Network Staking Round 2: Everything You Need to Know
Grindery is excited to announce the second round of our Network Staking initiative. This post will guide you through everything you need to know to participate in this opportunity.
What is Network Staking?
Network Staking is a unique opportunity for Grindery users to earn rewards by depositing tokens in their Grindery Wallet. It's an innovative way to leverage your crypto assets, allowing you to earn G1 tokens daily.
Participation: Easy and Accessible
To participate in Network Staking Round 2, simply deposit any amount of any token on Polygon in your Grindery Wallet. The process is straightforward and designed to be accessible for everyone.
Key Dates
- Start Date: 28th December 2023
- End Date: January 2024 (The exact date will be defined later)
Earn G1 Daily
By participating in Network Staking, you earn G1 tokens every day based on the USD equivalent of any deposited token on the Polygon network. The more you deposit, the more you earn!
Early access to token sales
By participating in Network Staking, you get early access to the community token sale and as a result a better exchange rate and lower token prices.
Example of Earning Rewards
Suppose you deposited 100 USDC on 2nd January 2024, and the staking period ended on 22nd January 2024. You will receive rewards for 20 days based on the value of your 100 USDC on 22nd January 2024.
Monitoring Your Staking Details
A comprehensive report detailing your staking rewards will be provided a few days after the end of Round 2.
In the meantime you can check your wallet balance and transactions ;)