An Intro to $GOT token staking
Token holders will be able to stake LP (Liquidity Pool) and $GOT tokens to earn more $GOT in return.
A total of 5,993,600 $GOT tokens will be allocated across two pools and farming will run for a period of 92 days. These pools will be created on Crunchy Network with the following attributes:
1) $XTZ/GOT LP token pool
2) $GOT token pool
$XTZ/GOT LP token pool
Individuals who provide liquidity on quipuswap will obtain LP tokens in return. These tokens can be staked in the $XTZ/GOT LP token pool on Crunchy Network for a period of 92 days to earn $GOT at a tiered percentage rate starting with 1 $GOT/per second for 23 days, 0.5 $GOT/per second for 23 days and 0.25 $GOT/per second for 46 days.
$GOT token pool
Individuals are able to stake their $GOT tokens directly on Crunchy Network for a period of 92 days to earn $GOT at a tiered percentage rate starting starting with 0.5 $GOT/per second for 23 days, 0.25 $GOT/per second for 23 days and 0.125 $GOT/per second for 46 days.
$GOT tokens earned from staking is allocated based on the individual's percentage of the total amount of tokens in the pool.
What is $XTZ/GOT LP Token Staking?
Staking of $XTZ/GOT LP tokens requires a compatible Tezos wallet containing $GOT and $XTZ.
To get started, go to the Invest tab on Quipuswap and key-in the amount of $GOT you would like to provide liquidity for. The $XTZ value will be automatically calculated and you would need to click on the Add Liquidity button at the bottom of the page to complete this step.
LP tokens will automatically be deposited to your wallet. You will now be able to stake these LP tokens in the XTZ/GOT LP pool on Crunchy Network to earn more $GOT in return.
Details on the APR for this pool and direct links to staking on Crunchy Network will be announced upon completion of our token sale, once we have provided the initial liquidity on Quipuswap.
What is $GOT Token Staking?
Staking of $GOT tokens will require you to hold $GOT tokens in a compatible Tezos wallet.
You will be able to stake your $GOT tokens in the $GOT pool on Crunchy Network to earn more $GOT in return.
Details on the APR for this pool and direct links to staking on Crunchy Network will be announced upon completion of our token sale and once we have provided the initial liquidity on Quipuswap.
