$RAIN is the token behind Rainmaker Video games, a platform devoted to serving to customers all world wide interact in play-to-earn video games in probably the most seamless approach attainable. 25 million rain tokens are presently sitting within the reserve. These tokens are those that went unsold through the venture’s truthful token launch that befell through Copper Launch final month.
That reserve is how customers are going to receives a commission for staking their tokens and supporting the venture. However simply because it’s beginning out with 25 million tokens, doesn’t imply it’s going to remain that approach. The venture would possibly improve the quantity of $RAIN tokens accessible and staking swimming pools as tokens start to vest and get unlocked by the Group 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, easy methods to stake $RAIN tokens, and what the potential payout is for customers.
The Two Staking Choices That Put Extra $RAIN In Consumer’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 day by day rewards offered by the staking reserve. Customers don’t need to do anything to get that 20%.
The opposite choice is to stake by 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 trade. Anyone utilizing a special model of Uniswap (V1 or V3) is not going to obtain staking rewards, so be sure you use V2. This pool receives 80% of the staking rewards paid out by the Group Incentives reserve.
Staking Bonuses for Making It $RAIN Even Extra
Rainmaker Video games’ staking initiative supplies customers with a linear bonus construction that multiplies the variety of token rewards for stakers that lock of their tokens for a set time period. The longer tokens are staked for, the larger the bonus.
Right here’s a fast have a look at the bonus reward system:
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 need 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 venture’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 out the specified staking pool (ensure you’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 screen the place the consumer can select both versatile or locked-in choices for his or her staking. Locking in means incomes larger rewards in trade 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 neighborhood on Telegram or the venture’s web site.