2021-12-10 00:24:54
NEW STAKING POOLS AND HOLIDAY CRATES LIVE
Major changes:
– Three new staking pools to drive longevity of the project
– Christmas crates now live!
– Season 1 no longer available for purchase
The below APY’s are based on the most common NFT.
Pool 1 has no lockup and you will be able to stake/unstake freely. Target APY %: 70.
Pool 2 has a 15 day lockup. Target APY %: 140%.
Pool 3 has a 30 day lockup. Target APY %: 200%.
We will be on voice chat to answer questions from the community.
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.
To enter the new pools, simply:
– 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
– A button has been added to enable people to stake their entire inventory of pets into a pool of their choosing in just one transaction
The old pool will no longer produce rewards as it’s been disabled.
Tomorrow 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 are now live as well and will be released in limited quantities!
There will be just 2,000 available for 125,000,000 PETS tokens!
Odds:
Akita Elf: 40% (Common)
Snow Kishu: 30% (Uncommon)
Holiday Hokkaido: 20% (Rare)
Reindeer Shiba: 8% (Epic)
Saint Nick Micro Shiba: 1% (Legendary)
Hoge Grinch: 1% (Legendary)
Saint Nick, Ryan, Tony & the MicroPETS Team
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