NEW STAKING POOLS & HOLIDAY CRATES Attention: The new st | MicroPETS Announcements **WE DONT DO AIRDROPS**

NEW STAKING POOLS & HOLIDAY CRATES

Attention: The new staking pools will be live on 12/9/2021!
We will have three new staking pools…

Pool 1 will have no lockup and you will be able to stake/unstake freely. However, the APY will be lower in this pool.

Pool 2 will have a 15 day lockup with a mid-range APY.

Pool 3 will have a 30 day lockup with the best APY.

Staking a new NFT in a lockup pool will cause that lockup timer to restart

After the lockup completes, you will keep earning rewards. When you claim the rewards, the lockup restarts again. You can still unstake your NFT’s from a pool and sell them on the marketplace at any point in time. Claiming early is possible, however incurs a 50% tax and resets the lockup period.

In preparation of the new pools, you will:

– Wait until the update is launched
– Click the button on the dApp to unstake all NFT’s from the old pool (1 transaction) and claim rewards
– Select your respective pool and begin staking

We will stop the emission on the old pool and the new pools will produce no rewards initially.

Over the next several days post-launch we will be dialing up the rewards to get them to proper APY’s. We cannot simply fill the pools immediately as then the people first staking would absorb a large amount of the rewards. This is done in fairness to all!

The Holiday crates will launch right alongside this update!

Saint Nick, Ryan, Tony & the MicroPETS Team