We are thrilled to announce that beginning early next week you will be able to stake both your THOL & NFTs.
14 Apr 2023, 16:01
🎉 We are thrilled to announce that beginning early next week you will be able to stake both your THOL & NFTs.🎉
Staking marks another milestone in the growth of the AngelBlock ecosystem! It’s a vital feature for AB that enables users to earn staking rewards and contribute to the further development of the project. It’s important to note that staking is coming live right after our first community unlock, on Sunday 16th of April, further incentivizing people to stake and start earning their rewards.
Key details:
- Initial APY for staking THOL tokens is set at around ~20%
- Staking rewards are auto-compounded daily by default.
- There are no minimum or maximum limits for staking THOL tokens
- Unlocking period set to 10 days (applies only to $THOL & not the NFTs)
How to prepare for staking?
We know you all want to prepare for staking, so to help you confidently navigate it, we have prepared a comprehensive guide that explains the role of staking within the AngelBlock ecosystem, explore the benefits it offers to users, and provide essential technical details about staking.
You can read the guide here: 👉
Take some time to read the guide and familiarise yourself with staking and make sure to ask in chat any questions you may have prior to staking going live.
Note: Regarding NFT staking and the amount of THOL its NFT is denominated to, it is important to keep in mind our staking formula and how the calculation is happening. To remind you all, the formula is the below & the data are from OpenSea:
Collection volume trade change (60 days) x Collection floor price x Collection floor price change (30 days)
For example with today’s numbers: 0.52 X 0.1 X 1.18 = 0,06136 Ξ
Meaning that currently 1 AngelBlock NFT currently amounts to ~ 1796 THOL. The numbers above are just an example of how the calculation is happening and they are changing constantly. It's up to our holders to fairly value our NFTs and the amount of THOL they generate. 😉
Hint: A step-by-step guide will also be coming later on the weekend to better explain the process of staking.
Same news in other sources
1AngelBlockTHOL #3204
14 Apr 2023, 16:01
🎉 We are thrilled to announce that beginning early next week you will be able to stake both your THOL & NFTs.🎉
Staking marks another milestone in the growth of the AngelBlock ecosystem! It’s a vital feature for AB that enables users to earn staking rewards and contribute to the further development of the project. It’s important to note that staking is coming live right after our first community unlock, on Sunday 16th of April, further incentivizing people to stake and start earning their rewards.
Key details:
- Initial APY for staking THOL tokens is set at around ~20%
- Staking rewards are auto-compounded daily by default.
- There are no minimum or maximum limits for staking THOL tokens
- Unlocking period set to 10 days (applies only to $THOL & not the NFTs)
How to prepare for staking?
We know you all want to prepare for staking, so to help you confidently navigate it, we have prepared a comprehensive guide that explains the role of staking within the AngelBlock ecosystem, explore the benefits it offers to users, and provide essential technical details about staking.
You can read the guide here: 👉
Take some time to read the guide and familiarise yourself with staking and make sure to ask in chat any questions you may have prior to staking going live.
Note: Regarding NFT staking and the amount of THOL its NFT is denominated to, it is important to keep in mind our staking formula and how the calculation is happening. To remind you all, the formula is the below & the data are from OpenSea:
Collection volume trade change (60 days) x Collection floor price x Collection floor price change (30 days)
For example with today’s numbers: 0.52 X 0.1 X 1.18 = 0,06136 Ξ
Meaning that currently 1 AngelBlock NFT currently amounts to ~ 1796 THOL. The numbers above are just an example of how the calculation is happening and they are changing constantly. It's up to our holders to fairly value our NFTs and the amount of THOL they generate. 😉
Hint: A step-by-step guide will also be coming later on the weekend to better explain the process of staking.
We are thrilled to announce that beginning early next week you will be able to stake both your THOL & NFTs.
🎉 We are thrilled to announce that beginning early next week you will be able to stake both your THOL & NFTs.🎉
Staking marks another milestone in the growth of the AngelBlock ecosystem! It’s a vital feature for AB that enables users to earn staking rewards and contribute to the further development of the project. It’s important to note that staking is coming live right after our first community unlock, on Sunday 16th of April, further incentivizing people to stake and start earning their rewards.
Key details:
- Initial APY for staking THOL tokens is set at around ~20%
- Staking rewards are auto-compounded daily by default.
- There are no minimum or maximum limits for staking THOL tokens
- Unlocking period set to 10 days (applies only to $THOL & not the NFTs)
How to prepare for staking?
We know you all want to prepare for staking, so to help you confidently navigate it, we have prepared a comprehensive guide that explains the role of staking within the AngelBlock ecosystem, explore the benefits it offers to users, and provide essential technical details about staking.
You can read the guide here: 👉 https://angelblock.medium.com/introducing-thol-and-nft-staking-6be0ef574da0
Take some time to read the guide and familiarise yourself with staking and make sure to ask in chat any questions you may have prior to staking going live.
Note: Regarding NFT staking and the amount of THOL its NFT is denominated to, it is important to keep in mind our staking formula and how the calculation is happening. To remind you all, the formula is the below & the data are from OpenSea:
Collection volume trade change (60 days) x Collection floor price x Collection floor price change (30 days)
For example with today’s numbers: 0.52 X 0.1 X 1.18 = 0,06136 Ξ
Meaning that currently 1 AngelBlock NFT currently amounts to ~ 1796 THOL. The numbers above are just an example of how the calculation is happening and they are changing constantly. It's up to our holders to fairly value our NFTs and the amount of THOL they generate. 😉
Hint: A step-by-step guide will also be coming later on the weekend to better explain the process of staking.