There are different tiers for staking GMEE, each offering varying daily Loot rewards. The exact tiers and rewards depend on the amount of GMEE staked and the chosen staking period (30 or 60 days).
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Yes, withdrawing your staked GMEE before the end of the staking period incurs a 5% tax on the staked amount. This penalty is designed to encourage participants to complete the full staking period.
WatPoints can be collected through various activities in the Wat Protocol:Episode Three: Staking GMEE tokens for different periods, with rewards based on the amount and duration of the stake. Episode Two: Mining WatPoints via the Telegram Mining app. Other ...Read more
No, WatPoint balances from different platforms cannot be merged. Points collected by staking GMEE are stored on the Wat Protocol website, while points earned through other means are stored on the respective platforms.
Episode One involved GMEE Soft Staking, where participants could earn WatPoints by staking their GMEE tokens in a less restrictive manner compared to hard staking. This episode has concluded.
Episode Three focuses on hard-staking GMEE tokens on Ethereum. Participants can choose to stake their GMEE for either 30 days or 60 days, with the longer staking period yielding more WatPoints. The minimum staking amount is 1000 GMEE, and there ...Read more
While holding GMEE tokens is necessary for certain episodes like hard staking, you can still participate in other episodes or events that do not require GMEE holdings, such as the Telegram mining activity in Episode Two.
No, the Wat Protocol is exclusive to GMEE holders on Ethereum. Although there was a bonus WatPoint reward for previous GMEE holders on Polygon, the main activities and rewards within the Wat Protocol are designed for the Ethereum network. The ...Read more
The minimum staking amount for Episode Three is 1000 GMEE. There is no upper limit on how much GMEE you can stake.
To participate in Episode Three, follow these steps:Visit the Wat Protocol website. Connect the Ethereum wallet that holds your GMEE tokens. Select the amount of GMEE you wish to stake and choose the staking period (30 or 60 days). Confirm the staking to ...Read more