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Staking
Stake tokens and earn partner tokens!
There are two types of staking within the Game X Change Ecosystem. NFT Staking backed by Partner tokens and $GXP staking!

NFT Staking

Users are able to stake NFTs purchased from the Game X Change marketplace and back them with partner tokens to earn $GXP.
Each pool has its own reward rate depending on the value of tokens, any multipliers, and price of the backed token. Rewards are provided to users of pools every 3 days.
What Is backing NFTs?
Backing is the term when you combine an NFT with tokens to increase its value and increase your reward.
Users are able to combine NFTs + various tokens in order to earn $GXP.
In order to save gas for users, staking rewards are provided every 3 days. Please see below for staking terminology: Deposit: The required assets that can be staked in the selected pool
Earn: The amount a user can earn per asset every 3 days
Earned: The amount eligible to be claimed
Token % Earn per year: The % reward earned if the asset and pool were active for 365 days.

$GXP Staking (To be announced)

Users are able to stake $GXP in order to receive partner tokens from games that are listed on the platform.
Each pool has its own reward rate depending on the value of tokens, any multipliers, and the price of $GXP.
Unstaking fee
  • 3.5% if you unstake (withdraw) within 72 hours.
  • After 3 days, you can unstake with no fee.
  • The 3-day timer resets every time you manually stake more $GXP in the pool.

How can I run NFT Staking for my project?

Application forms for NFT staking will open soon.
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Outline
$GXP Staking (To be announced)