Great update today from Toki Finance during their monthly session in Discord.

They touched on the future mechanics of staking $Toki and how rewards will be paid out in a USD Stablecoin which is a great idea because as the info sheet shows - this lowers inflation and sell pressure, also there will be no lock up periods which gives users the ability to unstake whenever they wish to but long-term stakers will benefit from a multiplier. This method of staking is said to offer volatility resistance where staking yield is independent of token price.

Toki and their platform already ticked a few boxes for me with the single sided liquidity pools that gives depositors protection from impermanent loss and also the ability to withdraw their funds when they wish to do so but their approach towards the Toki token and the staking mechanism makes me like the project even more.

Many users and I myself have fallen into the trap of not selling staking rewards or doubling down and restaking them only for the price to fall off a cliff as whales farm to dump and you're left holding the bag, obviously if you felt Toki was going to appreciate in price or continue to pay good yield there's no stopping people buying more Toki with their rewards but enjoying some usd yield coming in from your Toki holding looks a great idea to me.

Mostly using this account for crypto stuff (altcoins & nfts) also stocks & shares.

Many users and I myself have fallen into the trap of not selling staking rewards or doubling down and restaking them only for the price to fall off a cliff as whales farm to dump and you're left holding the bag, obviously if you felt Toki was going to appreciate in price or continue to pay good yield there's no stopping people buying more Toki with their rewards but enjoying some usd yield coming in from your Toki holding looks a great idea to me.

https://toki.finance/point-program?ref_code=5UBGCT