Gamium Staking is Live!
Gamium finally launch the long-awaited $GMM Staking!
$GMM token holders will be able to stake their tokens and earn rewards from the network.
Everyone can participate in this staking and get some fantastic benefits
What is Gamium Staking?
Gamium Staking is the way to generously reward the community who trust and support the project. Gamium Staking dashboards also provide at-a-glance views of protocol metrics such total $GMM Staked, total value locked and % APR.
$GMM stakers will be rewarded in multiple ways
- GMM
- MST. Available to claim after the MST token public launch (Q3 2022)
- LANDs tickets. You can accumulate these tickets to change them for discounts on the purchase of future Gamium LANDs drops.
Gamium GMM Staking Guide
Step 1: Connect Wallet
Before staking, you have to ensure that you are connected with your Metamask wallet on the BSC network and have some BNB to afford the network fee.
Caution: Make sure to know how to use non-custodial wallets like Metamask before staking your tokens. As a rule of thumb, never give your seed phrase or private key to anyone and never interact with non-official websites.
Step 2: Choose a Pool
The Staking Platform has two pools available. Each pool has different APR rewards.
- The GMM pool is a single asset pool and requires GMM tokens.
- The GMM/BUSD pool requires Liquidity Provider (LP) tokens.
Step 2 A:
In case you selected GMM Pool, make sure that you have $GMM in your wallet, click Stake, confirm the transaction and go to step 3.
Step 2 B:
In case you selected GMM-BUSD Pool.
Remember that to use this pool, first you have to get a LP token by providing liquidity in Pancakeswap.
To do so, you have to acquire GMM/BUSD LP in the official pair:
https://pancakeswap.finance/add/0xe9e7CEA3DedcA5984780Bafc599bD69ADd087D56/0x5B6bf0c7f989dE824677cFBD507D9635965e9cD3
In order to get the GMM-BUSD LP you need to add the quantity of $BUSD and $GMM that you would like to add in the pool. Remember that there must be a 50% / 50% correlation. This means that the total value of the staking pool must be shared by the 2 tokens equally.
Click on Supply
Click on Confirm Supply
Click on Confirm
Congratulations! You have just received a GMM-BUSD LP for the GMM-BUSD pool and you are ready to stake it through the gamium staking platform
Step 3: Stake Your Funds
Once you have required staking tokens (GMM for the GMM pool, and GMM-BUSD LP for the GMM-BUSD pool), you can stake them by selecting the appropriate amount and days you would like to stake in.
Choose your pool and click on Stake
Note: If it’s your first stake, you will be prompted to do an approve transaction first.
The platform requires a minimum lock duration of 1 month when depositing tokens. The longer the lock duration, the higher the yield rewards redeemed.
Once you choose the lock period, approve the transaction. Keep in mind that your deposit and rewards will be locked during this period.
Step 4: Accrue & Claim Rewards
Once you successfully stake into the protocol, you will receive rewards after the staking period finalize.
Rewards can be claimed on the ‘Your stakes’ page.
Step 5: Withdraw Rewards & Deposits
You can withdraw any unlocked rewards or deposits after the locking period of the stake.
About Gamium
Gamium is a web3 and metaverse technology company whose mission is to create the first metaverse that interconnects all of them, making avatars and assets multi-metaverse compatible.
