Silicoin will carry out deflation to the end and cooperate with Staking to make the ecology longer

Many people wonder why Silicoin's staking mechanism seems to increase farming costs, but it is loved by the majority of farmers.

First of all, the staking mechanism can help small and medium-sized farmers in a fair environment, through the investment of time and funds, obtain benefits, and contribute to the network.

In addition, staking can encourage farmers to form a large number of active buying orders in the market, driving a healthy increase in the price of SIT tokens.

Furthermore, staking will become an invisible hand. The proportion of farmers investing in staking will continue to cycle between stability and frequent changes, which will affect the supply and demand relationship and price fluctuations of tokens, and constantly adjust the operation of Silicoin's financial system, which will last for a long time.

Finally, staking is a financial tool that promotes the circulation of SIT. It’s believed that many developers of the Silicoin network will develop DeFi based on staking to form decentralized applications such as joint farming and token lending. The Silicoin team will also launch Staking Plus to complete a more secure and convenient Staking farming infrastructure.

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