The Alliance module is designed to enhance the Furya blockchain by enabling staking of external assets. This module allows various tokens, aside from the native FURY token, to be staked and earn rewards, fostering greater interoperability and value accrual within the ecosystem.
Alliances refer to partnerships with other blockchains or projects, allowing their native tokens to be staked within the Furya network. These alliances expand the utility and reach of the Furya ecosystem.
External assets can be staked using the same mechanisms as native FURY tokens. Validators and delegators can participate in staking, earning rewards proportional to their stakes.
Rewards are distributed based on the staking ratio and the type of asset staked. The module ensures fair distribution and supports multiple asset reward types.
External assets integrated through the Alliance module are subject to Furya’s governance. Token holders can propose and vote on changes, ensuring a decentralized and community-driven approach.