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.
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.
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.
The protocol has allocated 100 million $DIONE for distribution as staking rewards under this version.
Participants who hold Elysium88 NFTs can increase their staking returns. By bridging these NFTs to Odyssey Chain, users receive a reward boost:
To activate the boost, users must bridge their NFTs through the official portal: portal.dioneprotocol.com/nfts/bridge
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.
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.
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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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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