💸Staking

Staking Contract v2.0

In light of the impending IDO announcement and community feedback, new features are already available:

Staking Transfer: You can move the WWY that you have staked to a different wallet and keep the benefits.

Deposit with auto-compounding By compounding deposits, your WWY incentives are added to your deposit amount immediately, making the best use of your gas. This feature is currently under development.

If you have transferred tokens to the contract that are not WWY, you may retrieve them.

There is no change to the minimum amount of time needed to stake and earn the reward. So, even after upgrading to Staking 2.0, the 30-day staking bonus will still be there.

At present, the platform employs linear staking. The user may stake WWY tokens and get WWY tokens as a reward. There is a 30-day lock period for all stakers during which users cannot withdraw their currency. There is the option to adjust the time itself. If the user's tokens are already locked and the user wants to stake additional tokens, the lock duration is restarted, and the tokens will be locked for another 30 days.

When a user gets rewards, they can either withdraw them right away to the MetaMask wallet where the stake was put or stake them right away. Reward staking does not initiate a new lock period.