GRIDZ Staking
We offer two non-custodial single-sided staking options for our ERC-20 token, GRIDZ.
Locked Staking (70% penalty for early withdrawals)
Set your staking duration (in days) and the amount of tokens you are comfortable to stake, and confirm the following two transactions:
Approve "GRIDZ" spending
Spend and lock your specified Amount of "GRIDZ"
You can freely withdraw after your staking duration has passed and enjoy an annual interest rate of 10%. Maximum Investment per user: 50'000'000 GRIDZ
We also have an integrated display that lets you monitor your accumulated rewards and shows you the exact time after which you can close your stake without a penalty of 70% of your initial deposit. In case you choose the early-withdraw option, you will only get back 30% of what you initially deposited, and the rest will serve as new locked-staking rewards for more patient stakers.
Our staking rewards aren't endless, and that way, we can extend the opportunity for those who truly believe in our mission.
Flexible Staking(Free from Penalties)
For all newbies: in flexible staking, you can exit the staking at any time without penalty, like in the option above. So you just need to provide the amount of tokens you are comfortable to stake and confirm the following two transactions:
Approve "GRIDZ" spending
Spend your specified Amount of "GRIDZ"
You can freely withdraw at any time and enjoy an annual interest rate of 5%. Maximum Investment per user: 500,000,000 GRIDZ
The integrated display here lets you monitor your accumulated rewards and also displays your starting date.
NFT Boost
Lucky Eleven NFTs boost your APY by 5% in flexible staking and 10% in locked staking.
OnchainInk NFTs boost your APY by 0.5% in flexible staking and 1% in locked staking.
Example
You stake 100,000 GRIDZ in locked staking for 30 days. You also hold 1 Lucky Eleven NFT and 1 OnchainInk NFT.
Your APY would be calculated as follows:
Your total earnings after 30 days would be:
Conclusion
Our staking program is a great way to earn passive income on your GRIDZ tokens. The NFT boost from LuckyEleven or OnchainInk makes it even more rewarding to hold our NFTs and actively participate in the Games.
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