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  1. Products
  2. StaKing Pool

How to Create a Staking Pool through a Decentralized Proposal?

PreviousHow to Use Staking Pool to Earn Rewards?NextPools

Last updated 9 months ago

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Hello, IC project team,

Our new Staking Pool feature has been made available to IC project teams. It includes a service fee parameter. The ICPSwap team will not charge any pool creation fees and will cover the costs of cycle consumption and maintenance. However, we will charge a 5% service fee on the earnings of users in the Staking Pool pool. This service fee will be used to buy and burn ICS, promoting the deflation of the $ICS token. This approach benefits ICS by reducing the total supply!

Currently, if you need to create a Staking Pool, please contact "contact@icpswap.org" for assistance. In the future, we will set up a frontend for creating Staking Pool and update the tutorial.

Please review the first proposal for creating a Staking Pool through a decentralized proposal:

https://nns.ic0.app/proposal/?u=csyra-haaaa-aaaaq-aacva-cai&proposal=130