Staking V3

Updating Staking Mechanism

  • New Rewards for players with Flexible, 1 Month, 2 Months, 3 Months, 4 Months, 5 Months, 6 Months

  • New EXP Mechanism

🔷FARALAND’S STAKING OPTIONS

There are a few staking options with different lock periods and rewards. Users can choose to either stake $FARA or stake $FARA-$BNB LP.

🔷NEW REWARDS FOR PLAYERS WITH 0 -6 MONTHS OF STAKING OPTIONS

Now players will have multiple choices for asset locking in order to receive rewards, especially if players choose to lock their assets for 6 months, they will receive additional rewards.

We have made adjustments to the reward packages for the 6-month lock staking plans.

◾️Previous Reward: One item ticket per month.

◾️New Reward: Knight Token, Royal Token

In this new staking program, participants will receive rewards immediately after staking their assets for either the 6-month lock period

📑Rewards requirements:

▶️ FLEXIBLE

0% reward bonus – get EXP and FARA

▶️ 1 MONTH

5% reward bonus – get EXP and FARA

▶️ 2 MONTHS

10% reward bonus – get EXP and FARA

▶️ 3 MONTHS

15% reward bonus – get EXP and FARA

▶️ 4 MONTHS

20% reward bonus – get EXP and FARA

▶️ 5 MONTHS

25% reward bonus – get EXP and FARA

▶️ 6 MONTHS :

30% reward bonus, get EXP and FARA + will guarantee to get a ticket as below

◾️ For the single staking ($FARA):

5,000+ FARA ➜ 1 Knight Token

7,000+ FARA ➜ 2 Knight Tokens

20,000+ FARA ➜ 6 Knight Tokens

30,000+ FARA ➜ 10 Knight Tokens

50,000+ FARA➜ 18 Knight Tokens

80,000+ FARA ➜ 30 Knight Tokens

100,000+ FARA ➜ 1 Royal Token

200,000+ FARA ➜ 3 Royal Tokens

300,000+ FARA ➜ 5 Royal Tokens

400,000+ FARA ➜ 7 Royal Tokens

500,000+ FARA ➜ 9 Royal Tokens

600,000+ FARA ➜ 11 Royal Tokens

700,000+ FARA ➜ 13 Royal Tokens

800,000+ FARA ➜ 15 Royal Tokens

900,000+ FARA ➜ 17 Royal Tokens

1,000,000+ FARA ➜ 20 Royal Tokens

◾️ For the liquidity pool staking ( $FARA – $BNB LP)

10+ FARA-BNB ➜ 2 Knight Token

14+ FARA-BNB ➜ 4 Knight Tokens

40+ FARA-BNB ➜ 8 Knight Tokens

60+ FARA-BNB ➜ 15 Knight Tokens

100+ FARA-BNB➜ 28 Knight Tokens

160+ FARA-BNB ➜ 45 Knight Tokens

200+ FARA-BNB ➜ 2 Royal Token

400+ FARA-BNB ➜ 6 Royal Tokens

600+ FARA-BNB ➜ 10 Royal Tokens

800+ FARA-BNB ➜ 14 Royal Tokens

1,000+ FARA-BNB ➜ 18 Royal Tokens

1,200+ FARA-BNB ➜ 23 Royal Tokens

1,400+ FARA-BNB ➜ 28 Royal Tokens

1,600+ FARA-BNB ➜ 32 Royal Tokens

1,800+ FARA-BNB ➜ 38 Royal Tokens

2000+ FARA-BNB ➜ 45 Royal Tokens

🔷 NEW EXP MECHANISM

In the new EXP mechanism, we continue to calculate hero EXP points using the familiar formulas:

◾️Hero EXP from $FARA staking:

Hero EXP = (Staking balance * Staked time per second) / 10^5

◾️Hero EXP from $FARA – $BNB LP staking:

Hero EXP = [(Staking balance * Staked time per second) / (10^5 )]* 300

However, we have added more versatility and player control to the staking process. In the previous mechanism, earned EXP points were automatically allocated to the hero’s EXP Level. But now, staking participants can opt to withdraw a portion of their earned EXP and convert it into EXP JAR.

You can trade EXP Jar with others on the marketplace (after claiming). For every 20,000 EXP accumulated, they can exchange it for 1 EXP JAR.

❗️❗️NOTE:

When you stake a hero, whether it’s your own or someone else’s, you will collect a certain amount of EXP. This EXP will be transferred to your Wallet (which will display the total amount of EXP – as shown in the image). You can use the amount of EXP as follows:

  • Convert it into EXP JAR (20,000 EXP = 1 EXP JAR)

  • Distribute your hero in order to level up.

  • If you don’t use it for any activities, the EXP will still remain in your Wallet.

With this enhancement, players have more flexibility in managing their hero’s experience points, allowing them to make strategic decisions in optimizing their staking rewards and hero progression.

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