DOCK token — powering Web3’s identity layer
DOCK is the native token of Dock’s blockchain network that is used to transact, incentivize, and vote in its ecosystem for Decentralized Identity.
DOCK token for decentralized future
The DOCK token was created to empower a future internet built with identity ownership, privacy, and trusted data at its core.
DOCK tokens have a fixed supply which makes it more scarce and has the potential to preserve its value.
Sustainable Release Schedule
DOCK tokens’ release schedule slows down overtime, providing robustness of the ecosystem through larger rewards in the early years, and sets the network for long-term success
Stake and Earn
Dock offers exciting staking opportunities for token holders to earn passive income by locking up their tokens and helping to secure the network, earning rewards for their contribution.
Fueling and securing Dock’s network
Every Decentralized Identifier created or a Verifiable Credential anchored on the Dock blockchain is a transaction that incentivizes block producers for their contributions.
The utilities of the DOCK token can be divided into 3 main categories:
Any DOCK token holder can participate via open proposal submission, voting on the direction of the network, and electing board members to the Dock Association.
DOCK tokens are required to process operations on the Dock network including creating decentralized identifiers (DID), revoking and anchoring credentials, and creating schemas to structure credentials.
Staking and Validating
Stakers can stake their tokens and nominate others on their behalf. The network selects validators based on their stake and distributes rewards to both validators and nominators.
How to buy DOCK tokens?
DOCK tokens can be purchased on various platforms and exchanges. Buy and HODL DOCK to become a part of Dock’s Web3 and Decentralized Identity ecosystem.
Our collaboration with Transak offers the simplest mechanism to buy DOCK tokens across 60+ countries including the UK and India. Sign up on Transak and follow the steps on the widget.
Note* - The Transak integration is not available in the United States, China, and other select countries. View list of supported countries
How to stake DOCK tokens?
There are two ways to stake DOCK
Stake Dock on the world’s leading exchange in 3 simple steps:
- Buy DOCK on Binance
- Stake them on Binance Earn on Locked or Flexible plan
- Earn DOCK rewards daily
Dock’s Staking Platform
Stake Dock natively using the Dock Staking Platform to directly participate in block validations and earn emission rewards without relying on centralized exchanges
How to store DOCK and keep it safe?
Dock Association treasury
Validator emission rewards
Tokenomics and distribution
The total supply of DOCK token is 1 billion. Each year, the network will release 25% of the remaining supply at most and the released tokens will be equally distributed across epochs, each of which lasts 10 days.