DoragonLand to Introduce Staking Function
DoragonLand has just successfully completed its IDO on 2 top launchpads: KoiStarter and Oxbull. It’s time now to move forward by integrating and introducing new game features. Let’s explore the Staking function in this article.
Many users might be unfamiliar with the Staking function and wonder what it is, how people can benefit from it. Staking, in short, is a way of earning rewards by holding certain cryptocurrencies. Nowadays, with the rise of NFT games, staking can also be done by holding NFT items.
As for DoragonLand, we offer both Staking DOR and Staking NFT functions in which Staking DOR will be available first in Q4, 2021. Rewards will be in the form of a $DOR token.
What are the Staking options that DoragonLand offers?
DoragonLand offers users 3 different pool options.
- No lock-up pool: This pool is not locked so you can stake and unstake whenever you want. A fixed APR of 5% on the initial deposit is applied.
- 60-day locked pool: Once you have staked in this pool, you will need to wait for 60 days until you can unstake it. This pool allows you to earn a fixed APR of 9%.
- 120-day locked pool: Similar to the 60-day locked pool, you can only unstake after 120 days. However, the reward is worth this wait! This pool offers you the highest yield of 20% APR.
Besides, users can also stake via LP Staking option. The accepted pair is BNB-DOR and users will earn rewards accordingly.
The total allocation reward is 2,700,000 DOR. When it hits the allocation reward, all pools will be locked, hence no one can stake. However, people who have already staked DOR tokens still can unstake and claim tokens.
- Currently, DoragonLand is supporting users on the BSC network only
- Unstake time is calculated based on your latest staking time. For example, if you stake 1,000 DOR on a 60-day locked pool on Dec 10, 2021, then you continue to stake another 1,000 DOR on Dec 20, 2021, then the staking time will restart from Dec 20, 2021.
What to expect next?
Along with the DOR staking, DoragonLand will soon introduce the NFT Staking feature which enables users to gain $DOR bonus by depositing their NFT cards. Sounds interesting right?
Stay tuned and keep following us for future updates!
DoragonLand is a 3D tower rush game that integrates battle card gameplay and blockchain technology to create fast-paced brawls among dragon warriors where players can duel with others to collect rewards of NFT items and DOR tokens in real-time.
Inspired by the gripping gameplay of Clash Royale, DoragonLand takes players into an immersive gaming world where they can build their strong combat troops and fight against others or the system in different battle modes. By gathering resources for leveling up power and climbing to the top of the leaderboard, players can win control of the Doragon Essence deposits — the mysterious materials to upgrade their Dragons.
The characters in the game are in strong and bold shape, cute style with an energetic and playful tone, which allows players to truly enjoy the exotic experience.
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