We want to give back to our community who has been very supportive over the past few months, so we are now giving the chance to Soldiers Society holders to secure a spot in a new staking pool and enjoy an outstanding APY* of 50% on their $XED tokens, earning rewards in native $XED tokens.
What is Staking?
Simply put, staking is the act of locking your $XED tokens on the platform, for a period of time, to receive rewards. These rewards are attributed to the user in several ways, ranging from receiving $XED tokens as a reward, to access exclusive platform features, such as competitions, tournaments and one-of-a-kind NFT’s.
Usually staking rewards are measured using the APY, which stands for Annual Percentage Yield, is the rate you can earn on an account over a year and it includes compound interest
Who can access it?
This will be a task open to brave Soldiers only, and as such, to be able to stake your $XED tokens, you’ll need to possess a Soldier Society NFT on your wallet to serve as a key to this staking pool. You will need to possess your Soldier NFT when depositing and withdrawing from our staking pools.
Important: you will need to keep your Soldier NFT while staked in the pool to make sure you’ll able to withdraw them after the staking period. Please be aware that if you sell your Soldier in the meantime, the buyer will be able to withdraw your staked assets.
How can you access it?
- Three simple steps to get you started on this program:
- Have a Soldier NFT on your wallet (if you don’t, you can always purchase here);
- Have the $XED tokens in the same wallet, on Polygon network;
- Stake them on the Exeedme Platform ;
- Chill & collect rewards;
Full details on our staking pool conditions:
- APY: 50%
- Days to Maturity: 60
- Maximum Deposit: 10,000 $XED
- Minimum Deposit: 1 $XED
- Total Pool Size: 500,000 $XED
- Open: 12:00 GMT 8th December
What are you waiting for? Time to get productive with those assets, Soldier!
Join us and be a part of our community:
- Discord: https://discord.gg/Qq8hYDxT
- Twitter: https://twitter.com/SoldiersSoc
