MV Staking DETAILS Revealed

1/28/2022
MV Staking DETAILS Revealed

MV is Listed…Now Let’s Stake!

The Metaverse (MV) token was successfully listed on Bybit on January 27, 2022, and we are off to a very good start thanks to all of you.

We would like to take this opportunity to express our deepest gratitude. Thank you, thank you, THANK YOU!!!

Now, on top of that, we will be releasing the “Staking” feature, one of the key UTILITYs of our MV token, this coming February 7, 2022.

This is the staking screen under development.

What Happens when you Stake MV on GensoKishi Online?

There will be three major benefits of participating in the staking.

1)You get our ROND token!

The ROND token is an in-game currency that will be listed after the official launch and can be used for various purposes in the GensoKishi Online game.

With ROND, you can enhance your equipment, buy potions, and use warp portals to travel to distant areas in an instant.
(You can also earn more ROND as a result.)

2) You will be dropped a Surprise NFT !!

A limited number of NFTs will be distributed to those who have staked more than 10,000 MVs.

We would like to schedule this once every month or two, but since this is a surprise, we cannot announce when it will be distributed. But do be excited!

We promise that we will distribute one Surprise NFT by the end of February 2022, so please consider this when staking begins!

I’m sure you’ll all be pleased!

3)You will win the right to participate in our closed alpha and beta

This is something that may be too early to tell, but we will be giving you the right to participate in the closed alpha and beta tests, scheduled for May and June 2022.

We will announce the details around April 2022, but we would like to make sure that anyone who has staked more than 22,000 MV until that time, the right to participate is generated.

The purpose of the closed alpha and beta is to allow us to test the data load and make sure the economy is running properly, so we want as many people as possible to participate.

So, if want more people to come in and test, we may invite those who have less than 22,000 MV as well. However, in anyway we will give higher priority to those who have staked more than 22,000 MV.

We are also planning to offer limited NFTs for those who participate in the closed alpha and beta.

More about staking

Prerequisites for participation in staking

The staking function is a DApp in conjunction with MetaMask.
In order to participate, you need to have MV tokens in your MetaMask wallet, so please prepare in advance.

Detailed instructions will also be provided when the staking feature is released, so don’t worry if you are new to this.

Detailed specifications for staking

Staking MVs earn you ROND tokens as a reward!

Staked MVs can be unstaked at any time.

ROND will be distributed daily, depending on the amount of MVs staked. However, please note that ROND will not be distributed until at least 3 days have passed since you have started staking.

A GAS fee will be charged when staking, unstaking, and requesting to withdraw the rewarded ROND token.

The amount of ROND distributed each day depends on the percentage of the ENTIRE AMOUNT STAKED in the staking pool.

Depending on the ENTIRE AMOUNT STAKED, the ROND distribution algorithm will be reviewed periodically.

By increasing the amount of MVs you’re staking, you will receive more ROND.

Caution

Restricted countries: United States of America,China,Hong Kong, and all sanctioned OFAC countries(DR Congo,Iran,Myanmar,Sudan,Iraq,Ivory Coast,North Korea,Syria,Zimbabwe,Cuba,Balarus,Liberia)

Community

Telegram community : https://t.me/gensometamain
Discord community: https://discord.gg/gensometaverse
Twitter community : https://twitter.com/genso_meta
LINE community : https://lin.ee/fRx2vvE

The Gensokishi Online Project will continue to provide blockchain game fans with the latest information on the project.

 

Gensokishi Online Projectは今後もクリプトゲームファンの皆様に向けて、本プロジェクトの最新情報をお届けします。