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Shiraverse Latest Questions

Siddharth Kumar
Siddharth Kumar
Asked: 1 year ago

Can I participate in the Wat Protocol if I do not hold GMEE tokens?

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.

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Siddharth Kumar
Siddharth Kumar
Asked: 1 year agoIn: Cryptocurrency, Mining

What is Episode Three: GMEE Hard Staking?

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

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Siddharth Kumar
Siddharth Kumar
Asked: 1 year agoIn: Cryptocurrency, Mining

Can I connect my WatPoint balance on the Wat Protocol website with WatPoints collected elsewhere?

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.

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Siddharth Kumar
Siddharth Kumar
Asked: 1 year ago

What happens if I withdraw my staked GMEE early?

If you withdraw your staked GMEE before the end of the chosen staking period, a 5% tax will be applied to the staked amount. The remaining tokens will be returned to you.

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Siddharth Kumar
Siddharth Kumar
Asked: 1 year ago

How are WatPoints awarded in Episode Three?

WatPoints in Episode Three are awarded based on the amount of GMEE staked and the duration of the staking period. The longer and larger the stake, the more WatPoints earned.

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Siddharth Kumar
Siddharth Kumar
Asked: 1 year agoIn: Cryptocurrency, Mining

Is my GMEE safe while hard staking?

Yes, your GMEE is safe while hard staking. The tokens are locked into a smart contract for the chosen duration (30 or 60 days). After the staking period, your GMEE will be returned to you. However, during the staking period, ...Read more

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Siddharth Kumar
Siddharth Kumar
Asked: 1 year ago

Can I trade my WatPoints?

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.

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