With Season 7 of the Guild Advancement Program (GAP) underway, Yield Guild Games (YGG) is excited to reveal the platform’s newest feature: The Stake House. Here, the YGG questing community can supercharge their YGG rewards by staking YGG tokens.

“The best way to participate in the YGG ecosystem is to play and explore the games and quest together for shared rewards,” said YGG co-founder Gabby Dizon. “Staking provides our active questers with additional incentives that make GAP an even more rewarding experience.”

How Active Staking Works

The Stake House is directly tied to the YGG Rewards Center, which means the benefits only accrue to questers who are both staking and participating in programs that earn them YGG points. There is no benefit for passive staking, users need to be actively questing to earn the rewards.

In the YGG Rewards Center, there is a ‘STAKE’ link at the top of the page pointing to The Stake House where YGG tokens can be staked to gain a Rewards Multiplier. The multiplier will affect the amount of YGG or other partner token rewards that a quester can claim as they unlock nodes with their YGG points. Token rewards can be boosted while staking as little as 10 YGG tokens in The Stake House vault on Ronin.

YGG tokens can be staked and unstaked at any time, with no cooldown period. Upon unstaking, the original balance of YGG tokens will be released from the staking contract back to the player’s wallet, and the Rewards Multiplier will revert to 1x.

Here’s how questers can start staking their YGG tokens for more rewards:

1. Go to the YGG Rewards Center: https://www.yieldguild.io/rewards
2. Click on the ‘STAKE’ link to take you to the Staking page.
3. Connect your Ronin wallet.
4. Use the slider or enter the amount of YGG tokens you want to stake, then click Confirm.
5. Sign the transaction using your Ronin wallet.

How the Multiplier Works

The more YGG tokens a quester stakes, the higher their Rewards Multiplier until the maximum is reached. Each participant’s multiplier is based on the 7-day average of the lowest daily staking balance. This means that unstaking at any point during the season will make it harder for questers to maximize their Rewards Multiplier.

The Rewards Multiplier increases the available token rewards per node within the Rewards Center. These increased rewards are only available while the Rewards Multiplier is present, meaning that the quester must be staking their YGG tokens at the time they are claiming their rewards.

For example, if a quester who has staked enough YGG tokens to get a 1.5x multiplier unlocks a node in the Rewards Center that contains 10 YGG tokens as the reward, they will be able to claim 15 YGG tokens.

Although the Rewards Map also gives players the chance to earn specific NFT rewards, The Stake House multiplier will not affect them in any way. The multiplier only increases token-based rewards such as YGG, RON or PIXEL tokens. The Daily Rewards Pool is still capped, so as the number of stakers increases, the need to log in early to claim your rewards will also increase to ensure you don’t miss out.

By staking their hard-earned YGG tokens at The Stake House, active questers stand to boost their rewards from GAP Season 7 and beyond. YGG has more cooking behind the scenes, so stay tuned for other exciting news.

Source : Yield Guild Games - Oct 23, 2024