TELO-KE

Project Description: TELO-KE Staking DApp

Problem Statement

The decentralized finance (DeFi) ecosystem is rapidly growing, but many staking platforms suffer from high transaction fees, limited flexibility, and lack of integration with emerging asset classes like NFTs. Users and administrators need a secure, scalable, and user-friendly staking solution that bridges DeFi with digital collectibles while maintaining transparency and control.

Solution

TELO-KE is a next-generation staking DApp built on Telos EVM, designed to address these challenges head-on. Our platform enables users to stake tokens (fungible and ERC721 NFTs) and earn rewards efficiently, while providing administrators with granular control over staking parameters. By leveraging Telos EVM’s high throughput, low fees, and eco-friendly infrastructure, TELO-KE delivers a seamless and sustainable staking experience.

Key Features

1. Dual Staking Support:

• Stake fungible tokens or ERC721 NFTs to earn rewards.

• Flexible reward calculations based on staking duration and configurable parameters.

2. Dynamic Admin Controls:

• Admins can deposit/withdraw reward tokens and adjust rewards per unit time or time units to optimize the staking pool.

• Role-based access ensures secure management of critical functions.

3. Transparent and Trustless:

• All staking actions (stake, withdraw, claim rewards) emit on-chain events for full auditability.

• Real-time tracking of rewards and staked assets through intuitive interfaces.

4. Telos EVM Integration:

• Built on Telos EVM for near-instant transactions and near-zero gas fees, making micro-staking economically viable.

• Scalable architecture supports high user adoption without compromising performance.

Technical Implementation

• Smart Contracts: Modular Solidity contracts with OpenZeppelin standards for security and upgradability.

• Role-Based Access: Utilizes DEFAULT_ADMIN_ROLE to manage permissions for critical functions like reward distribution and parameter updates.

• ERC721 Compatibility: Supports staking of NFTs, unlocking new use cases for digital collectibles in DeFi.

Why TELO-KE Stands Out

• NFT + DeFi Synergy: Uniquely bridges the NFT and DeFi ecosystems, allowing users to earn rewards from idle NFTs.

• User-Centric Design: Simplifies staking for beginners while offering advanced controls for power users and admins.

• Sustainability: Telos EVM’s energy-efficient consensus mechanism ensures the platform is eco-friendly.

Deployed Contracts:

• NFT Contract: 0x02AbaD9BC6e319bfBB30042D30396198621144B1

• Reward Token: 0x041914f809943ad74dF30856dF70735f7D207B85

• Staking Contract: 0x30FD4D943dfB797106cE0c1506bB0dC9F2b5F413

Impact and Future Vision

TELO-KE aims to democratize access to decentralized staking, empowering both crypto enthusiasts and NFT collectors to unlock value from their assets. Future plans include:

• DAO Integration: Community governance for staking parameter adjustments.

• Cross-Chain Support: Expanding to other EVM-compatible chains.

• Gamification: Introducing tiered rewards and leaderboards to enhance user engagement.

Built for the Future

TELO-KE is not just a staking platform—it’s a gateway to a more inclusive and innovative DeFi ecosystem. By combining Telos EVM’s technical prowess with a focus on usability and flexibility, we’re paving the way for the next wave of decentralized finance.

Join us in redefining staking—one transaction at a time! 🌟