PlaySwap Launchpool (Play pools) is a less resource-intensive alternative to mining. It lets you use your tokens to earn more tokens for free. Simply put, you lock your cryptocurrency to receive rewards. A user can stake PLAY tokens in exchange for more PLAY from the beginning.
There will be more opportunities in the future: PlaySwappers can stake PLAY in exchange for other tokens.
Holders PLAY Pool
Holders PLAY Pool is a less resource-intensive alternative to mining designed to reward long-term investors and P2E gamers. It lets you use your tokens to earn more tokens for free just like the PLAY pool, but it will collect a 25% fee if the user unstake the funds in less than 90 days since the last stake. Simply put, you lock your cryptocurrency to receive rewards and potentially boost your P2E protocol earnings by 10%.
How it works
Any user that has invested more than the total claims of their P2E earnings will get a P2E earnings boost of 10%. To make your life easier and save you some tokens on fees, we have created a claim feature that allows you to claim your gaming earnings directly to the Holders PLAY pool.
To give you a quick example:
- If your total claimed is 100 PLAY, you need to have staked at least 100 PLAY on the Holders PLAY pool to gain the 10% P2E boost. The profit you make on the pool is not counted.
To sum up:
- You can claim your earnings directly to the Holders PLAY pool and save money on fees.
- If you stake more than your lifetime gaming earnings, you will get a 10% boost on your daily P2E earnings.