Prominent game ecosystem, GameSwift, has announced the launch of their single-asset staking. This move comes just a week after the launch of $GSWIFT and was announced alongside the initiation of the Spartadex lockdrop campaign and the addition of two new games to their platform.
The staking of $GSWIFT aims to offer users three core benefits. Currently, stakers are rewarded with a 5% APY, paid in $GSWIFT tokens. In future, stakers will be entitled to fees from the zkEVM Modular Blockchain, rewards in multiple gaming tokens incubated by GameSwift, and a proportion of the platform’s revenue.
How To Stake $GSWIFT
Staking on GameSwift is straightforward. Users can go to the staking page on the GameSwift community website, decide on the amount of tokens to stake, and confirm the transaction. Users should note unstaking requires a 7-day waiting period. Moreover, stakers have the ability to claim their rewards after each block.
To stake now, users can visit the GameSwift community staking page following these steps:
- Go to the staking page on the GameSwift website
- Decide on the number of tokens they wish to stake
- Click “Stake”, and confirm the transaction
GameSwift advocates for early participation in its staking program, predicting that early adopters will garner the most benefits when the GameSwift chain officially launches, potentially increasing interest in $GSWIFT.
