR allocated to the farm is higher than the other one. So, liquidity providers need to identify the farm with a lower multiplier in order to get a high return on its APR.

Stake BOLTR to earn BOLTR

This is one of the staking pool's main functions. A set of BOLTR tokens will be allocated to the staking pool with the percentage of APY will be based on 2:4 between the amount of trade on swapping and the amount distributed to the stakeholders. For example:
  1. 1.
    2,000,000 BOLTR were allocated to the BOLTR-BOLTR staking pool.
  2. 2.
    200 users make a stake of 5000 BOLTR in 24hrs count of block production
  3. 3.
    In 24 hrs count of block production the amount of buying are 10,000 BOLTR
  4. 4.
    It means that the percentage of staking is 50% of the buying amount
  5. 5.
    So, the flexible of APR will be 50% at that particular time.