chuta / edcoin Goto Github PK

Our DAO project is launching soon and we will like to create an NFT create/ mint and sell marketplace for the community. We already have a Staking and Liquidity mining Protocol where our users can earn based on their participation in the platform.
We will like to create, in addition, an NFT Marketplace like Opensea where our users can easily create their own NFTs (Crypto Artworks, Collectibles, Real Estates, Fan token) and sell them in the marketplace.
Since we already have the testnet Dapp here: https://web-dapp-bnug.vercel.app/ we will like to maintain the team/ template accordingly.
Users can also use their NFT game assets to play any of the games on the GameFi platform.
Abilities and experiences we need...

• Experience and knowledge with smart contracts
• Experience and knowledge with NFT minting
• Experience and knowledge with Ethereum Blockchain and Binance Smart Chain
• Experience and knowledge with Metamask integration
• React.js knowledge

We need you to do all the backend to launch the platform.

Skills Required
React.js
Non-fungible Tokens (NFT)
Smart Contracts
Binance Smart Chain
Metamask

EDCoin Staking project will consist of three (3) parts.
• The Staking Contract
• The Web Interface (Dapp)
• The Mobile App Integration

To build the EDCOIN staking contract mechanism we will need:
• A staking Erc20 token contract – availabe!
• Data structures to keep track of the following:
1. Stakes
2. stakeholders and
3. Rewards.
• Methods to create and remove stakes.
• A rewards system.
• Staking duration
• Total available EDCoin Tokens for Staking Purposes.

A stake at its simplest form will need to record the stake size and the stake holder. For this we will need to impliment SafeMath and Ownable functions.

In implementing the EDCOIN Staking feature, we are going to give EDCOIN holders the capability to create and remove stakes. We will burn the tokens as they are staked to stop users from transferring them until the stake is removed.

How it will all work

Users (EDCoin stakers) provide EDCOIN as collateral when participating in the consensus process. In exchange for providing EDCOIN, users receive multiple rewards. The primary reward is in the form of additional EDCOIN tokens.

• STAKE rewards: EDCOIN is minted from the EDCOIN Stake Distribution pool, as a reward based on the amount of STAKED EDCOIN placed in the protocol. 
• Target Reward range: ~15% APR. 
• An EDCOIN STAKE transfer fee is also assessed when a user removes their STAKE from the stake (typically at the end of staked period). 

Staking Duration and Reward (Sugested)
6 months
12 Months
24 months

Higher stakes will attract higher returns. Low stakes, Low returns!

Other features that can be added
• Referal bonuses
• Exchange listing of EDCoin

We are hoping that our DApp result should be similar to https://stake.lid.sh/ and https://app.mantradao.com/staking whose UI we also want to adopt.