We also have plans to add other utilities to this Dashboard. Automated staking is often overlooked, but we find it to be more efficient than traditional staking methods. Traditional staking requires you to interact with the smart contract of a farming/staking dapp. Putting your tokens at risk if that protocol is ever exploited. In addition, the “Yield” generated by these platforms can be deceiving. They ask you to stake your tokens, so that it takes the tokens that you own out of circulation, then you “earn yield” by receiving more tokens.
This leads to many people selling tokens as quickly as they get them, driving prices down while also inflating the token supply. Most DeFi users have been tricked into believing that the only protocols worth investing in must be overly complicated concepts that use these practices. While selling them they believe that it will create wealth and passive income beyond their wildest dreams, which is not the case.
Sophisticated technology should be easy and effortless for the user. Time is the most important commodity. Crypto is already complicated enough, so why would we take up more of your time? We have prioritized Auto staking in our tokenomics in order to save people time and effort.
You will be able to buy your $RORA token and generate passive income without having to do anything, and the yield that you earn will not be through the means of token dilution or inflation, but by gaining a bigger slice of ownership as a reward for being a loyal $RORA holder.
Yield farming in its most simplified form.