Staking Legends: Level Up Your Game with PLYR’s New Staking Pools
The PLYR community has been eagerly awaiting this moment, and we’re excited to say: we did it!
After much anticipation, we’re proud to introduce our most innovative staking system yet: Staking Legends. In line with our commitment to gamifying every aspect of the PLYR ecosystem, we’ve taken staking to a whole new level. Now, it’s not just about earning rewards, it’s about leveling up, unlocking unique NFTs, and staking your claim as a true legend in the PLYR universe!
What is Staking Legends?
Staking Legends is more than just a staking pool. It’s an epic adventure where the longer you stake your tokens, the more powerful you become. We’ve designed this system to be as engaging as your favorite RPG, but with real rewards.
There are no locks or fees with Staking Legends. Instead, it uses a rank-based system, where your commitment to staking is rewarded with unique NFT cards airdropped directly to your wallet. These NFTs aren’t just collectibles; they will be integrated into a future game where the community decides the rules. This means your staking efforts could help shape the future of PLYR gaming.
How Staking Works
As you stake your tokens, your rank increases every 10 days. With each upgrade in rank, your APR (Annual Percentage Rate) also increases, giving you even greater rewards. Here’s a breakdown of how it works:
- Level Up Every 10 Days: For every 10 days of staking, you rank up. Each new level brings a unique NFT card, and your APR increases accordingly. The higher your rank, the bigger the rewards.
- Strategize and Play Smart: The system rewards strategic staking and careful planning:
1. Upgrade Cards Every 10 Days: To level up, you need to stake a minimum number of tokens, which varies depending on the pool and token.
2. Sign to Rank Up: Every 10 days, you must sign a transaction to upgrade your rank. The higher you climb, the better your rewards.
3. Penalties: If you claim or exit the pool, your rank resets to Level 01. If you top up your stake, you’ll drop by 3 levels. However, if you have a PLYR[ID], the penalty is reduced to a 2-level drop.
4. Cluster Bonuses: If you deposit your rewards from Clusters, there’s no penalty. This means you can top up without losing any rank.
5. Retroactive Rewards: Your total rewards are calculated at the time of claiming. If you’ve upgraded your rank to achieve a higher APR, that rate applies retroactively to your entire staking period.
Our First Two Staking Pools
At the launch of Staking Legends, we’re introducing two exciting pools:
1. Galactic Conquest: Stake PLYR to earn more PLYR. This pool lets you explore the vastness of the PLYR universe as you stake and earn.
2. Keep of Wealth: Stake GAMR to earn more GAMR. Venture into the Keep of Wealth and accumulate riches as you increase your rank.
Why Staking Legends is More Than Just Staking
PLYR is about more than just staking; we’re building a complete gaming ecosystem where every action has purpose. Whether you’re staking, earning airdrops, or managing Clusters, your contributions will shape the world of PLYR.
NFTs with a Purpose: Each rank in Staking Legends is tied to an NFT card that not only represents your progress but also holds future value. These cards will play a key role in a future game where the community decides the rules and gameplay. Your NFT is more than just a collectible; it’s your ticket to participate in the creation of a new gaming experience.
Card level Lock Mechanism
Throughout the entire staking period, your NFT cards will be locked to your wallet and cannot be transferred. Once the staking pool ends, the NFT cards will become tradable, allowing you to freely trade, sell, or hold them based on your preferences. This ensures the NFT’s value is tied to your staking journey and its eventual release adds another layer of excitement.
How to stake
1- Access https://plyr.network/staking/
2- Choose the pool you want to participate in.
3- Click “Top up my Stake” to start staking and choose amount to stake
4- Now you can view your NFT level, the time left before the next upgrade, your current APR, your PLYR[ID] if active and other stats.
5- Once the timer expires, click the Level up button to upgrade your NFT and increase your APR
6- From there, you can decide to: top up your stake which includes a 3 level decrease (or a 2 level decrease if a PLYR[ID] is active), or claim your rewards or even exit the pool, which both includes a reset to level 1.
Join the Adventure: Staking Legends transforms staking into a game of strategy and progression. It’s a system designed for those who love both gaming and earning rewards. This is just the beginning, and the best is yet to come.
Start staking today, level up, and become a true legend in the PLYR universe!
Official Website: https://plyr.network/
Official Twitter: https://twitter.com/OnPlyr
Official Whitepaper: https://whitepaper.plyr.network/
Official Telegram: https://t.me/plyrchain
Official Discord: https://discord.gg/plyr
