Staking

Staking that yields more success as a collector, not just more return on tokens.

Quidd collectors that hold QUIDD -- either obtained through Collect To Earn activities or, for collectors located in eligible countries, through acquiring via an exchange -- will have an opportunity to stake their QUIDD to unlock monthly collector features and benefits.

Starting in 2022, Quidd will introduce multi-tier, value-added Collector Super Services designed to up-level collectors from intermediate to advanced usage.

These professional-grade features, exclusive to holders of theQUIDD Token, will help collectors be more successful, and could include:

Selling

  • Unlimited Cash Auctions

  • Unlimited Cash Repacks and Raffles

  • Improved Listings Management Tools

  • Storefront Customization

  • Storefront and Listing Promotion

  • Advanced Notice on Blind Offers

  • In-Depth Item Population Reports

  • Real-Time Circulation Data

Buying

  • Unlimited Blind Offers

  • Low Print Locators

At the end of each month, staked collectors can choose to discontinue their subscription to the Collector Super Services -- a process that will be easier than unsubscribing from most fiat-based monthly subscriptions -- releasing their tokens from escrow.

As a result, staked tokens only stay staked if collectors are receiving commensurate benefits from these Collector Super Services. This creates a reciprocal pressure on the Quidd team to ensure that associated features are truly helpful, otherwise tokens will become un-staked.

Perhaps most importantly, the increased utility derived from staking tokens is not simply more tokens or more returns per token. Instead, the benefits are those that come from being a better collector on Quidd.

The final list of features will be voted on by the community with pricing determined before final rollout.

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