Staking is a system where you deposit cryptocurrency into a blockchain network and in return, you receive rewards.
In TGT Staking, by staking a certain amount of TGT, you can receive TGT and BEAST RAWDISK NFT as rewards.
Additionally, to perform staking, a stake of 1 or more TGT is required.
TGT rewards are granted based on the amount of TGT staked, calculated using the formula below.
TGT Reward Amount = Determined Reward Portion * (Amount You Staked / Total Amount Staked by All Users)
Your Tier will be determined by the amount of TGT you stake, and you will have the chance to earn BEAST RAWDISK NFTs based on your tier.
In the case of the same staking amount, the user who staked first will be in the higher Tier.
The required staking amount for each Tier will be updated from time to time.
Once a week, a snapshot of all user's Tiers will be taken at a random time, and a lottery will be conducted.
※ For the first week after release, the timing of snapshots and the winning odds for each tier will differ from the usual. Please check the announcement for details. *The winning probability for each tier can be checked on the Tierlist on the TGT staking page.
If you unstake TGT within a certain PERIOD, the following fees will be charged based on the period you were STAKING.
Within an hour
80
Within 24 hours
40
Within three days
35
Within 7 days
30
Within 14 days
20
Within 30 days
15
Within 90 days
5
Longer than that
0
This unstaking fee will be added to the overall TGT STAKING reward pool. It will be reflected as rewards for other TGT STAKING users.