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 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.
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.
More information can be found in the Telegram WatPoint Mining FAQ or by joining the WatPoint Mine activity on Telegram.
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
Yes, you can mine WatPoints without the password, but using “watprotocol” helps identify you as a community representative.
Episode Two involves mining WatPoints via a mining activity on Telegram. Participants only need a Telegram account to join this activity. By engaging in the mining process on Telegram, participants can earn WatPoints which contribute to ...Read more
Yes, to consistently represent the GAMEE community, use the password “watprotocol” each time you mine WatPoints.
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