$LFG Staking Now LIVE — Gamerse’s Guide!

3 min readJan 20, 2023

$LFG Single-Asset Staking program is now live on Polygon and BSC!

💰Start earning a passive income on your $LFG by heading over to Staking.Gamerse.com

What is staking?
Staking rewards are similar to dividends in a stock market account in that they are passively earned through the ownership of the asset (stock or crypto). Staking involves locking up your crypto assets, in this case $LFG, for a set period of time to help the operation of a project or blockchain. This period will differ from one staking pool to another. The current $LFG SAS pool will be for 60-days, with a 50% penalty incurred on rewards withdrawn before 20-days. In return for staking your $LFG, you earn more $LFG. LFG!🚀

What are the benefits of staking your $LFG?

  • Earn passive income🤑 Staking is a great sure-fire way to earn rewards for holding your $LFG. With the launch of the full Gamerse platform approaching, its very unlikely you will be selling your $LFG bag in the immediate future. Staking lets you earn a passive income, thereby maximising your returns on your investment. Without staking, you would not have generated this income from your investment.
  • Gamerse Anime NFT Avatar🤠Each wallet that stakes a minimum of 50,000 $LFG will receive an Anime edition Gamerse NFT Avatars. These will serve as your profile picture and grants it’s holders a “Gamer” verified checkmark on the Gamerse platform.
  • Easy to get started😎 Staking your $LFG is as easy as 1,2,3 (not quite but almost!). Check out our step-by-step tutorial. Please note that the current staking programme now includes both BSC and Polygon pools!
  • Support your favourite project👀 Staking your $LFG has the added benefit of aiding in the maintenance of a healthy, stable and predictable token economy. This is great news for Gamerse as a project, your fellow Gamers👾 and in the long run, your $LFG bag💰.

Let’s look at the details and perks of the current $LFG staking pool…

  • 🌚 There will be one staking pool; the “Moon” pool.
  • 🗓 The staking period is 60 days.
  • 🤑 Bullish variable APYs
  • 💰 Total reward pool of 1 million $LFG.
  • 🚫 No minimum stake amount
  • 🐋 Anti-whale measures will be implemented where $LFG holders can stake a maximum of 500,000 $LFG. This will ensure a fair distribution of rewards.
  • 🔥 Penalty will be imposed if you wish to withdraw your $LFG before 20-days. 50% of the rewards accumulated until that point will be forfeited and burned.
  • 🤠 Each wallet that stakes a minimum of 50,000 $LFG will receive an exclusive Gamerse Avatar NFT Airdrop. ​​These avatar NFTs will serve as your profile in the Gamerse ecosystem and grants it’s holders a “Gamer” verified checkmark.
  • 🔓 No lock-up period

Step-by-step tutorial on how to stake your $LFG tokens

More to Come!
Stay tuned for further details on the Gamerse mainnet launch and more information on the utilities of the $LFG token on Gamerse!

About Gamerse

Gamerse is unifying the fragmented NFT gaming community through its cross-chain, cross-domain and cross-verse solutions to create the first-ever NFT gaming social ecosystem. Gamers will be able to explore popular NFT games, receive exclusive drops and trade in-game NFT assets from skins to land and collectibles, all aggregated in a single social marketplace.

Gamerse unites gamers in a single, fun social platform, constantly adapting to the newest and most viral trends while benefiting creators and gamers alike through its pioneering share-to-earn model.

As the first LFG (Looking For Groups) platform dedicated to NFT gaming and metaverses, Gamerse will be around for gamers of all shades and hues, no matter which title holds the number 1 spot.

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