Megaweapon Staking Launch

Premeditated and properly executed Weapon.

How can I participate?

Staking $WEAPON is a simple process. We have built a website dedicated to the process:

Getting Started

  • Navigate to the staking website: https://staking.megaweapon.io
  • Connect your wallet (most major wallets are supported). Ensure this wallet holds $WEAPON tokens.
  • There are three ‘action’ tabs: Stake, Rewards, and Withdraw.

Staking

Example of preparing to stake 50 $WEAPON tokens out of 90 available, unlocking 2 May 2022.
  • Staking periods are one week long. They begin Monday at 12:00am UTC and end Sunday at 11:59pm UTC. Please note this is UTC time! You can use a website like this for quick conversion.
  • Important! If you want to qualify for the current week’s staking rewards, you MUST stake your tokens BEFORE 11:59pm UTC on that week’s Monday! If you stake after this time, you will not be eligible for that week’s rewards.
  • You can stake as short as one week or as many weeks as you want. You do not need to re-stake weekly if your stake duration is longer than one staking period.
  • Once you’ve determined your quantity and stake duration, you will select “ADD STAKE” — this will prompt you to confirm the transaction via your wallet. Note that this transaction will cost gas (Eth).
  • Congratulations, you have now staked your $WEAPON tokens! 🎉
  • Extending your existing stake — if you want to simply extend your existing stake date and not void your current stake’s reward eligibility, you must choose an extend stake date during Monday (UTC) hours only. Again, be sure to claim your rewards before making changes to your stake!
  • To reiterate — Any modification to an existing stake, whether adding or extending the date, should be executed during Monday UTC hours.

Rewards

Rewards will be available to claim by each week or multiple weeks-worth at a time.
  • You may choose to claim rewards for one week, some weeks, or all available weeks in a single transaction, with a limit of 20 weeks at once. Users may wait to claim multiple weeks of rewards in a single transaction to save gas costs. You will not lose your rewards if you do not claim them right away.
  • Reminder — Your share of rewards are proportional to the amount of $WEAPON you have staked in the pool.

Withdraw

The Withdraw tab informs users how many $WEAPON tokens are available for withdraw.
  • To withdraw your $WEAPON from the staking pool, navigate to the Withdraw tab. Once your previously set staking period is over, you may withdraw your tokens. Two important points here: 1) Once your staking period is over, your $WEAPON tokens no longer qualify for rewards, even if you have not withdrawn them. 2) You must claim your rewards (Rewards tab) before withdrawing your tokens or you will forfeit them back to the staking pool.
  • Again — you may not withdraw your staked $WEAPON tokens before your set staking period is over.

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Megaweapon

Megaweapon

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