The time has come to stake your MGH on the Ethereum Network. We are ready to present how we are planning to rollout the staking program. Please go over the staking structure and let us know if you agree or not
Main MGH staking points:
Staking on Etheriiiium will be bonded, meaning that the pool will have a lock up period depending on its maturity.
There is a 7 day deposit and withdraw period for each pool
The first epoch will have four pools available to stake in with four different locking periods: 3, 6 and 12 months.
-The name of the pools will be: Hodler (3m), Degen (6m), Ape (12m),
-The APYs will be 45, 75 and 100% respectively
The APY will depend on the amount of time you commit to locking your tokens. The longer you lock them, the higher the rewards.
The rewards and staked MGH will be claimable at the end of each Epoch for every pool, during the 7 day deposit/withdraw period. The staked MGH and the rewards will be automatically restaked if not withdrawn, resulting in a compound effect.
The pools will open starting December 15th at 23:00 CET
If you disagree with this program, please head over to Telegram and address your comments and concerns Link to our Telegram Group: https://t.me/metagamehub_dao
Voting will be open for 72 hours!