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Diffusion Staking Basket TVL and userbase keep going up every day!
These users see the potential of Baskets and the ATMA token ecosystem, while diversifying stake & supporting smaller SPOs.
With a few epochs behind us, Diffusion holders are stealthly stacking ATMA tokens... 😁
Less than a week after launch of the Diffusion Staking Basket, Diffusion is being tracked on DeFiLlama!! 🥳
This initiative was taken by one of our awesome community members!
We truely appreciate the community support and dedication to the ecosystem we're building. 🫶
With the switch to the new epoch a few hours ago, the Diffusion Basket has also increased in value due to staking rewards, and reshuffled the stake.
Let's take a look at what happens to the stake in Diffusion and the Cardano staking rewards at the switch of every epoch.
🧵👇
I quote this from @atriumlab because it's very important: "When delegating your ADA in Staking Baskets, you're spreading your stake and supporting 50 stake pools at the same time. With Baskets, you are protected against underperforming or retiring SPOs."
Less than 2 days after launch, the Diffusion Staking Basket has reached a TVL of 340k ADA!
At the end of the epoch in 2 days, 30847 ATMA tokens will be released to Diffusion delegators as a reward for their participation.
Oh yeah, this is on top of their Cardano staking rewards
The Diffusion Staking Basket is Live!
Delegate to 50 community-chosen stake pools at the same time
Support smaller SPOs
and earn additional ATMA tokens on top of your ADA rewards!
Join us Wednesday August 13th for our weekly X Space at 16h UTC!
We'll be joined by Pi from Sundaeswap, discussing their recently released Sundae Strategies!
Of course, we'll also celebrate the launch of the Diffusion Staking Basket.
Link to the X Space below.
The Staking Basket smart-contract is now open-sourced!
You can review the code before the Diffusion Staking Basket is publicly available in Âtrium tomorrow.
We're excited to see the 50 SPOs voted in by the Cardano community start to receive more ADA delegation tomorrow!
Before Diffusion goes live tomorrow, our team has already deposited over 50,000 ADA into Cardano's first Staking Basket!
This 50k ADA is staked to 50 different Cardano SPOs chosen earlier this year by the ADA community.
With Baskets you can support more SPOs, and get more CNTs!
ÂTMA DAO is proud to release its tokenomics in this thread.
The ÂTMA DAO, the ÂTMA utility token, and ÂTMA smart-contracts have been carefully crafted to serve the best interests of Cardano, its DAO members, and token holders.
More details below 👇
Diffusion launches Aug 13th.
It's a new way to stake on Cardano! In addition to staking to your favorite pool, users can also support 50 SPOs at once!
This enables complex, multi-staking & token-distribution strategies.
Diffusion is the first Basket to show the possibilities.
The Diffusion Staking Basket will distribute Cardano staking rewards & ATMA tokens to delegators.
Let's explore how it works:
- You deposit your ADA into Diffusion
- You earn ADA staking rewards
- After signing up, you'll also earn ATMA tokens every epoch
Details below 👇
The Diffusion Staking Basket launching on August 13th will be incentivised with ATMA tokens, on top of your Cardano staking rewards.
The Atma DAO will also launch a temporary bonus allocation for committed Diffusion delegators.
What is Diffusion Âtma Boosting?
Details below 👇