$RAIN is the token behind Rainmaker Video games, a platform devoted to serving to customers all all over the world have interaction in play-to-earn video games in essentially the most seamless approach attainable. 25 million rain tokens are at present sitting within the reserve. These tokens are those that went unsold through the challenge’s honest token launch that came about through Copper Launch final month.
That reserve is how customers are going to receives a commission for staking their tokens and supporting the challenge. However simply because it’s beginning out with 25 million tokens, doesn’t imply it’s going to remain that approach. The challenge would possibly enhance the quantity of $RAIN tokens obtainable and staking swimming pools as tokens start to vest and get unlocked via the Neighborhood Incentives reserve.
Rainmaker Video games goes to make it a lot simpler for players to earn income whereas taking part in video games and interacting with one another, and with staking now stay, it’s going to reward even those who aren’t taking part in video games however are clearly devoted to supporting the platform.
It’s time to study extra in regards to the $RAIN token, the way to stake $RAIN tokens, and what the potential payout is for customers.
The Two Staking Choices That Put Extra $RAIN In Person’s Wallets
Rainmaker Video games is giving customers two easy methods to stake $RAIN tokens: single-side staking and liquidity pool (LP) staking.
Incomes $RAIN with Single-side Staking
In single-side staking, customers merely deposit $RAIN immediately into the staking pool and earn rewards. The pool pays out 20% of the overall every day rewards supplied by the staking reserve. Customers don’t need to do anything to get that 20%.
The opposite choice is to stake via liquidity swimming pools.
LP Staking $RAIN Tokens
Rainmaker Video games is utilizing Uniswap V2 for its liquidity swimming pools. Customers can deposit RAIN-ETH Uniswap LP tokens after including liquidity to the change. Anyone utilizing a distinct model of Uniswap (V1 or V3) won’t obtain staking rewards, so make sure you use V2. This pool receives 80% of the staking rewards paid out by the Neighborhood Incentives reserve.
Staking Bonuses for Making It $RAIN Even Extra
Rainmaker Video games’ staking initiative offers customers with a linear bonus construction that multiplies the variety of token rewards for stakers that lock of their tokens for a set time frame. The longer tokens are staked for, the higher the bonus.
Right here’s a fast have a look at the bonus reward method:
1 (normal weight) + The Quantity of Weeks locked/52 weeks = The Time Waited Ratio Being Used
Right here’s a fast breakdown of the outcomes the bonuses can yield for customers:
- No bonus— staker doesn’t wish to lock their tokens
- 25x bonus— staker locks their tokens for a interval of 13 weeks
- 5x bonus— staker locks their tokens for a interval of 26 weeks
- 75x bonus— staker locks their tokens for a interval of 37 weeks
- 2x bonus— staker locks their tokens for a interval of 52 weeks
Directions for Staking $RAIN
Step one to staking $RAIN is to easily log onto the challenge’s staking portal. Customers then join their MetaMask pockets by clicking the Join button within the right-hand nook of the web page. Help for different wallets is coming quickly.
The following step is to pick the specified staking pool (be sure to’re utilizing Uniswap V2). Earlier than clicking the Stake button, customers can check out the precise particulars of the pool chosen. Clicking the Stake button results in one other display the place the person can select both versatile or locked-in choices for his or her staking. Locking in means incomes higher rewards in change for giving up flexibility.
The Rainmaker Video games weblog provides a extra in-depth step-by-step information to staking.
It’s about to be pouring $RAIN within the crypto gaming world. Players and stakers can be part of the revolution by staking tokens or by following the RAIN group on Telegram or the challenge’s web site.
