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Dione Protocol Launches Staking V1 on Odyssey Chain

Dione Protocol Launches Staking V1 on Odyssey Chain

Dione Protocol has launched Staking V1 on Odyssey Chain. The program offers 6- and 12-month terms, 100M $DIONE in rewards, NFT-based reward boosts, and a 15-day participation window.

Image of Tanishq BodhTanishq BodhNews

Mar 28, 2025

Written By Tanishq Bodh

Author: Tanishq Bodh

Written On: Fri, 28 Mar 2025 15:04:42 GMT

March 28, 2025 – Dione Protocol has introduced its Staking V1 program exclusively on the Odyssey Chain. The initiative offers fixed-term staking options and additional rewards for users holding specific NFTs.

Program Structure and Token Limits

Users can now stake their $DIONE tokens for either 6 months or 12 months. They must select a term before initiating staking, and the choice remains locked throughout the duration.

  • Minimum stake: 500 $DIONE per wallet
  • Maximum stake: 5,000,000 $DIONE per wallet
  • Base reward: 1% per month, credited at the end of the selected term

The protocol has allocated 100 million $DIONE for distribution as staking rewards under this version.

How NFT Boosts Work

Participants who hold Elysium88 NFTs can increase their staking returns. By bridging these NFTs to Odyssey Chain, users receive a reward boost:

  • 0.2% extra per NFT per month
  • Up to 5 NFTs per wallet
  • Holding 5 NFTs throughout the term effectively doubles the reward rate

To activate the boost, users must bridge their NFTs through the official portal: portal.dioneprotocol.com/nfts/bridge

Unstaking Rules and Reward Forfeiture

Although early unstaking is allowed, users who withdraw before their 6- or 12-month term ends will not earn any rewards. However, they will retain their original stake without facing penalties.

Limited-Time Staking Window

The staking window remains open for 15 days starting March 28, or until the 100 million $DIONE reward pool runs out. Because of this limited window, early participation can help secure rewards.

Once a user stakes, they cannot change the duration. Therefore, it’s important to decide the term beforehand.

Security and Access

Halborn, a recognized blockchain security firm, audited the staking program. Interested users can review details and access the platform via the official portal: portal.dioneprotocol.com/staking

If you want to read more about Dione Protocol, Visit the Altcoin Arena.

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In this article

Program Structure and Token Limits

How NFT Boosts Work

Unstaking Rules and Reward Forfeiture

Limited-Time Staking Window

Security and Access

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