Re:$CRE8 Staking Program Will Go Live On 14th December 2021

Creaticles Staking program will goes live on 14th December 2021. $CRE8 token holders will be able to stake their tokens into the Re:$CRE8 pool. In total, the pool is offering 9 million $CRE8 tokens in rewards over a period of 90 days (approximately 3 months). During that period, 100,000 $CRE8 tokens are rewarded on a daily basis.

Regardless of the number of participants that stake, 100,000 $CRE8 will be rewarded each day. The rewards are based on the total amount of $CRE8 staked. For example, if 10,000 $CRE8 is staked, then at the end of the 24-hour period, each $CRE8 earns an additional 10 $CRE8.

The staking requires a minimum lock-in period of 30 days. During those 30 days, you are still entitled to your share of the 100,000 $CRE8 daily rewards from the re:$CRE8 pool. The first 30 days of rewards will be accumulated and released to you after the first 30 days following the time you staked your token. For example, if you stake your token on Day 1, you will be rewarded your token rewards for Day 1 — Day 30 on Day 30. If you withdraw your tokens at any point in time before the 30-day Lock-in Period ends, you will forfeit your rewards.

ABOUT Creaticles
Creaticles is a decentralized app that lets anyone request a custom NFT from the creator community. Its mission is to empower creators by giving them greater opportunities to share their art and talent.

RESOURCES
Medium