Ageio Stagnum

A decentralized staking platform for the Theta Network to earn passive income and distribute rewards. Stake any amount Theta, even less than 1000, and earn both TFuel and AGT rewards.

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Inspiration

There was a distinct need to lower the entry barrier for staking into the Theta Network. When this idea was made, Theta required 10,000 Theta Tokens to stake to a Guardian Node. Now the requirement is 1,000, however it is still an investment that is difficult for many to achieve.

What it does

Ageio Stagnum is a decentralized platform that allows users to stake their Theta tokens in pools and earn rewards in Tfuel and AGT tokens. The platform also charges a fee for facilitating decentralized staking, which is used to benefit Ageio token holders through buybacks. By staking Theta on Ageio Stagnum, users can contribute to the decentralized network while earning rewards for their participation.

How we built it

We built it using Solidity and are currently undergoing Certik audits to strengthen our product and earn trust of users.

Challenges we ran into

It was very difficult to lower the staking requirements, we tried many different ways, but nothing was really a good solution as we had to take possession of a user's Theta tokens. Since Theta enabled Wrapped Tokens, that's no longer the case. We are able to stake via smart contracts, thus providing a more secure and trust based system.

Accomplishments that we're proud of

We are proud of the fact that we have a fully functional Defi Platform and are the first to provide such a platform on the Theta Network.

What we learned

It's not as easy as we hoped it would be.

What's next for Ageio Stagnum

A public launch.

Built With

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