The War Chest
The War Chest is a permissionless staking pool which allows participants to stake ERC20 tokens ($USDT, $USDC, $ETH and more to come) to the Long Dragon Protocol for a 30 day period. Inside of this 30 day period Long Dragon Protocol will utilize these funds in a multitude of ways across DEXs and CEXs and add some, all, or more of the initial War Chest staked funds at the end of the staking period. These funds would then be claimable by War Chest stakers. The array of things the Long Dragon Protocol can/will use the staked tokens for is extensive and would be an exhaustive list to place onto a document. Long Dragon Protocol is quite sophisticated in market participation and aims to have a healthy long-term relationship with all who choose to participate in this part of the Long Dragon Protocol. In the War Chest, upon completion of the staking period, as there are more funds than initially entered, a portion of these funds will be distributed into $LD Primary Staking Pool rewards as well.
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