LightLink Launches Proof of HODL: Stake, Earn, and Prepare for Validator Nodes

We're thrilled to announce the launch of LightLink's first-ever staking program: Proof of HODL.

This initiative, part of our broader Validator Node Program, offers LL token holders the opportunity to stake their tokens, earn rewards, and position themselves for future validator node operation.

What is Proof of HODL?

Proof of HODL is a program designed to reward loyal LL token holders while preparing for the upcoming Validator Node Program.

By staking your LL tokens now, you can:

1. Earn additional LL tokens over time.
2. Accumulate points towards future validator node eligibility.
3. Benefit from higher APYs by staking early and for a longer period of time.

How It Works

The Proof of HODL program features three staking pools, each offering different APY and staking period.

Here's what you need to know:

1. Stake your LL tokens in any of the three available pools.
2. Earn LL rewards emitted on a per-block basis.
3. Accumulate points towards validator node eligibility.

To ensure fair participation, there's a maximum stake limit per wallet, per pool. This approach prevents pool overload and maintains an attractive APY for all participants, including newcomers. 

However, you can stake as many times as you like until you reach this per-wallet per-pool limit.

Early Stakers Earn More

Early stakers receive the highest APYs from day one. This is because, as more stakers join the pools, the rewards per staker decrease.

So be sure to stake early.

Unstaking

If you decide to unstake your LL tokens before the pool ends, you will forfeit your rewards.

If you wait until the pool is finished, you can unstake to receive both your original stake and the staking rewards.

So it’s best to commit to the full staking cycle.

Why Participate in Proof of HODL?

1. Earn passive income: Generate additional LL tokens simply by staking your existing holdings.
2. Prepare for Validator Nodes: Accumulate points that will give you priority access to our upcoming Validator Node Program.
3. Benefit from early adoption: Early stakers will enjoy higher APYs, rewarding those who support the network from the start.

The Bigger Picture

Proof of HODL is the next logical step towards an array of programs, including Proof of Liquidity and others, that are currently under development.

The points you earn today can be exchanged in the future for validator nodes. So be sure to join the program now.

Finally, our new Beacon portal is live now and will show all the on-chain and off-chain programs you can take advantage of to earn more tokens.

Get Started Today

Don't miss this opportunity to stake your LL tokens, earn rewards and prepare for the future of LightLink. 

The sooner you stake, the more you stand to gain. The amount of tokens to be emitted for Proof of HODL is fixed. So those who join earlier will get proportionally more rewards. This is because the token emission will be shared among all stakers over time.

Visit our Proof of HODL page to start staking your LL tokens today. 

For any questions or support, please reach out to our community manager on Discord or Telegram.

Join us in building a more secure, efficient and rewarding blockchain ecosystem with LightLink's Proof of HODL program!