Staking Tiers
Where Participation Unlocks Privilege
Overview
The Checks Platform introduces a staking tier system designed to reward commitment and strengthen participation. Users stake $CHECK by minting Staking Checks, which place them into tiers that unlock progressively greater rewards, governance rights, and exclusive benefits. This approach scales incentives with the level of commitment and draws on proven practices across DeFi platforms. Holders who stake larger amounts of the native token gain enhanced returns, greater governance influence, and access to unique privileges that encourage long-term alignment with the platform’s growth.
Tier Structure
The system defines six levels, ranging from the introductory Bronze to the rare Chairman. Each tier is represented by a unique badge, offering a clear and recognizable way to identify user status within the ecosystem. Progression through these tiers reflects a user’s overall staking commitment, reinforcing both their influence in governance and their share of rewards.
Tier 1 — Bronze
Staked $CHECK: 1 - 999,999
Governance Voting Rights
Tier 2 — Silver
Staked $CHECK: 1,000,000 - 2,499,999
Governance Voting Rights
1.5% Platform Rewards
5 Weeks Staking Maturity
Tier 3 — Gold
Staked $CHECK: 2,500,000 - 9,999,999
Governance Voting Rights
3.5% Platform Rewards
4 Weeks Staking Maturity
Enhanced Staking Benefits
Tier 4 — Diamond
Staked $CHECK: 10,000,000 - 24,999,999
Governance Voting Rights
7.5% Platform Rewards
3 Weeks Staking Maturity
Enhanced Staking Benefits
Paychain Private Sale Eligibility
Tier 5 — President
Staked $CHECK: 25,000,000 - 49,999,999
Strategic Governance Authority
12.5% Platform Rewards
2 Weeks Staking Maturity
Enhanced Staking Benefits
VIP Executive Benefits
Paychain Private Sale Eligibility
Tier 6 — Chairman
Staked $CHECK: 50,000,000+
Strategic Governance Authority
25% Platform Rewards
1 Week Staking Maturity
Enhanced Staking Benefits
VIP Executive Benefits
Paychain Private Sale Eligibility
Reward Distribution
Half of all platform fees and generated revenue is shared with users holding Staking Checks. Rewards are distributed proportionally based on the total amount staked and the corresponding tier, ensuring that larger commitments secure greater participation in platform growth. Tiers are calculated by combining all Staking Checks held by a user, so holding ten checks with 1 million tokens each is treated the same as holding a single check with 10 million tokens.
Benefits Breakdown
Each tier unlocks a unique mix of privileges that combine financial incentives, governance power, and exclusive opportunities:
Governance Voting Rights: Ability to vote on proposals and platform changes.
Platform Rewards: Percentage share of platform fees and revenues.
Staking Maturity: Defined period before rewards begin accruing.
Enhanced Staking Benefits: Additional rewards such as NFTs, $CHECK allocations, or partner tokens.
Strategic Governance Authority: Heavier weight in decisions and ability to propose initiatives.
VIP Executive Benefits: Premium perks including reduced fees, early feature access, and private community invitations.
Paychain Private Sale Eligibility: Special access to the Paychain ($PAY) private sale, a future blockchain developed by Paycheck Labs.
These benefits establish a clear progression where each additional commitment unlocks greater participation and influence. The tier system not only drives demand for $CHECK but also aligns user incentives with the platform’s long-term growth and security.
Last updated