What is Staking?
Staking is simply understood as locking cryptocurrencies to earn rewards. In Faraland, staking rewards will be in the form of tokens, items, etc.
How to stake $FARA?
Faraland is an innovative project that is focused on developing an exciting and interactive play to earn Game. The staking pool of Faraland is one way of how $FARA Token holders can grow their wealth. There will be two options for staking, users can participate in LP Staking ($BNB-$FARA) or join single token staking with $FARA.
Where to stake $FARA?
Users can stake their tokens under the [STAKE] section of the Faraland homepage (faraland.io).
Why stake $FARA?
Users will receive many rewards when staking at the same time, which are:
- Experience points to level up their NFT Heroes.
- NFT items for Faraland heroes
- More $FARA tokens
- Participation in IDOs on FaraStarter – Faraland’s own launchpad for promising new projects – (coming soon)
Faraland’s Staking options
There will be different staking options with different lock periods and rewards. Users can choose to either single stake $FARA or stake $FARA-$BNB LP.
!! New Features – Amplifier (Bonus):
Amplifiers are a brand new feature in Faraland Staking. The longer the lock time is, the more amplified rewards users will get.
Note:
- The amount of $FARA staked to earn tickets must be the original amount, not the amplified amount.
- The tickets gained are not cumulative on the same hero. In other words, if you stake more than 5,000 FARA for 3 months lock or 50 FARA-BNB LP for 2 months lock, you will still receive 1 ticket only
- If you sell your staked hero(s), $FARA and tickets for items will still belong to you – the staker.
- Amount of EXP needed to level up remains unchanged.
Amount of EXP needed to level up
For example:
lv 1 to lv 2: (1 * (2 * 1 + 1–1) / 2) * 1000 = 1000 EXP
lv 1 to lv 3: (2 * (2 * 1 + 2–1) / 2) * 1000 = 3000 EXP
lv 1 to lv 4: (3 * (2 * 1 + 3–1) / 2) * 1000 = 6000 EXP
Should there be any question, please join our Global community for quickest support!!
Get your $FARA ready to stake with Faraland!
What is Faraland
Faraland is a role-playing strategy wargame for Android and iOS, developed on blockchain by Moon Knight Labs Inc., a company based in Panama. The players control the characters of 7 races: Humans, Orcs, Elves, Fairies, Dragonborns, Angels, and Demons — each with different abilities, strengths, intelligence, and agility, to fight with other players in a universe called Faraland. The game will be released in Q4 2021.
Faraland is an innovation project combining NFT technology and gaming experience. Not only are all exquisitely digital collectibles created using blockchain technology, but all NFT in Faraland can also be integrated into Faraland games later, which will help them increase the value. NFT is the soul of this project. Each Hero, NFT of Faraland, is unique. Each collectible is matchless, genuine, and varies in rarity. Faraland Universe has many different races like Human, Orc, Angel, Demon, Dragonborn, Elf, and Fairy, awaiting the users to discover.
Join Faraland
**Disclaimer: Digital asset prices are subject to high market risk and price volatility. $FARA token and NFT are designed solely for use within our on-chain gaming ecosystem and is intended exclusively for participation in gameplay experiences. They are not, and should not be considered as, an investment vehicle, security, financial instrument, or speculative asset. Holders should have no expectation of profit, return on investment, or appreciation in value from the purchase, holding, or use of this token and NFT.
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