Staking V3
Last updated
Last updated
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.