The Complete Awe! Staking Guide
How to maximize your staking rewards on Awe!
When Will You Get the Rewards
Every week.
The emission (new tokens) is generated every week, and will all be distributed to the stakers, players and creators.
How to Maximize the Rewards
1. Choose the Right Memegent
Memegents compete each other to get higher scores. The score is based on the popularity of the Memegent. More users, more interactions, more staking will all lead to higher scores.
Memegents with higher scores share more rewards from the emission.
Find the Memegent with most potential, the Memegent that could become the most popular one in the future, and stake to it as early as possible.
2. Stake Earlier, Stake Longer, Stake More
More tokens you stake, more rewards you will get.
Longer time you stake, more rewards you will get.
How to Stake
Go to the Telegram bot of the Memegent you choose, and type in:
for example: /stake 100000.
The bot will respond with a button to authorize the blockchain transaction, just click on the button, and confirm the transaction in your wallet.
You could check the staking status by typing in the following command:
How Much Will You Earn by Staking
Giving an exact number of earning is impossible since it highly depends on the number of participants and the performance of the Memegent you choose.
In general, the earning you could expect can be divided into two parts:
1. 8% of the emission, shared by all the stakers on Awe!
You will constantly share 8% of the emissions with all the other stakers. The portion you could get is calculated based on the amount and time of your staking, compared to all the stakers.
2. 30% of the Memegent reward, shared by all the stakers of the Memegent
The Memegent will get more reward from the emission if it gets higher score than others. Among the reward, 30% will be given to all the stakers of the Memegent.
Stakers who stake more tokens and stake longer will get more reward.
To have an in-depth understanding of the emission distribution mechanism, read the doc below:
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