Yes, a 5% tax is applied to the staked amount if withdrawn before the end of the staking period.
Shiraverse Latest Questions
You can track the number of WatPoints you have collected by logging into your account on the Wat Protocol website or checking the respective platform where you earned the points, such as Telegram or Arc8.
To connect your wallet on the Wat Protocol website:On a mobile device: Use the Wallet Connect option and select the Ethereum wallet that holds your GMEE tokens. On a Mac/PC: You can connect directly using a wallet from the provided list, ...Read more
Stay updated on the Wat Protocol by following the WatBird on Twitter, joining the WatBird community, and keeping an eye on announcements on Telegram, Twitter, and Medium.
Currently, WatPoints are non-tradable and are meant to be collected through participation in the Wat Protocol. Their exact use will be revealed in the final episode.
The minimum staking amount for Episode Three is 1000 GMEE. There is no upper limit on how much GMEE you can stake.
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.
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
Requirements vary by episode:Episode Two (WatPoint Mine): A Telegram account. Episode Three (GMEE Hard Staking): An Ethereum wallet with GMEE tokens and a minimum staking amount of 1000 GMEE.
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.