💵Stake

Stake DICE NFTs, earn native tokens, and more!

Overview

We are excited to introduce our powerful staking program.

Our system allows you to stake NFTs acquired from the game, earning more native tokens over time, and withdrawing your tokens at any time.

It's simple, convenient, and most importantly, offers lucrative returns.

Description

The core of CrazyDice staking is simple: it shares weekly protocol earnings from the past week with you. Here's what it allows you to do:

• Stake the NFTs you earn from the game and earn native token rewards.

• Monitor your staking and rewards with real-time updates on our dashboard.

• Claim your rewards when you choose to withdraw or unstake your tokens.

🔥 Good to know: All allocated rewards come from CrazyDice protocol income, meaning the rewards received are simply token reallocations, not the minting of new tokens as rewards. Therefore, there are no inflation issues.

FAQ

• What do I need to stake? NFTs obtained from CrazyDice's metaverse games.

• What can I earn? Native tokens of the current chain.

• Is my stake locked? No, you can unstake at any time.

How do I stake?

Let's walk through the staking process at CrazyDice...

Step 1 - Visit CrazyDice

Go to the CrazyDice dApp. This is your control center for all staking-related transactions.

Step 2 - Connect your wallet

Click the "Connect Wallet" button and follow simple steps to connect your wallet with CrazyDice.

Step 3 - Stake your NFTs

In the "Stake" section, choose the game and specific NFT you want to stake, authorize the NFT to the staking contract, and then click the "Stake" button.

Congratulations! You have successfully staked your NFT, and it is now earning rewards for you!

Step 4 - Monitor your staking and rewards

Now you can see the status of your staking and rewards on the staking page. Here, you'll see all the NFTs you've staked and the rewards you've accumulated and are about to receive.

Step 5 - Unstake and claim your rewards

Once you decide to withdraw your rewards, you can unstake your NFTs and claim your earned rewards. Simply use the "Unstake" and "Claim" buttons on the dashboard.

Understanding Periods

In the CrazyDice staking protocol, reward distribution revolves around weekly update cycles. It's as simple as that! These cycles form the basis for calculating rewards for stakers. Each cycle typically lasts a week, and rewards for each cycle are determined at the beginning of that cycle.

The protocol deposits the reward tokens designated for that cycle into the contract, ready for distribution. These tokens are proportionally distributed to stakers throughout the cycle based on the score of NFTs staked by each user.

It's important to note that the rewards allocated for the current week are drawn from profits earned in the previous week.