2️⃣Deploy Rewards Token (ORC-20)

In the next step, we will deploy an ORC-20 token to serve as the rewards token.

Example:

{
  "p": "orc-20",
  "tick": "any tick",
  "name": "any orc-20 token"
  "op": "deploy",
  "max": "11000000",
  "lim": "1000",
  "dt": "brc20-staking",
  "res":"100000",
}
Key
Required
Description

orc-20 field

yes

Rewards Token must comply with the orc-20 protocol, and add two custom keys to the orc-20 protocol: dt, da The rewards token needs to adhere to the ORC-20 protocol and includes two additional custom fields, "dt" and "res," as specified by the ORC-20 standards. It is important to note that the "lim" field must be set to 0, indicating that the token cannot be minted and can only be forged through staking.

dt

yes

Distribution Type: token distribution type other than mint

da

yes

Distribution Amount: the total amount of tokens issued through the distribution type, this field and max field together are the actual total amount of tokens

res

yes

Reserve: The amount reserved by the team, which will be minted directly to the address holding the deploy inscription after deployment.

circle-info

💡 The rewards token belongs to the orc-20 protocol and incorporates custom fields dt and res. Please ensure to securely store the deployment inscription of the rewards token, as only the address holding this deployment inscription can deploy a staking pool.

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