How does the staking work?

[nelly333]

As I know, the EXIP ecosystem is custom built to meet the needs of individuals, the private sector and government agencies. They provide excellent service to their clients.

Domain names give your business instant credibility and put you in the same online marketplace as your biggest competitors. It says it means business and helps online shoppers and customers see you as an advanced company with convenient online access.

EXIP is designed to decentralise the internet and overcome monopolistic control over domain names and Top-level domains. A Blockchain DNS solution where an agnostic NFTs prefered by you identifies your domain & Top-Level Domain.

This is a great platform for decentralizing the Internet and overcoming exclusive control of domain names and top-level domains.

EXIP ecosystem

EXIP ecosystem is custom built to the needs of any individual, private or government institution. In the future, based on the way the world is moving with blockchain and decentralisations, we need all aspects of the project to be decentralised, and we don’t need anyone to control the internet or monitor it in the future but the community.

We will build this project where all the users will be treated with equal access power. Anyone can create Top-level domains or domains that the ownership will be identified through Non-fungible tokens.

How does the staking work?

When a user purchased a domain

ü  21% of the purchase price will be staked for EXIP token owners

ü  40% will go to the EXIP ecosystem

ü  19% for node runners

If the TLD owner allowed, anyone can create a domain under that TLD, and every time they create

ü  21% of the purchase price will be staked for EXIP token owners,

ü  10% will go to TLD owner,

ü  40% will go to the EXIP ecosystem

ü  19% for node runners

When a user auctioned a Domain

ü  Domain Auction 70% to the domain owner

ü  20% to the TLD owner

ü  5% stake to the EXIP token holders

ü  5% to the EXIP ecosystem

When a user auctioned a TLD

ü  80% to the TLD owner

ü  10% stake to the EXIP token holders

ü  10% to the EXIP ecosystem

EXIP Token

EXIP token is an agnostic usage & governance token releasing initially based on the Binance chain. EXIP tokens will be used to buy, sell, and auction domains & top-level domains, while token holders will get staked when domains & TLDs are purchased & auctioned.

Token holders have the voting power to seize or revoke any domain or a TLD if the community decides it should not exist.

This is a great way to attract investors  to your crypto investment site.  

For more info you can simply visit at www.exip.live