Created by @Le7el
Steps:
- 1. Log in to your account at le7el.com
- 2. Make sure you’re on the Polygon network and connected with the wallet that holds your $L7L tokens
- 3. Navigate to Users settings -> Staking
- 4. Enter the amount and click “Stake”
Please note: Your stake has a 32 day unstaking period. Staking rewards are instantly withdrawable with no vesting. You must have claimed $L7L from your Avatar or through one of our claiming quests to stake. To see your $L7L tokens in your wallet, add this token address for Polygon: 0x84a431bd2c958414b2e316cedd9f85993ace5000.
What are the $L7L staking rewards?
It depends on the competition in the pool. We’re allocating 1M $L7L every quarter to the staking pool. The pool might be increased or decreased based on participation and reward rates, to ensure attractiveness, sustainability and fairness. Rewards are given proportionally to your stake.
What are the $PXP staking rewards?
$PXP is our non-tradeable leveling token for Avatar holders that you earn from performing quests and now - staking $L7L. The higher your level, the more you earn from the network incentives every month. You can mint an Avatar here.
- 100 - 999 $L7L 250 $PXP
- 1000 - 9 999 $L7L: 1000 $PXP
- 10 000 - 49 999 $L7L: 2000 $PXP
- 50 000 - 99 999 L7L: 4000 $PXP
- 100 000 - 199 999 $L7L: 6000 $PXP
- 200 000 - 399 999 $L7L: 8000 $PXP
- 400 000 $L7L and over: 10000 $PXP
Please note: The 1st every month, starting December 1st 2024, a snapshot is taken of $L7L staked by your wallet, and rewards are paid out within 1 week after the snapshot according to the schedule above. Claim button will show up on this page if you have unclaimed $PXP rewards. These incentives will only last a few months after TGE, it's not a permanent arrangement as we long term don't want it to be easier for rich holders to level up. Also note our unstaking period makes it impossible to game the staking pool.