Staking
Last updated
Last updated
After we release the GYC/USDC liquidity, you will be able to receive LP-token rewards, with which you can stake those or withdraw your GYC/N-GYC token. The annual staking calculation is as follows:
The daily staking reward is 86400 * 13% / 68% = 16,517.65, and according to each user’s staking amount, the staking is effective after 24 hours of deposit.
You can stake your GYC coins for staking rewards. The revenue source consists of 15% of the daily block generation and 95% of the GameYoo platform's daily revenue. Your revenue will depend on your staked amount, and the pool's total staked amount.
We won’t provide N-GYC liquidity pools, it will be decided by the market and users.
Users can only get N-GYC by staking GYC.
A specific amount of N-GYC is burned everytime a user place an NFT on the market.