Staking as a Service: A Deep Dive into Doge Capital’s Utility Service

Doge Capital team has been working diligently on a new utility project named Staking as a service. This article will explore what staking as a service means for Doge Capital, potential and existing clients, community members and enthusiasts.

What is NFT Staking?

Staking is a term associated with the crypto space. It simply means locking up one’s tokens or NFTs in exchange for rewards or benefits. It is one of the most popular ways of earning passive income in the blockchain space.
NFT Staking refers to the process of locking up one’s NFTs on a platform or protocol in order to earn benefits/rewards. This implies that the owner of the NFT maintains ownership not possession of their NFT while receiving rewards. (some stakings are even in-wallet or locked)
Several projects across all blockchain networks have begun to utilize staking in their NFTs projects. As it is an accurate deal between engagement & reward. This has led to an increasing demand for staking platforms to provide staking services for various NFT Projects.

Doge Capital as a Staking as a Service Platform

A month ago, Doge Capital announced the release of its roadmap . One of the core features of the new roadmap was to launch its own Staking as a service platform. It’s four weeks after and almost a dozen NFT Projects on Solana have successfully utilized their staking services.

Why Doge Capital is offering SaaS

There’s no doubt that there might be curious members who are interested in what propelled Doge Capital into Staking as a Service. Here is what the team has to say.

• Doge Capital understands that not all project teams have available time or enough money to build a staking contract from scratch. There’s also the compromised trust between external devs and project leaders. This is why Doge Capital has chosen to provide staking solutions in order to relieve the stress of staking.
• NFT Staking is a need: NFT Staking is a major service that needs to be addressed in Solana. Doge Capital has stepped up to the challenge to contribute globally in Solana ecosystem as a B2B services providing team, to free the creativity of projects owners instead of concentrating their efforts into things that were already done several times such as staking or verification bots.

• Time is a crucial factor for the successful development of NFT Projects. This explains why NFT Projects should utilize Doge Capital as their Staking solution platform to have more time to focus on their project.

What does Doge Capital offer?

• Security: For a delicate system that involves locking up valuable assets like NFTs, security is a major factor. This is why Doge Capital is highly recommended for staking services. The smart contract has been beta tested and declared to be safe, bug free and secure and plan to be audited.
• Speed: NFT Projects that has made use of Doge Capital staking services has attested to this fact. Speed is one of the strengths of Doge Capital’s SaaS. Integration on a project’s site can be done in three days or less. You can check Doge Capital’s staking site or Mile High Ape Club for samples.
• Quality and affordable service: It is an arguable fact that NFT Staking is expensive but Doge Capital is providing ease with quality service. The staking solution is affordable and the first Tier is affordable for projects with more than 3000 supply.

What does SaaS offer for Doge Capital holders ?

• Staking as a Service profits will be spread between running costs (Marketing & Devs) and holder benefits (Woofbank & Buyback).
• An automation of this service is possible and would increase the profits by removing integration development time, to become more of a self service tool.
• Indirectly, having Doge Capital expanding its service offer, and retaining more value inside the project can only benefit holders. Of course they don’t get the money directly from the profit made, but this helps to develop the products and the team, and settle Doge Capital in long term B2B relations with multiple projects.

Features of Doge Capital’s Saas

• Multi NFT Staking: This implies that a wallet can stake 10 up to 100 NFT, depending on the RPC power.
• Variable Rates:If you have multiple NFTs we can set different rate for each NFT, or bonus according to the number of NFT staked.
• Real Time Staking Statistics
• A Built-in burn mechanism. (This is optional)
• Integration with any existing token/NFT.
• Full ON-chain contract.
• Fully Customizable.

• Maintenance, contract and UI updates.

Prices and Package Type

As stated earlier, Doge Capital provides quality service at an affordable price. Half payment is required before implementation, the balance should be paid after the staking solution has been completed.
Payment for integrating staking solutions on a project depends on the type of Tier chosen. There are three available tiers.

• Tier 1: Implementation costs $500 (smart contract deployment cost). Price is charged at $0.8 per transaction charged to users. Only for collections bigger than 3000 units.
• Tier 2: Implementation for the second tier is $2000 plus an additional $0.5 per transaction. There is no limit on the size of the project for this type of package.

• Tier 3: Implementation price is $4000 plus $0.25 per transaction. This also refers to projects of any size.

It is noteworthy to state that each Tier gets access to all the features Doge Capital staking as a service offers.

How to get Started

Interested persons can reach out to Doge Capital on Twitter or Discord Community. The team will respond promptly.

What details do Interested Projects need to provide?

A representative of interested projects should provide us with the mint id of the token you plan to distribute to users staking your NFT. If you do not have a token yet, please feel free to follow the tutorial below and create a token . We will be happy to assist you if you get stuck in between tutorial here.

• Logo of the project.
• 3 NFTs and 10 tokens to test.
• RPC address (preferably solana-mainnet pro plan from quicknode.com).
• NFTs Mint hashlist.

Project Twitter & website link

Conclusion
Staking is a major need in the NFT space and Doge Capital is performing excellently in being a service supplier to this growing demand. The Staking as a service solution is only one of the services Doge Capital will be offering to the Solana NFT space in the long run.

Interested in any of the staking solutions stated above? Reach out to Doge Capital today.
It’s not too late to be a Doge Capital holder too.

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