This runs on a similar mechanism to Hex.
If you stake your token for the maximum of 22 years, you're promised a ridiculous return of up to 87% per year. If you bail out before the promised stake time, you lose 50% of the principle.
So the staking mechanism entices people to lock up their token for a long period of time at an unrealistic return, only to sustain a heavy hit when the price of the token inevitably crashes at some point in the future and they want to withdraw.
It's Hex in different clothing. In this case, it's they are appealing to the "freedom" crowd. But a cryptocurrency based on freedom would not require you to lock up the token for long periods of time. It would theoretically be based on facilitating private, trustless, everyday transactions. Show Less
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