Blockchain Staking Integration
Last updated
Last updated
The DecentrAgri app incorporates seamless Ethereum-based staking capabilities, allowing users to participate in decentralized finance (DeFi) without leaving the farming ecosystem. This feature is designed to reward users not only for contributing agricultural data but also for engaging with the platformβs broader token economy.
The Staking tab presents a simple and intuitive layout that enables users to convert ETH into rswETH β a yield-bearing, restaked version of ETH. This functionality is powered by integration with the Swell Network's restaking ecosystem, bridging real-world agricultural activity with on-chain financial utility.
Key interface components include:
ETH Wallet Balance β Displays the userβs available ETH.
Stake Input Field β Lets users define how much ETH to restake.
Live Conversion Preview β Shows how much rswETH will be received.
APR and Exchange Rate β Displays live annual percentage rate and the current rswETH-to-ETH ratio.
Transaction Fee Notice β Highlights cost transparency (in this case, Free).
To further incentivize meaningful engagement, users who consistently submit farm data scans receive a boost on their restaking APR. This mechanism:
Rewards users for being active data contributors.
Links on-chain financial benefits with real-world environmental insights.
Encourages sustained participation from farmers and agricultural stakeholders.
For example, users who submit verified sensor data regularly (e.g., daily or weekly) may receive tiered APR boosts, compounding their rewards over time.
The staking interface provides real-time updates for:
USD value of staked ETH
Amount of rswETH received
Applicable bonus APR (if user qualifies)
Exchange rate, displayed for transparency
This system ensures that DecentrAgri is not just a passive wallet or sensor dashboard β it's a full-fledged Web3 farming platform that:
Enables farmers to grow yield both on land and on-chain.
Makes data contribution profitable through financial rewards.
Strengthens the link between agriculture and decentralized finance, creating a self-reinforcing incentive loop.
By restaking ETH and actively contributing environmental data, users become both stewards of the soil and stakeholders of the chain.