The distributed AI computing power platform DSC will launch the LP staking million prize pool event on July 28 at 8:00 (UTC+8)

With the rapid development of AI technology and the continuous expansion of application scenarios, the demand for computing resources has exploded. Distributed AI computing power, as an important technology to address this demand, is rising rapidly. Through decentralized computing resource scheduling, distributed AI computing power platforms can provide efficient and low-cost computing services, offering strong support for high-demand areas such as AI training and big data processing.

In this context, the DSC project has quickly gained widespread recognition from investors due to its innovative distributed computing power platform and outstanding market performance. Since its global debut on the MEXC exchange on June 26, the price of the $DSC token has seen an astonishing increase of 2000%, demonstrating strong market performance and high investor confidence. Recently, the DSC project released its third-quarter work plan and officially launched the $DSC-USDT LP staking million prize pool event at 8:00 AM (UTC+8) on July 28, offering an initial incentive prize pool of 1 million $DSC.

LP Staking Million Prize Pool Distribution

- Initial LP Prize Pool Information

1. Time: July 28, 8:00 (UTC+8) - October 25, 8:00 (UTC+8)
2. Prize Pool: 1,000,000 $DSC

- How to Participate in $DSC LP Staking

Provide Liquidity: Provide liquidity for the $DSC-USDT trading pair in the Pancake V2 pool by clicking here.

1. Obtain LP Tokens: After providing liquidity, users will receive a corresponding amount of LP tokens, which will be visible in the user's wallet.

2. Stake LP Tokens: Use the same wallet address to enter the DSC official website staking interface, and follow the instructions to stake the LP tokens into the staking pool to start earning $DSC mining rewards. The platform will calculate the user's $DSC rewards every second based on the proportion of the user's LP tokens in the staking LP pool.

3. Receive $DSC Rewards: User rewards are distributed instantly, and users can check the amount of $DSC rewards at any time and claim their rewards.

Basic Concepts and Operation of LP Staking Mining

LP staking mining is a common mechanism in DeFi that allows liquidity providers to stake their LP tokens obtained from liquidity pools to earn additional rewards. When users provide liquidity for $DSC and USDT on Pancake, they receive $DSC-USDT LP tokens representing their share of liquidity. By staking these LP tokens into the designated staking pool, users can earn more $DSC token rewards.

LP Staking Mining Stimulates Multiple Revenue Lock-in for Users

- Increased Earnings

By staking $DSC-USDT LP tokens, users can benefit not only from the trading fees of the liquidity pool but also from additional staking rewards. This dual-revenue mechanism significantly enhances the return on investment.

- Reduced Risk

Staking LP tokens can help users stabilize investment returns and reduce risks associated with market volatility. Through staking, users can obtain stable earnings while minimizing risks arising from market fluctuations.

- Diversified Investment Strategies

Staking LP tokens provides users with more investment options and strategies. Users can earn additional rewards through staking while retaining their share in the liquidity pool, achieving diversified investments.

Market Response and Future Outlook for the DSC Project

From the recent price trends, the $DSC token has maintained a steady increase after experiencing a 2000% rise, currently hovering around 0.085U, indicating that market demand for $DSC remains strong.

By participating in the million prize pool event, users can enjoy early mining rewards and the dividends of project development. The DSC LP staking activity is not only an important value-added channel but also a key step in promoting the further development of DSC in the fields of decentralized computing power and AI.