💵Staking

More and more people are looking for new ways to make money while having fun, and with traditional forms of work becoming increasingly scarce, people have found a new-age alternative.

Due to the relatively high rewards for staking cryptocurrencies and NFTs, many people have turned to this investment to supplement their income. While PolkaFantasy believes DeFi is an innovative and potential service leveraging on the merits of blockchain technology, not much success have been proven because many projects have taken aggressive stance on providing unsustainable APY via staking.

At PolkaFantasy, our team is prudent to maintain sustainablility.

This philosophy will be reflected in our approach of staking by making it scalable horizontally, without being aggressive at attracting short-term speculators. In other words, we value maximum multiplier by embracing the whole community, but not making ponzi-like structure that is unfair to majority of the community.

PolkaFantasy is here for a long journey with the community.

Token

PolkaFantasy native token $XP will be available for staking at FantasyPad.

Our team has integrated staking into our launchpad for the reason that it offers staking dual purposes.

When users choose to stake via our FantasyPad, the staking per se is not the sole purpose; it also becomes a mean to help to scale up PolkaFantasy ecosystem in a meaningful and rewarding way.

At initial launch, FantasyPad will offer multiple tiers with different upper cap and APY. Tiers also serve as different ranks of membership to join our partnered projects.

More details will be announced later.

Land

If you own land in the FantasyLand metaverse, then you are eligible to collect rewards from staking your land.

Land staking is open periodically to make sure we have a well balanced and long-term economics.

Usually the rewards for staking are based on the number of days that your land has been staked out. Maximum number of days are fixed for different tiers; after this period ends, the reward will be paid out automatically. You can refer to the land staking section for more information in future.

Character

Users can collect, trade, and play with their favourite NFTs. The PolkaFantasy team knows that the ecosystem needs to be more than just a place where people can earn free stuff. It's a place where you can contribute to the digital nation—where everything is more incentivized, and everyone is working together toward a common goal of changing the play-to-earn-games industry.

So, starting now and over time, we'll be adding engagement and gameplay requirements to claiming rewards. In other words, character staking, and any other future experiences, will evolve towards requiring active gameplay and ecosystem contributions to receive rewards. This will help us align incentives with what's best for everyone involved—and make sure that rewards are encouraging actions that are adding concrete value to our digital nation.