Community

OUR TAKE ON STAKING IS COMING VERY SOON. FIND OUT MORE

Chiliz | 09.16| 16

We know that additional value for Fan Token holders outside of club engagement is something that’s important to our community.

So, we’ll be launching our take on staking on Socios.com on Friday September 18th and will be rewarding users with $TRA Fan Tokens (FTO set for Tuesday September 22nd) and $CHZ.

All the initial details are right here, however we’ll be optimising and adding to this in due course. We’re also very keen to get your feedback, especially as this is a new area for us. If you have any questions or comments visit the Chiliz Exchange Telegram: https://t.me/ChilizTrade.

Earn rewards for holding Fan Tokens

Our take on staking will be structured into 3 tiers: Silver, Gold and Diamond. The staking period is 2 weeks. The first snapshot will be taken at midnight on Friday, so be sure to get your tokens before then!

Silver

Requirement: Users must hodl at least ten Fan Tokens of three different Socios.com partners.

Rewards:

  • 4 $TRA
  • $10 equivalent of CHZ

Gold

Requirement: Users must hodl at least twenty five Fan Tokens of three different Socios.com partners.

Rewards:

  • 10 $TRA
  • $50 equivalent of CHZ

Diamond

Requirement: Users must hodl at least fifty Fan Tokens of five different Socios.com partners.

Rewards:

  • 20 $TRA
  • $100 equivalent of CHZ

Rewards will be distributed within 2 weeks after the taking period.

Snapshots will be taken at random to ensure that tokens are being held. If you do not hold the correct amount of Fan Tokens throughout the staking period, you will not be eligible for rewards.


OUR TAKE ON STAKING IS COMING VERY SOON. FIND OUT MORE was originally published in Chiliz on Medium, where people are continuing the conversation by highlighting and responding to this story.

Comment 0

delete

Are you sure you want to delete this post?